Nuvve Holding Corp. (NASDAQ: NVVE) shares gained ground first thing Friday. The company, a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today commented on its newly granted European patent.
The company's V2G patents, which include some of the first in the industry, disclose comprehensive vehicle-to-grid solutions that include combinations of some or all of the following attributes:
i. The control of power flow to electric vehicles (EVs) responsive to, among other things, anticipated usage of vehicle and/or grid data.
ii. The management of EV charging by Electric Vehicle Equipment (EVE) responsive to, among other things, charger attributes and/or aggregation server requests.
iii. The calculation of available power capacity of aggregated EVs responsive to, among other things, EVE, charger operational parameters, and/or dispatching to the grid.
iv. The control of power flow to the grid from an EV, responsive to, among other things, charger attributes sent to EVE and/or instructions received from EVE.
CEO Gregory Poilasne commented, "Nuvve is proud of the development of its patents, including the disclosure of V2G innovations from multiple system-level perspectives, including the electric vehicle, electric vehicle equipment, charging stations, and an entirely new and innovative aggregation server. In addition, since our founding, our patent portfolio has undergone extensive due diligence by sophisticated and heavily-resourced infrastructure investors and automotive OEMs."
NVVE shares picked up 1.7 cents, or 4.7%, to 36.97 cents.
