Benzinga | Nov 10, 2021 11:13AM EST

Nuvve To Install V2G Hub At Blue Bird Factory

* Nuvve Holding Corp (NASDAQ:NVVE) is set to install and commission up to 200 Nuvve V2G DC 125kW fast-charging stations with dual dispensers at Blue Bird Corp's (NASDAQ:BLBD) delivery facility in Fort Valley, Georgia.

* The move is expected to create a V2G hub that will help optimize the utilization of electric buses and allow them to act as energy storage assets.

* Nuvve will create the V2G hub in the ready-for-delivery (RFD) lot on Blue Bird's facility, where electric buses coming off the production line will be stored.

* "This V2G hub will serve as a blueprint for large-scale school bus fleet deployments across the country," said Gregory Poilasne, chairman and CEO of Nuvve.

* Price Action: NVVE shares are trading lower by 2.38% at $15.6 on the last check Wednesday.