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Recharge Wrap-up: Formula E powertrains announced, free E10 at Sturgis

CarCharging Hires Former Schneider Electric Exec As CEO

The Renewable Fuels Association (RFA) offers free E10 fill-ups at the Buffalo Chip Campground during the Sturgis Motorcycle Rally. The RFA has been offering the free 10-percent ethanol gasoline blend at the South Dakota event for the past four years. "RFA has been here for a long time getting the word out about ethanol, that it is safe, because there's all that false information going out there," says campground owner Rod "Woody" Woodruff, who only uses E10 in his own motorcycle. Read more at Domestic Fuel.

Formula E has approved the powertrain manufacturers for the second race season. With teams being allowed to develop their own electric powertrains, eight manufacturers will provide the e-motor, inverter, gearbox and cooling system packages for the 10 teams. Eight teams are using their own powertrains, while Team Aguri will use the same SRT01-e powertrain from the inaugural season, and Dragon Racing will borrow Venturi's bespoke powertrain. Read more from Formula E.

CarCharging has appointed Mike Calise, former Head of North America EV Solutions at Schneider Electric, as CEO. Additionally, the EV charging company says that CarCharging founder and former CEO Michael Farkas will remain in his post as Chairman of the Board, and will also take on the role of Chief Visionary Officer. "As an EV charging industry executive, I was able to witness the tremendous staying power and consistent expansion of CarCharging's services and footprint during the early development of the EV market," says Calise. "I chose to join CarCharging because I anticipate that the company and its Blink Network are poised to significantly expand their leadership role into the next demand phase of the EV charging industry." Read more in the press release below.

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CarCharging Names Schneider Electric's Former Head of North America Electric Vehicle Solutions, Mike Calise, as Chief Executive Officer

Electric Car Charging Executive with More than a Decade of Cleantech Experience Joins the Largest Owner, Operator, and Provider of Electric Vehicle Charging Services

MIAMI BEACH, Fla., Aug. 4, 2015 /PRNewswire/ -- Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"), the largest owner, operator, and provider of electric vehicle (EV) charging services, announced that Mike Calise has been appointed as the company's Chief Executive Officer. Michael D. Farkas will continue to serve as Chairman of the Board and will also serve as the Chief Visionary Officer.

Mr. Calise is an executive with more than a decade of cleantech experience managing the hardware, software, and service divisions for various technology companies from early stage through business plan execution. Prior to CarCharging, Mr. Calise served as the Head of North America EV Solutions at Schneider Electric, a nearly $30B world leader in energy management and energy efficiency. At Schneider Electric, he was responsible for the overall business in North America, including the company's EV strategy, products, services, channels and profitability. Prior to Schneider Electric, Mr. Calise was the founder of EVadvise, an independent firm focused on mass scale electric vehicle infrastructure, where he developed the EV Charging infrastructure technology plan for Marin Transportation Authority's countywide charger deployment as well as others. Mr. Calise also served as the president of the publicly traded United Kingdom based company, ClearSpeed, and focused on energy efficient high performance computing. In less than four years during his tenure, its value increased from less than $10 million to more than $200 million. Additionally, Mr. Calise began his career in semiconductor sales for Intel Corporation and Benchmarq Microelectronics, which was acquired by Texas Instruments, where he specialized in low power embedded processors and battery management integrated circuits.

"The EV charging industry is one of constant change and CarCharging has certainly experienced a great deal of change since its founding six years ago," said Michael D. Farkas, CarCharging's Founder and Chief Visionary Officer. "As we start our seventh year, we anticipate that this is the beginning of an amazing chapter in the growth and transformation of our company. We are excited about the energy and experience that Mike brings to the company, and his appointment provides me with the opportunity to focus on the overall vision of the company and to continue to develop new generations of both commercial and residential EV charging solutions."

"As an EV charging industry executive, I was able to witness the tremendous staying power and consistent expansion of CarCharging's services and footprint during the early development of the EV market," said Mike Calise, CarCharging's new Chief Executive Officer. "I chose to join CarCharging because I anticipate that the company and its Blink Network are poised to significantly expand their leadership role into the next demand phase of the EV charging industry. I feel confident that due to the vision set by Michael D. Farkas since it began, the company's growth trajectory will continue as we support auto manufacturers, enterprise customers, and consumers that rely on CarCharging and Blink Network to further drive EV adoption."

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