 SAN DIEGO, Aug. 12, 2021 PRNewswire -- Nuvve Holding Corp. Nuvve Nasdaq: NVVE, a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid V2G platform, today provided a second quarter 2021 update. Second Quarter Highlights and Recent Developments Advancing Fleet-as-a-Service FaaS offering which allows fleets to electrify transportation through a monthly leasing fee that includes V2G-compatible electric vehicles, V2G charging infrastructure, energy costs, and maintenance On August 4, 2021, completed formation of Levo Mobility LLC Levo, a sustainable infrastructure joint venture with Stonepeak Partners LP that will provide up to 750 million to fund transactions with electric fleets that will utilize our technology Announced expanded partnership with Blue Bird Corporation, the leading American-made manufacturer of school buses, to utilize Levos Fleet-as-a-Service Leasing Model Announced partnership with Romeo Power, an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, to help accelerate V2G integration for battery-electric commercial vehicles Robust pipeline activity across a broad range of customers and geographies Strong order backlog of 6.4 million, demonstrating strength of pipeline and customer commitments Cash and cash equivalents of 48.1 million, as of June 30, 2021 Management Discussion Gregory Poilasne, chairman and chief executive officer of Nuvve, said, We are encouraged by the strong customer demand we experienced in the second quarter leading to an increase in our backlog that we believe will drive revenue over time. 