Nuvve Holding ( (NVVE) ) has shared an update.
Nuvve Holding Corp., a leader in vehicle-to-grid (V2G) technology, reported a 16.3% increase in managed megawatts, despite a 29.3% drop in third-quarter revenue for 2024. The company reduced operating expenses significantly and improved product margins, reflecting strategic cost management and a shift towards engineering services. With advancements like a new V2G-capable school bus in New Mexico and partnerships to expand EV infrastructure, Nuvve continues to innovate in the clean energy sector while expecting revenue growth in the coming quarters.
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