Core Insights - Blink Charging Co. has appointed Michael Bercovich as the new Chief Financial Officer, effective June 23, 2025, following the departure of previous CFO Michael Rama [1][4]. Company Overview - Blink Charging is a leading global provider of electric vehicle (EV) charging equipment and services, facilitating the transition to electric transportation through innovative solutions [6]. Leadership Background - Michael Bercovich has over 20 years of diverse experience in finance leadership roles across various tech companies, having previously served as CFO at multiple organizations and successfully raised over $250 million in capital [2][3]. - Bercovich's career includes significant roles at KPMG and leading financial operations for Xerox and CGI Group, showcasing his ability to navigate complex regulatory environments and drive business growth [3]. Transition and Continuity - Robert Strauss, a senior advisor from FTI Consulting, will serve as Interim CFO until Bercovich officially joins, ensuring operational continuity during the transition [4]. - The previous CFO, Michael Rama, contributed to strengthening Blink's financial foundation and supporting strategic initiatives before pursuing new opportunities [5]. Future Outlook - Bercovich expressed enthusiasm about joining Blink at a pivotal time, aiming to enhance the company's success in introducing new EV charging and energy management solutions, which are expected to positively impact revenue and market presence [5].

Core Viewpoint - Blink Charging Co. is set to announce its first quarter results for 2025 on May 12, 2025, and will host a conference call to discuss these results [1]. Company Overview - Blink Charging Co. is a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services [1]. - The company offers a range of products and services, including the Blink EV charging network, EV charging equipment, and related services [4]. - Blink's network utilizes proprietary, cloud-based software to operate, maintain, and track EV charging stations and associated data [4]. - The company has established strategic collaborations for EV charging adoption across various locations, including parking facilities, multifamily residences, workplaces, healthcare facilities, schools, airports, and more [4]. Upcoming Events - The conference call to discuss the first quarter results will take place on May 12, 2025, at 4:30 p.m. Eastern Time [1]. - Investors can access the live webcast through the Blink Charging website or by phone [2]. - A replay of the teleconference will be available until June 11, 2025 [3].

Core Insights - PG&E has introduced the Flexible Service Connection (Flex Connect) to expedite the connection of EV charging stations and grid-scale batteries without waiting for infrastructure upgrades [2][4][10] - The Flex Connect system utilizes a cloud-based Distributed Energy Resource Management System (DERMS) to manage power demand and supply dynamically, allowing for quicker connections [3][5] - The initiative has already enabled significant capacity increases for companies like Tesla and PepsiCo, enhancing their electric vehicle operations [7][9][11] Group 1: Flexible Service Connection Overview - Flex Connect allows customers with controllable power needs, such as EV chargers, to connect to the grid without waiting for capacity upgrades [2][4] - The system coordinates power demand based on electricity supply availability, allowing for immediate connections while long-term upgrades are completed [3][5] - PG&E has successfully expedited connections for four sites through Flex Connect, with more in development [4] Group 2: Impact on Tesla and PepsiCo - Tesla has utilized Flex Connect to increase the capacity of new Supercharger sites, allowing for immediate access to 2 megawatts (MW) of power, with adjustments during peak times [6][7] - PepsiCo's facility in Fresno has increased its electric semi-truck fleet charging capabilities from 30 to 50 trucks, receiving up to 4.5 MW of capacity most of the time [8][9] - The early access to additional power through Flex Connect has enabled PepsiCo to reduce CO2 emissions by approximately 8,000 tons and save around $1 million in fuel costs [11] Group 3: Future Plans and Additional Services - PG&E is expanding its DERMS capabilities to include more load management programs and plans to operationalize additional battery energy storage systems [16][17] - The company is also supporting the expansion of electric mobility infrastructure, including new Revel EV chargers in California [14] - PG&E's EV Fleet program and new EV Fleet Advisory Services aim to assist commercial customers in transitioning to electric vehicles [12][13]