Nuvve Joins EVVE Project To Accelerate Bidirectional Charging In Europe; As Part Of This Consortium, Nuvve Will Install ~100 Charging Stations, Utilizing Both CHAdeMO And CCS Standards, Which Is Another Megawatt Under Management For Nuvve And Represents A $400,000 Capital Expenditure
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Nuvve (NASDAQ:NVVE) is participating in the EVVE project to accelerate bidirectional charging in Europe. The project, led by EDF Group and Dreev, aims to deploy 800 V2G charging stations. Nuvve will install 100 stations, representing a $400,000 capital expenditure.
October 10, 2024 | 12:41 pm
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Nuvve's participation in the EVVE project to install 100 V2G charging stations in Europe represents a strategic expansion and a $400,000 capital investment. This move could enhance Nuvve's market position in the V2G sector.
Nuvve's involvement in the EVVE project and the installation of 100 charging stations is a significant step in expanding its V2G technology in Europe. The $400,000 investment indicates a commitment to growth and could positively impact its market position and stock price.
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RELEVANCE 100