The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Brian Dobson - Chardan Capital Markets - Analyst
: Hi, good evening. Thanks for taking my question.
Question: Brian Dobson - Chardan Capital Markets - Analyst
: Hey. So you recently signed a Memorandum of Understanding with the US Department of Energy. What type of long-term opportunities do you
believe that could open for the company?
Question: Brian Dobson - Chardan Capital Markets - Analyst
: Great. Thanks very much. And a similar question, you also gained approval from the Japanese transmission system operator. Could you speak to
some of the opportunities that that could lead to.
Question: Brian Dobson - Chardan Capital Markets - Analyst
: Sorry about that. I think I have a connection issue. Just regarding your recent approval from the Japanese transmission system operator. Could you
speak to some of the strategic opportunities that that approval could lead to?
Question: Brian Dobson - Chardan Capital Markets - Analyst
: Yes. Excellent. And my final question. We've been speaking with many of the charging companies and the feedback we're hearing is unanimously
positive regarding the consumer demand for vehicle-to-grid charging technology. Do you think that there'll be more opportunities for you to
partner in ways similar to the partnership that you have with Wallbox regarding your technology in their products?
Question: Brian Dobson - Chardan Capital Markets - Analyst
: Excellent, thank you very much for the color.
Question: Eric Stine - Craig-Hallum Capital Group - Analyst
: Hi, Gregory. Hi, David.
Question: Eric Stine - Craig-Hallum Capital Group - Analyst
: Hey. So just thinking about the demand you're starting to see early here, and obviously, people trying to answer the million-dollar question about
when does the dam kind of break. I mean, do you feel like people are waiting for the lottery -- for the infrastructure funding -- and once that sorts
itself out, you could start to see that ramp? Or how are you kind of thinking about things playing out over the next, call it, 9 to 12 months?
Question: Eric Stine - Craig-Hallum Capital Group - Analyst
: Okay. And maybe I don't want to put words in your mouth, but just curious if you agree that the -- as you said, you've got to get through the process,
but third-party funding from Levo or the other sources that are out there -- I mean, would you agree that that is more important than the infrastructure
funding in terms of starting the adoption going forward?
Question: Eric Stine - Craig-Hallum Capital Group - Analyst
: Yes. Got it. Just sticking with Levo a little bit, I know that the main focus of it is school buses. But just curious, one other end markets, whether it's
commercial vehicles, other fleets, I mean, do you see that as being a meaningful part of the portfolio once Levo is really up and running? Or do you
expect it to really be largely school bus?
Question: Eric Stine - Craig-Hallum Capital Group - Analyst
: All right.
Question: Eric Stine - Craig-Hallum Capital Group - Analyst
: Okay. Got you. Maybe last one from me, just an update on BYD. I mean I know you have a number of collaborations and partners. That one was a
pretty noteworthy one that goes back a few quarters, but maybe just an update on that.
Question: Eric Stine - Craig-Hallum Capital Group - Analyst
: Okay. Thanks a lot.
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MAY 12, 2022 / 9:00PM, NVVE.OQ - Q1 2022 Nuvve Holding Corp Earnings Call
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