Nuvve Holding Corp. (NASDAQ:NVVE) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET

Company Participants

Eduardo Royes - Investor Relations

Gregory Poilasne - Chief Executive Officer

David Robson - Chief Financial Officer

Conference Call Participants

Eric Stine - Craig-Hallum

Brian Dobson - Chardan

Operator

Good afternoon and welcome to Nuvve Holding Corporation's Second Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce Eduardo Royes, Managing Director, ICR. Please go ahead.

Eduardo Royes

Thank you. On today's call are Gregory Poilasne, Chief Executive Officer; and David Robson, Chief Financial Officer of Nuvve. Earlier today, Nuvve issued a press release announcing its second quarter 2020 results. Following prepared remarks, we will open the call up for questions.

Before we begin, I would like to remind you that this call may contain forward-looking statements. While these forward-looking statements reflect Nuvve's best current judgment, they are subject to risks and uncertainties that could cause actual results to differ materially from those implied by these forward-looking projections. These risk factors are discussed in Nuvve's filings with the SEC and in the earnings release issued today, which are available on our website. Nuvve undertakes no obligation to revise or update any forward-looking statements to reflect future events or circumstances.

With that, I would like to turn the call over to Gregory Poilasne, Chief Executive Officer of Nuvve. Gregory?

Gregory Poilasne

Thank you, Eduardo, and hello to all. We thank you for joining our second quarter 2023 results call. We are proud to have yet again achieved a record order quarter in Q2 2023, topping the record set in Q1 and delivering yet another quarter of strong year-over-year growth across key metrics, including revenue, megawatts under management and backlog.

We came into 2023 discussing our optimism that we were finally hearing an overdue inflection point in both interest in and adoption of vehicle-to-grid technology and specifically our differentiated EV offering. Our results in the first half of the year evidenced this, and we are pleased to have increased visibility in our business. Our conviction and optimism, however, are funded on much more than just the improvement in orders and activity in the first half of the year. Nuvve remains the only pure-play public company today with a proven track record in deploying commercially available and scalable V2G technology worldwide and players across the EV charging and grid infrastructure landscape are taking notice.