Nuvve Results Presentation Deck slide image

Nuvve Results Presentation Deck

MARKET OPPORTUNITY: U.S. SCHOOL BUSES Yellow School Buses in the US(¹) 480,000 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) $120/ kW-year $240/ kW-year Assuming 100% electrified by 2035 with 60kW V2G chargers [] [] [] Storage Annual Revenue $3.5B $6.9B Electric School Bus Power Capacity ~29 GW (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. Ⓒ2023 Nuvve Holding Corp. All rights reserved. Confidential and proprietary. 18 Nuvve's experience and intellectual property make us uniquely qualified to capture this massive market opportunity NUVVE
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