Nuvve Holding Corp.

Nuvve Holding Corp. is a green energy technology company focused on accelerating the electrification of transportation through its intelligent energy platform. Its core mission involves transforming electric vehicles (EVs) into mobile energy storage assets and networking their battery capacity to support shifting energy needs, thereby making the grid more resilient, enhancing sustainable transportation, and supporting energy equity. The company is headquartered in San Diego, California.

Nuvve provides a commercial vehicle-to-grid (V2G) technology platform, including its proprietary Grid Integrated Vehicle (GIVe) cloud-based software platform, which enables EV batteries to store and resell unused energy back to the local electric grid and provide other grid services. This technology allows for linking multiple EV batteries into a virtual power plant (VPP) to provide bi-directional energy services to the electrical grid. Nuvve also offers networked charging stations, infrastructure, software, professional services, support, monitoring, and warranties for electric vehicle fleets. The company's platform dynamically manages power to and from EVs and the grid at scale, leveraging AI and predictive analytics for real-time energy forecasting and optimal charge-discharge cycles.

Nuvve Holding Corp. is led by CEO Gregory Poilasne, a co-founder who has served in the role since November 2020. The company has a global presence, with operations and projects in the United States, the United Kingdom, Denmark, France, and Japan. Recent news includes Nuvve Japan appointing a new Executive Officer of Finance in May 2026 and securing milestone payments for battery energy storage system (BESS) projects. Nuvve has also been involved in grid modernization initiatives, such as a project with the City of Socorro. Despite its technological advancements and strategic partnerships, the company has faced financial headwinds, including a potential delisting from NASDAQ due to non-compliance with minimum bid price requirements, and has been noted for burning through cash and being unprofitable in the last twelve months.

Latest updates

Nuvve Japan Appoints Seasoned CFO to Drive Asset-Holding Strategy

Event summary

  • Shigeki Mori, former CFO of THECOO Inc., has been appointed Executive Officer of Finance (CFO) at NUVVE JAPAN K.K., effective May 2026.
  • Mori led THECOO Inc. through a successful IPO on the Tokyo Stock Exchange Mothers (now Growth) Market in December 2021.
  • NUVVE JAPAN is shifting to an 'Asset-Holding Model,' owning and operating its own energy storage and V2G infrastructure.
  • The company aims to accelerate capital investments, achieve an early IPO, and build a financial foundation for sustainable value.
  • NUVVE JAPAN is a subsidiary of U.S.-based Nuvve Holding Corp.

The big picture

NUVVE JAPAN’s shift to an asset-holding model represents a significant strategic pivot, moving from a resource aggregation role to direct ownership and operation of energy infrastructure. This move, coupled with Mori’s IPO expertise, signals an acceleration of the company’s growth ambitions within the rapidly expanding Vehicle-to-Grid (V2G) market, which is increasingly vital for grid stability and renewable energy integration. The success of this strategy hinges on securing substantial investment and navigating the complexities of energy market regulations.

What we're watching

IPO Timeline
The stated goal of an early IPO will be heavily influenced by Mori’s ability to rapidly build out the asset-holding model and demonstrate profitability, a challenging feat in a nascent market.
Capital Deployment
How NUVVE JAPAN allocates capital to grid-scale batteries and V2G infrastructure will determine its ability to scale operations and compete effectively against larger, established energy players.
Governance Alignment
The degree to which NUVVE JAPAN’s corporate governance and investor relations strategies align with Nuvve Holding Corp.’s broader objectives will be critical for maintaining investor confidence and securing future funding.
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