Nuvve and Blue Bird Equip First All-Electric School Fleet in Texas

Martinsville ISD is now formally the primary Texas college district to boast an all-electric college bus fleet, in accordance with the Texas Electric School Bus Project, a nonprofit that tracks college transportation electrification within the state. Blue Bird’s Vision electrical, zero-emission college buses can carry a most of 71 college students for as much as 120 miles on a single cost. Based on Nuvve’s superior battery charging infrastructure choices, the buses require solely a small portion of the day to completely recharge.

Martinsville ISD Principal Keith Kimbrough commented: “We’re a small district however proud to be main the best way on sustainable and clear commutes for Texas college kids. Before I grew to become an educator, I used to be within the building business. Now, after working so intently with Nuvve, Blue Bird and Rush Truck Centers, I’m a believer in clear transportation and clear wind energy for Texas communities like mine. I’m proud to have managed the method of changing from diesel to electrical from starting to finish, and we’re satisfied different districts will take discover of what we’re doing right here. We are completely satisfied to share the playbook and, over time, our outcomes.”

“We’re pleased with the work our Nuvve Okay-12 group and companions are doing to advise and totally assist Martinsville Independent School District on its electrification journey, because it achieves this milestone and in addition marks our first set up in Texas,” stated Nuvve CEO Gregory Poilasne.

Blue Bird, an iconic, century-old college bus builder, helps college districts in Texas and throughout North America speed up the adoption of its electrical, zero-emission college buses.

“We are happy to group up with Nuvve and our native supplier associate Rush to assist Martinsville ISD shift to scrub pupil transportation,” stated Blue Bird President Britton Smith. “With greater than 1,500 electrical autos on the highway, Blue Bird is the undisputed chief in zero-emission college buses. We sit up for persevering with to drive innovation and sustainability in Texas, and to inspiring different districts based mostly on our partnership with Nuvve and the Martinsville mannequin.”

Kimbrough secured a $1.58 million Clean School Bus grant from the U.S. Environmental Protection Agency in October 2022 to assist underwrite the challenge. He additionally partnered with Rush Truck Centers as supplier, Blue Bird for the fleet and Nuvve K-12 to seek the advice of and supply the appropriate chargers and software program for the district’s routes and every day charging wants.

About Nuvve Holding Corp. 
Nuvve Holding Corp. (Nasdaq: NVVE) is a worldwide chief in vehicle-to-grid (V2G) expertise serving the mission-critical wants of business fleets. The firm’s clever, cloud-based software program, Nuvve GIVe™, is a platform that transforms electrical fleets into cell storage sources permitting them to contribute, and never simply eat, electrical energy. It permits a versatile suite of V2G, cost administration and grid companies that present electrical grid resilience whereas additionally producing recurring revenues to offset fleet operation prices. Committed to accelerating the planet’s transition to a net-zero future, Nuvve is securing fleet electrification companions throughout the e-mobility and grid worth chain and helps lively deployments world wide with 18.3 megawatts at the moment below administration. Nuvve is headquartered in San Diego, Calif., USA. To study extra concerning the worth of V2G, futureproofing EV infrastructure and utilizing EVs for grid resilience, go to nuvve.com.

About Blue Bird Corporation
Blue Bird (NASDAQ: BLBD) is acknowledged as a expertise chief and innovator of faculty buses since its founding in 1927. Our devoted group members design, engineer and manufacture college buses with a singular give attention to security, reliability, and sturdiness. Blue Bird buses carry probably the most treasured cargo on the earth – nearly all of 25 million kids twice a day – making us probably the most trusted model within the business. The firm is the confirmed chief in low- and zero-emission college buses with greater than 20,000 propane, pure fuel, and electrical powered buses in operation right now. Blue Bird is remodeling the coed transportation business by way of cleaner vitality options. For extra info on Blue Bird’s full product and repair portfolio, go to www.blue-bird.com.

Nuvve Press Contact
(W)proper On Communications, Larry Smalheiser
[email protected], +1 925-413-3137

Nuvve Investor Contact
ICR Inc.
[email protected], +1 646-200-8872

Blue Bird Press Contact
TSN Communications, Julianne Barclay
[email protected], +1 267-934-5340

Forward-Looking Statements
The info on this press launch consists of “forward-looking statements” throughout the which means of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, aside from statements of current or historic truth included on this press launch, concerning Nuvve and Nuvve’s technique, future operations, estimated and projected monetary efficiency, prospects, plans and goals are ahead wanting statements. When used on this press launch, the phrases “might,” “ought to,” “will,” “might,” “consider,” “anticipate,” “intend,” “estimate,” “count on,” “challenge,” the damaging of such phrases and different related expressions are supposed to establish forward-looking statements, though not all forward-looking statements comprise such figuring out phrases. 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In addition, Nuvve cautions you that the forward-looking statements contained on this press launch are topic to the next elements: (i) dangers associated to the rollout of Nuvve’s business and the timing of anticipated business milestones; (ii) Nuvve’s dependence on widespread acceptance and adoption of electrical autos and elevated set up of charging stations; (iii) Nuvve’s potential to keep up efficient inner controls over monetary reporting, together with the remediation of recognized materials weaknesses in inner management over monetary reporting regarding segregation of duties with respect to, and access controls to, its monetary report conserving system, and Nuvve’s accounting staffing ranges; (iv) Nuvve’s present dependence on gross sales of charging stations for many of its revenues; (v) any affect of the evaluation of the accounting and reporting of warrants associated to the extension of submitting the Form 10-Q for the primary quarter; (vi) total demand for electrical car charging and the potential for decreased demand if governmental rebates, tax credit and different monetary incentives are decreased, modified or eradicated or governmental mandates to extend using electrical autos or lower using autos powered by fossil fuels, both immediately or not directly by way of mandated limits on carbon emissions, are decreased, modified or eradicated; (vii) potential antagonistic results on Nuvve’s backlog, income and gross margins if clients more and more declare clear vitality credit and, consequently, they’re now not available to be claimed by Nuvve; (viii) the consequences of competitors on Nuvve’s future business; (ix) dangers associated to Nuvve’s dependence on its mental property and the danger that Nuvve’s expertise might have undetected defects or errors; (x) the danger that we conduct a portion of our operations by way of a three way partnership exposes us to dangers and uncertainties, lots of that are exterior of our management; (xi) that our three way partnership with Levo Mobility LLC might fail to generate the anticipated monetary outcomes, and the return could also be inadequate to justify our funding of effort and/or funds; (xii) modifications in relevant legal guidelines or rules; (xiii) the COVID-19 pandemic and its impact immediately on Nuvve and the financial system usually; (xiv) dangers associated to disruption of administration time from ongoing business operations as a result of our joint ventures; (xv) dangers regarding privateness and information safety legal guidelines, privateness or information breaches, or the lack of information; (xvi) the chance that Nuvve could also be adversely affected by 3 different financial, business, and/or aggressive elements, together with elevated inflation and rates of interest, and the Russian invasion of Ukraine; and (xvii) dangers associated to the advantages anticipated from the $1.2 trillion greenback infrastructure invoice handed by the U.S. House of Representatives (H.R. 3684). Should a number of of the dangers or uncertainties described on this press launch materialize or ought to underlying assumptions show incorrect, precise outcomes and plans might differ materially from these expressed in any forward-looking statements. Additional info regarding these and different elements that will affect the operations and projections mentioned herein might be discovered within the Annual Report on Form 10- Okay filed by Nuvve with the Securities and Exchange Commission (SEC) on March 31, 2022, and within the different stories that Nuvve has, and can file infrequently with the SEC. Nuvve’s SEC filings are available publicly on the SEC’s web site at www.sec.gov.

SOURCE Nuvve Holding Corp.