Investor conference call to be held at
5 PM Eastern Time
SAN
DIEGO, May 4, 2023 /PRNewswire/ -- Nuvve Holding
Corp. (Nasdaq: NVVE) ("Nuvve"), a green energy technology
company that provides a globally-available, commercial
vehicle-to-grid (V2G) technology platform designed to enable
electric vehicle (EV) batteries to store and resell unused energy
back to the local electric grid and provide other grid services,
announced today that it will conduct a conference call to review
the financial results for the first quarter 2023 at 5 PM ET (2 PM PT)
on Thursday, May 11, 2023. Nuvve will
issue a press release detailing its results after market close that
same day.
Conference Call Details
To participate in the call, please register for and listen via a
live webcast, which is available in the "Events" section of Nuvve's
investor relations website at https://investors.nuvve.com/. In
addition, a replay of the call will be made available for future
access.
About Nuvve Holding Corp.
Nuvve Holding Corp. (Nasdaq: NVVE) is the global leader in
vehicle-to-grid technology serving the mission-critical needs of
commercial fleets and EV charging networks, utilities and
transmission system operators. The company's intelligent,
cloud-based software, Nuvve GIVe™, transforms EVs from grid drain
to gain by generating recurring revenue from V2G and grid services.
This reduces the cost of fleet electrification while supporting
grid resilience. Committed to accelerating the planet's transition
to a net-zero future, Nuvve is securing fleet electrification
partners across the e-mobility and grid value chain and supports
active V2G and grid services deployments around the world with 17.4
megawatts currently under management. Nuvve is headquartered in
San Diego, Calif., USA. To learn
more about V2G, futureproofing EV infrastructure and using EVs for
grid resilience, visit nuvve.com.
Nuvve Investor Contact
ICR
nuvve@icrinc.com | +1 646-200-8872
Nuvve Press Contact
(W)right On
Communications
David Cumpston |
dcumpston@wrightoncomm.com | +1 415-902-4461
Nuvve Forward Looking Statements
The information in this press release includes "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. All statements, other than statements of
present or historical fact included in this press release,
regarding Nuvve and Nuvve's strategy, future operations, estimated
and projected financial performance, prospects, plans and
objectives are forward-looking statements. When used in this press
release, the words "could," "should," "will," "may," "believe,"
"anticipate," "intend," "estimate," "expect," "project," the
negative of such terms and other similar expressions are intended
to identify forward-looking statements, although not all
forward-looking statements contain such identifying words. These
forward-looking statements are on management's current expectations
and assumptions about future events and are based on currently
available information as to the outcome and timing of future
events. Except as otherwise required by applicable law, Nuvve
disclaims any duty to update any forward-looking statements, all of
which are expressly qualified by the statements in this section, to
reflect events or circumstances after the date of this press
release. Nuvve cautions you that these forward-looking statements
are subject to numerous risks and uncertainties, most of which are
difficult to predict and many of which are beyond the control of
Nuvve. In addition, Nuvve cautions you that the forward-looking
statements contained in this press release are subject to the
following factors: (i) risks related to the rollout of Nuvve's
business and the timing of expected business milestones; (ii)
Nuvve's dependence on widespread acceptance and adoption of
electric vehicles and increased installation of charging stations;
(iii) Nuvve's ability to maintain effective internal controls over
financial reporting (iv) Nuvve's current dependence on sales of
charging stations for most of its revenues; (v) overall demand for
electric vehicle charging and the potential for reduced demand if
governmental rebates, tax credits and other financial incentives
are reduced, modified or eliminated or governmental mandates to
increase the use of electric vehicles or decrease the use of
vehicles powered by fossil fuels, either directly or indirectly
through mandated limits on carbon emissions, are reduced, modified
or eliminated; (vi) potential adverse effects on Nuvve's backlog,
revenue and gross margins if customers increasingly claim clean
energy credits and, as a result, they are no longer available to be
claimed by Nuvve; (vii) the effects of competition on Nuvve's
future business; (viii) risks related to Nuvve's dependence on its
intellectual property and the risk that Nuvve's technology could
have undetected defects or errors; (ix) the risk that we conduct a
portion of our operations through a joint venture exposes us to
risks and uncertainties, many of which are outside of our control;
(x) that our joint venture with Levo Mobility LLC may fail to
generate the expected financial results, and the return may be
insufficient to justify our investment of effort and/or funds; (xi)
changes in applicable laws or regulations; (xii) the COVID-19
pandemic and its effect directly on Nuvve and the economy
generally; (xiii) risks related to disruption of management time
from ongoing business operations due to our joint ventures; (xiv)
risks relating to privacy and data protection laws, privacy or data
breaches, or the loss of data; (xv) the possibility that Nuvve may
be adversely affected by 3 other economic, business, and/or
competitive factors, including increased inflation and interest
rates, and the Russian invasion of Ukraine; and (xvi) risks related to the
benefits expected from the $1.2 trillion
dollar infrastructure bill passed by the U.S. House of
Representatives (H.R. 3684). Should one or more of the risks or
uncertainties described in this press release materialize or should
underlying assumptions prove incorrect, actual results and plans
could differ materially from those expressed in any forward-looking
statements. Additional information concerning these and other
factors that may impact the operations and projections discussed
herein can be found in the Annual Report on Form 10-K filed by
Nuvve with the Securities and Exchange Commission (SEC) on
March 31, 2022, and in the other
reports that Nuvve has, and will file from time to time with the
SEC. Nuvve's SEC filings are available publicly on the SEC's
website at www.sec.gov.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/nuvve-to-report-first-quarter-2023-financial-results-on-thursday-may-11-2023-301816318.html
SOURCE Nuvve Corporation