New Report Outlines 2025 Tipping Point in Energy Crisis and Readiness for V2G Tech for EVs
Nuvve Holding Corp. (NASDAQ:NVVE), a global leader in vehicle-to-grid (V2G) technology, today released its white paper, "A 2025 Outlook on the U.S. Vehicle-to-Grid (V2G) Market Opportunity." This comprehensive report examines the pivotal role V2G technology will play in the U.S. energy landscape next year, addressing key drivers such as the electric grid crises, rising utility rates, government mandates, the electrification of school bus fleets and improved charging station infrastructure.
"2025 is poised to be a transformative year for V2G technology because of the convergence of grid reliability concerns, rising utility rates, and government mandates," said Gregory Poilasne, CEO of Nuvve. "As more school districts and businesses electrify their fleets, V2G can provide a much-needed solution to rising energy costs and grid reliability challenges, while also creating revenue opportunities for EV owners. V2G technology has the potential to transform EVs into mobile energy storage units."
The demand for reliable energy solutions has surged due to the instability in power grids across the U.S. Nuvve's report highlights how V2G technology offers a critical solution enabling electric vehicles (EVs) to feed energy back into the grid during peak demand, ultimately enhancing grid stability. This technology is especially relevant in the face of increasingly frequent power outages driven by aging infrastructure, extreme weather, and heightened energy demands.
V2G technology allows EV owners to participate in energy markets by selling excess power back to the grid, helping to offset rising costs and generate recurring revenue. Nuvve's white paper provides an in-depth analysis of how this technology will shape the future of the U.S. energy market, democratizing energy and creating a more resilient, sustainable grid.
To download the full white paper, visit Nuvve.com.
About Nuvve
Founded in 2010, Nuvve Holding Corp. (NASDAQ:NVVE) has successfully deployed vehicle-to-grid (V2G) on five continents, offering turnkey electrification solutions for fleets of all types. Nuvve combines the world's most advanced V2G technology and an ecosystem of electrification partners, delivering new value to electric vehicle (EV) owners, accelerating the adoption of EVs, and supporting a global transition to clean energy. Nuvve is making the grid more resilient, transforming EVs into mobile energy storage assets, enhancing sustainable transportation, and supporting energy equity in an electrified world. Nuvve is headquartered in San Diego, Calif., and can be found online at nuvve.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241009446187/en/