Nuvve Results Presentation Deck
MARKET OPPORTUNITY: U.S. SCHOOL BUSES
Yellow School
Buses in the US(¹)
Electric School Bus Power
Capacity
>>>>
480,000
~29 GW
Less than
1% are
electric
today
V2G
POWERED BY
NUVVE
29
GW
100% electrification of school buses could increase U.S. electric power generation capacity by nearly 3%(²)
Assuming all electric buses are powered by Nuvve's proprietary V2G
Assumed Monthly Value
of Energy Storage (3)
Assuming 100%
electrified by 2035 with
60kW V2G chargers
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$120/kW-year →
$240/kW-year
→
Storage Annual
Revenue
$3.5B
$6.9B
Nuvve's experience
and intellectual
property make us
uniquely qualified
to capture this
massive market
opportunity
(1) Source: World Resources Institute. (2) Source: EIA; US power generation capacity as of the end of 2020. (3) Assumed value based on company estimates.
©2022 Nuvve Holding Corp. All rights reserved. Confidential and proprietary.
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