Nuvve Holding Corp. and Power Electronics, announced an agreement to integrate Nuvve's vehicle-to-grid (V2G) GIVe™ platform with Power Electronics charging station technology to help intelligently electrify vehicles and help achieve global decarbonization goals. Through the partnership, Power Electronics will add Nuvve V2G-certified capabilities to their existing bidirectional chargers.

Nuvve's cloud-based software allows Power Electronics to go beyond bidirectional charging – that is, allowing an electric vehicle (EV) to send energy back to the grid – by enabling EVs to provide capacity and services that help stabilize the grid and prevent blackouts. By allowing EVs to store energy, including that from intermittent sources such as solar and wind, Nuvve's system helps increase renewable energy integration, while always prioritizing the mobility needs of the driver. Power Electronics has the most advanced technology in its production plant, where the vertical integration of the entire process is one of its main features.

Through its main divisions: solar energy, energy storage and electrical mobility, Power Electronics promotes renewable energies across the globe. Integration between the companies is targeted to be complete by the end of the year to provide unidirectional and bidirectional charging with Nuvve's V2G-certified options for customers first in Europe, followed by a steady rollout into a global alliance. The high-powered solution expands Nuvve's existing line-up of to medium- and heavy-duty charging station offerings for fleet customers, including school buses, work trucks, and more.

Nuvve sits at the center of an ecosystem of electrification partners it has assembled including automakers, EV dealers, charging infrastructure providers, technology solutions, and utilities to offer turnkey energy management solutions for different types of fleets throughout Europe, Asia, and North America. Through its platform, Nuvve helps lower the total cost of ownership of EVs while creating a more sustainable grid.