Business
Nuvve Corporation and Lion Electric Announce Vehicle-to-Grid (V2G) Collaboration
V2G technology leader and leading electric heavy-duty vehicle manufacturer partner to provide V2G-enabled electric school buses and trucks SAN DIEGO and
About this update from Nuvve Holding Corp.
[{"type":"text","content":"V2G technology leader and leading electric heavy-duty vehicle manufacturer partner to provide V2G-enabled electric school buses and trucks\n\n\nSAN DIEGO and MONTREAL, QC, Nov. 19, 2020 /PRNewswire/ -- Nuvve Corporation (Nuvve), a San Diego-based, green energy technology company and the global leader in vehicle-to-grid (V2G) technology, and The Lion Electric Co. (Lion Electric), a leading original equipment manufacturer of all-electric heavy-duty vehicles based in Saint-Jérôme (Québec, Canada), announced today their collaboration on launching vehicle-to-grid (V2G) technology as a standard feature of their zero-emission school buses. Last week, Nuvve announced a definitive merger agreement with Newborn Acquisition Corp. (Nasdaq: NBAC) which will result in Nuvve becoming a listed public company at closing.\n\n \n \n \n \n \n \n\n \nLion recently launched LionA, an all-electric mini school bus, on top of an already impressive portfolio of electric vehicles (EVs) including the LionC and LionD school buses and a wide range of electric trucks. Lion shares its electric technology across its different vehicle platforms, which means that the experience and learnings from its 6 million miles of real-world operation are transferable to all of its products. With this collaboration, Lion's buses and Nuvve's V2G technology will be fully integrated, which will enable the batteries of Lion vehicles to dynamically store and discharge energy when plugged in and controlled by Nuvve's software platform. \nNuvve and Lion have already partnered on key projects demonstrating the feasibility of V2G for school districts and utilities in California and New York. A joint project in White Plains, NY is currently in operation with bidirectional power flow. \n\"We have been designing around V2G implementation on our platforms so as to provide our customers with the most advanced technology currently available,\" said Marc Bédard, CEO and Founder of Lion Electric. \"Nuvve brings its cutting edge and experienced aggregation platform to complement our robust product offering, giving our customers added value in the process.\"\nNuvve has over 10 years of experience in V2G projects and deployments with operations across four continents providing several levels of services. V2G enables a more efficient use of energy on the site at which the vehicles are parked by ...