Nuvve Holding Corp. announced plans to form a joint venture with 2021.AI Aps (2021.AI) to integrate their artificial intelligence (AI) platform, Grace, to Nuvve's GIVe (Grid Integrated Vehicle) V2G platform. The joint venture – which will be named Astrea AITM – will leverage Nuvve'sextensive e-mobility and energy expertise and 2021.AI's proven AI platform to broaden and optimize the services offered by Nuvve's V2G technology.

2021.AI has developed a platform that handles the full life cycle of AI development and operation, including robust security, privacy, and governance features. The integration with Nuvve's software will enable forecasting and optimization models for the e-mobility and energy sectors through AI, deep learning, machine learning, and neural networks. This will allow Nuvve to provide robust, predictive analysis and energy insights to both EV and utility customers.

An example use case to be developed by Astrea AITM is using predictive modeling to forecast a fleet driver's behavior and understand the highly specific level of energy needed for that driver's EV to perform its daily driving duties. Based on that highly accurate forecast, Nuvve's system will be able to provide various grid services for longer periods of time and charge to those forecasted amounts. This will help improve the efficiency and performance of EV fleets while contributing even more services to the grid to increase capacity and resilience.

In addition to advanced fleet analytics, Astrea AITM will help Nuvve strengthen bidding strategies to take tariffs, volatility, and capacity needs on the grid side into account. This has immense potential benefits to the entire energy ecosystem including municipalities, energy cooperatives, investor-owned utilities, transmission operators, and energy retailers, especially as more and more EVs are introduced to the grid causing capacity strains.