Win-Win Situation? Nuvve's $NVVE Tech Can Potentially Turn Your EV Into A Revenue Stream

  • 3 months ago
Electric vehicles seem poised to take over the roads, reducing global emissions and helping the world achieve a greener future. They can also act as storage devices that can help support the power grid and even make their owners money thanks to vehicle-to-grid (V2G) technology being developed by companies like Nuvve Holding Corp. The global cleantech firm from San Diego creates storage systems from the batteries of EVs and aggregates energy and power capacity from multiple EV battery sources to form virtual power plants or VPPs. A VPP can provide energy to the grid, helping stabilize it and prevent blackouts.

Recommended