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
>>>>
Assumed Monthly Value of
Energy Storage (3)
$120/kW-year
Assuming 100% electrified by
2035 with 60kW V2G
100% electrification of school buses could increase U.S. electric power generation capacity by nearly 3% (²2)
Assuming all electric buses are powered by Nuvve's proprietary V2G
$240/kW-year
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.
19
Nuvve's experience and
intellectual property
make us uniquely
qualified to capture this
massive market
opportunity
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