SPACtori (@SPACtori)

Stonks20224/2/21, 05:13 PM

$NVVE how are they an Saas company? Im a bit confused about 1 thing. So in the investor presenation they presented a test case where someone could get 2K yearly by selling the energy to the grid. Is that 2K the reveneue the company gets?

Stonks20224/2/21, 06:39 PM

@SPACtori @Stonks2022 thanks buddy, going to watch the interview this weekend. There is Just one thing i dont undertsand, if 2750 is total revenue, what does the customer gets? If i understand correctly the consume (the driver of the car) also gets money to "sell" energy, right? How much of it? And you talked about 10+ years of contract, with who? The OEMs like Blue Bird and Lion Electric? Finally, what is stopping the consumers to just go to another charging V2G (once competitors come out with V2G)?

SPACtori4/2/21, 07:06 PM

@Stonks2022 the customers should get all the charging in the second line for free which cones out of bigger revenue total, that is a big savings everyday. They also get some back from other programs. Watch the video, the ceo will probably answer some of questions for you better than i can. The buses are replaced every 10-15 years. Bus gets sold once, but nuvve service comes with the bus. Not sure who they will go to yet if they want full v2g stack services. Nuvve invented the technology and has a lot of key patents. If others want to fully compete they will infringe. I guess customers can go to another service which would probably be a huge downgrade and more expensive