Nuvve awarded contract to support New Mexico's electrification and grid modernization initiatives

Nuvve New Mexico LLC, a subsidiary of Nuvve Holding Corp., has been awarded a contract by the State of New Mexico to support transportation electrification and grid modernization initiatives. This partnership positions Nuvve to play a key role in New Mexico's ambitious electrification plans, which include significant proposed appropriations exceeding $6 billion for electric school buses, EV charging infrastructure, and advanced grid technologies. The contract underscores the state's commitment to modernizing its infrastructure and transitioning to cleaner energy sources. The deal is notable for its alignment with a large-scale state-level initiative and the potential for significant future expansion. Nuvve's involvement in this project provides a strong foothold in the New Mexico market and validates its technology in the EV charging sector. The partnership with the State of New Mexico, backed by substantial proposed funding, signals a long-term commitment to electrification and grid modernization, creating opportunities for Nuvve and other players in the EV ecosystem.