PowerPort Neo is Available for Immediate
Orders from Nuvve
SAN
DIEGO, April 22, 2024 /PRNewswire/ -- Nuvve
Holding Corp. (the "Company") (Nasdaq: NVVE), a global
technology leader accelerating the electrification of
transportation through its proprietary vehicle-to-grid (V2G)
platform, is pleased to announce the release of upgraded PowerPort
Electric Vehicle Supply Equipment (EVSE) models, boasting hardware
enhancements and unparalleled compliance with critical industry
standards.
With a steadfast commitment to innovation and regulatory
compliance, Nuvve proudly confirms that its latest PowerPort models
meet the stringent requirements set forth by the Buy America, Build
America Act (BABA) and the Buy American Act (BAA), as well as the
ISO 15118 hardware standards needed for many utility Approved
Product Lists ("APL"). The BAA and BABA mandates dictate that
products utilized in federally funded infrastructure projects and
those procured directly by federal agencies must be manufactured in
the United States.
The following PowerPort Neo models have been meticulously
designed and manufactured to align with these
regulations:
- Single-phase Single Connector PowerPort, Model
#EVSE-B-P1-T1-H1-A080
- Single-phase Dual Connectors PowerPort, Model
#EVSE-B-P1-T1-H2-A080
- Three-phase Single Connector PowerPort, Model
#EVSE-B-P3-T2-H1-A063
"Our procurement and manufacturing processes signify our
unwavering dedication to bolstering the domestic economy and
adhering to the rigorous standards mandated by federal
regulations," stated Hamza Lemsaddek, Nuvve's Vice President of
Technology and Astrea AI. "From sourcing materials to
assembly, we have made concerted efforts to ensure compliance with
American-made criteria. The PowerPort Neo also qualifies for
more utility APLs, so our customers can utilize program and grant
funding available to accelerate their fleet
electrification."
Nuvve's PowerPort Neo models not only fulfill regulatory
requirements, but also embody the highest standards of quality and
reliability. With strict quality control measures in place,
Nuvve continues to lead the industry in providing cutting-edge
electric vehicle charging equipment.
Moreover, Nuvve reaffirms its commitment to advancing domestic
manufacturing and economic growth in the
United States. By upholding excellence in product
development and adhering to regulatory standards, Nuvve remains at
the forefront of sustainable transportation solutions.
For further information regarding our products, please go
to: https://nuvve.com/chargers/ and do not hesitate to
get in touch with your Nuvve sales representative or contact us at:
sales@nuvve.com
About Nuvve
Nuvve (Nasdaq: NVVE) is a global
technology leader accelerating the electrification of
transportation through its proprietary vehicle-to-grid (V2G)
platform. Nuvve's mission is to lower the cost of electric vehicle
ownership while supporting the integration of renewable energy
sources, including solar and wind. For more information, please
visit www.nuvve.com.
Nuvve Sales Contact
sales@nuvve.com
Nuvve Investor Contact
investorrelations@nuvve.com
+1 (619) 483-3448
Nuvve Press Contacts
press@nuvve.com
+1 (619) 483-3448
Nuvve Forward Looking Statements
This press release contains forward-looking statements or
forward-looking information within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of forward-looking terms
such as "may," "will," "expects," "believes," "aims,"
"anticipates," "plans," "looking forward to," "estimates,"
"projects," "assumes," "guides," "targets," "forecasts,"
"continue," "seeks" or the negatives of such terms or other
variations on such terms or comparable terminology, although not
all forward-looking statements contain such identifying words.
Forward-looking statements include, but are not limited to,
statements concerning the Company's expectations, plans,
intentions, strategies, prospects, business plans, product and
service offerings, new product launches, potential clinical
successes, and other statements that are not historical facts.
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. Such statements are based upon the current beliefs and
expectations of management and are subject to significant risks and
uncertainties that could cause actual outcomes and results to
differ materially. Some of these risks and uncertainties can
be found in Nuvve's most recent Annual Report on Form 10-K and
subsequent periodic reports filed with the Securities and Exchange
Commission (SEC). Copies of these filings are available online at
www.sec.gov, https://investors.nuvve.com/ or on request from
Nuvve. These factors should not be construed as exhaustive and
should be read in conjunction with the other cautionary statements
that are included in the Nuvve's filings with the SEC. Such
forward-looking statements speak only as of the date made, and
Nuvve disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. Readers of this press release are
cautioned not to place undue reliance on these forward-looking
statements, since there can be no assurance that these
forward-looking statements will prove to be accurate. This
cautionary statement is applicable to all forward-looking
statements contained in this press release.
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SOURCE Nuvve Holding Corp.
