Thursday, March 6, 2025

The Future is Electric: NVVE’s Role in the EV Charging Boom

Date:

Nuuve Holding Corp. (Nasdaq: NVVE), a global leader in grid modernization and vehicle-to-grid (V2G) technology, has an impressive coming-out party on March 16-18, 2025. Recently it announced a business relationship with ROTH Capital Partners with the latter brought on as an M&A Advisor. The electric charging market is, in a word, exploding. So much so, that the media frequently alludes to the challenges of the ‘drill baby drill’ crowd as the development of the EV sector becomes ‘fast and furious.’ With a new oil well taking 10 years to build, the charging threat to the O&G sector is real.

V2G (Vehicle to grid) (I stole the following as it is only slightly better than my definition).

V2G is when a bidirectional EV charger supplies power (electricity) from an EV car’s battery to the grid via a DC-to-AC converter system usually embedded in the EV charger. V2G can help balance and settle local, regional, or national energy needs via smart charging. It allows EVs to charge during off-peak hours and give back to the grid during peak hours when there is extra energy demand. This makes perfect sense: cars sit in parking spaces 95% of the time; thus, with careful planning and the proper infrastructure, parked and plugged-in EVs could become mass power banks, stabilizing the electric grids of the future. In this way, we can think of EVs as big batteries on wheels, helping to make sure that there is always enough energy for everyone at any given time.

Owning an EV is already significantly cheaper than owning one of their fossil-fuel-guzzling rivals. Canadian academicIngrid Malmgren estimates a total saving of around €5000 over a vehicle’s lifetime. With a bidirectional charger instead of a unidirectional one, you can save even more if you live in a country where energy costs vary during the day. In some countries, such as Spain, charging a vehicle at night incurs lower electricity costs when electrical demand is lower than during daytime peak hours.

To remind you, and I will come back to specifics, NVVE is shoulder-deep in this stuff. Let your mind stretch and expand and this power Watusi extends to homes, truck and bus fleets while energy consumers realize better power prices, almost obscene efficiency and, yes, fewer non-green holes drilled. You might ask about fracking, but that’s for natural gas and another article.

Natural gas has many qualities that make it an efficient, relatively clean-burning, and economical energy source. However, natural gas production and use, still require some environmental and safety considerations.

Burning natural gas for energy results in fewer emissions of nearly all types of air pollutants and carbon dioxide (CO2) emissions than burning coal or petroleum products to produce equal energy. For every 1 million Btu consumed (burned), more than 200 pounds of CO2 are made from coal, and more than 160 pounds of CO2 are produced from fuel oil. The clean-burning properties of natural gas have contributed to increased natural gas use for electricity generation and fleet vehicle fuel in the United States. (EIA) (remember the fleet potential \for EVs above?)

Now that you’re onboarding all this neat information, how can you participate investment-wise? Back to NVVE.

I personally consider NVVE a potential takeover candidate. Just as when Borg Warner bought now industry-leading Rhombus charging stations a few years ago, Nuuve can either build out its technology, take out some smaller companies to augment technology development, or get bolted onto a company that wants quality technology and exposure in the sector either as complimentary or a standalone division.

Whichever, it’s all exciting. And NVVE appears evident in its potential, whether its progress line vacillates up and down or rises up dead straight. The time for action on NVVE seems to be  contracting for investors.

Electric power used to be an energy source that, once used, was discarded, wasted or destroyed without a second thought. Well, that’s over as electrical power is positioned to supplant traditional non-green energy sources and improve upon current green technologies.

Bob Beaty
+ posts

For over 30 years, Bob Beaty has been explaining concepts and companies to the global investment community. One of the original writers for Jim Cramer’s Thestreet.com, he also wrote for AOL (Can/US), the Globe and Mail, and the Huffington Post. Over that period, he illuminated small-cap companies to investors with wit and pith but mostly opinion and facts. Investing should be fun. Pedantic, staid content is no fun.

Before embarking on his writing career, Bob had a successful international journey in the finance industry. He served as a broker, derivatives product manager, and a Director of London's Credit Suisse subsidiary. His career spanned across major financial hubs including Toronto, Vancouver, and the UK, giving him a unique global perspective. (He is still fondly remembering those English client lunches.)

Other than everything Groucho Marx and George Carlin ever said, Bob lives by a simple credo;

‘Never do anything the person standing in front of you can't understand.’ Hunter S. Thompson.

Let’s go.

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