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Nuvve Holding Corp

nuvve.com

What Do They Do?

Sells electric-vehicle charging stations and stationary batteries, and provides software that links vehicle and stationary batteries to the power grid for fleet operators, automakers, and charging-network operators.

How Do They Make Money?

Customers pay for charging stations and batteries upon delivery, or after installation when sold as part of a larger solution; they also pay for GIVe access over contract periods, with some service fees tied to energy sales or carbon credits.

FY2025 revenue by product or service revenue
SegmentShareRevenue
Products
Sold outright

64%
FY2022: 77%
Services
Mix

25%
FY2022: 15%
Grants
12%
FY2022: 8.6%

Who Are Their Customers?

Fleet operators buy charging equipment and software directly from Nuvve's sales team or through reseller partners; automakers and charging operators are also customers or partners.

Do Revenues Turn Into Profits?

No. It lost $30.8M in FY2025.

Net income, FY2025
−643% of revenue
▲ +77% (Loss) vs FY2024 (−$17.4M, −329%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +268%
vs $333K in Q2 FY2025
Net income
▼ −48% (Loss)
vs −$13.4M in Q2 FY2025
Products share of revenue vs 42.6% in Q2 FY2025
  • Jul 23, 2026 Nasdaq determined it would delist Nuvve's stock The company said trading would move to the OTC Markets' Pink Limited Information Tier.
  • Jul 2, 2026 Agreed to acquire a Romanian battery-storage project The agreement covers all equity in BESS Sibiu, which is developing a battery energy storage system.

Growing. Revenue grew 14% in 4 years, from $4.2M in FY2021 to $4.8M in FY2025, about 3% a year.

Revenue over time
Products Services Grants
$10M$5M$0

Who Do They Compete With?

Competes with ChargePoint, Mobility House, Blink, Ovo Energy, General Electric, SemaCharge, EVConnect, BP Pulse, and Tesla

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