CEO Michael Farkas Discusses the Company’s Breakout Expansion, Mobile Fueling Success, and Vision for AI/ML-powered, Decentralized Energy
NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) — PRISM MarketView has released an exclusive interview with Michael Farkas, CEO of NextNRG Inc. (NASDAQ: NXXT), highlighting the company’s record-breaking growth and its role at the forefront of the AI-powered energy revolution. As global demand for decentralized, sustainable, and intelligent energy solutions increases, NextNRG is pioneering transformative technologies—positioning itself as a key player in the evolving $4 trillion global electricity market.
In the interview, Farkas discusses the company’s AI-driven Utility Operating System, scalable smart microgrid technologies, and the explosive growth of EzFill, its mobile fueling division. These innovations address the dual challenge of powering AI infrastructure and achieving U.S. energy independence.
“At NextNRG, we’ve created a first-of-its-kind Utility Operating System impacting a nearly $4 trillion market. It integrates AI and ML to create the largest smart grid in the world, reducing generation and distribution costs by more than 10%,” said Farkas. “This grid already serves more than 6 million customer accounts—approximately 12 million people.”
The company is also targeting a major industry shift: the recent $25 billion investment by ADQ and ECP into AI-driven power generation, which underscores the urgency for reliable, high-density energy infrastructure.
“AI is driving massive growth in energy demand, and securing reliable power for data centers has become a strategic priority,” said Farkas. “Our AI-optimized smart grids and microgrid solutions are designed to meet that demand head-on.”
From Blink to NextNRG: Scaling Energy Innovation
Farkas, also the founder of Blink Charging, explained the evolution of his vision from vertically integrated EV charging to an all-encompassing energy infrastructure platform:
“The future of energy isn’t just about EV charging—it’s about upgrading the grid with smart microgrids and AI-driven solutions that enable a resilient and adaptive power infrastructure. That’s why I founded NextNRG—to build this future and power everything from healthcare campuses to tribal lands and commercial facilities.”
EzFill Reports Record Revenue Growth
In January 2025, EzFill, NextNRG’s mobile fueling division, reported $5 million in revenue, up 136% year-over-year from January 2024, and 120% growth month-over-month. This surge follows the acquisition of Shell Oil’s mobile fueling assets and the initiation of a long-term fueling contract with the world’s largest e-commerce company.
“As we continue to onboard new fleet accounts and optimize our operations, we believe we are well-positioned for sustained profitability and further expansion,” Farkas noted.
A Full-Service Energy Transition Strategy
NextNRG provides end-to-end solutions that help fleet operators transition from gas-powered vehicles to EVs through a strategic combination of mobile fueling, EV infrastructure, and wireless charging:
“NextNRG is the only company positioned to guide large fleet owners through every phase of the EV transition. Our Utility Operating System and smart microgrids enable scalable, cost-effective EV charging infrastructure while minimizing operational disruption,” said Farkas.
National Energy Independence and Security
Farkas also addressed rising trade tensions and tariffs, particularly Ontario’s 25% surcharge on electricity exports to U.S. states.
“This highlights the urgency of reducing reliance on foreign energy. By deploying decentralized energy via smart microgrids, we can ensure stable, cost-effective electricity production within the U.S. The transition to self-sufficient energy production isn’t just a sustainability initiative—it’s a national security priority.”
What’s Next for NextNRG
“Our Utility Operating System is one of a kind, and we are integrating AI/ML, microgrid technology, and wireless EV charging to ensure a more reliable and decentralized energy ecosystem. Our goal is to create an energy system that is more efficient, independent, and accessible for all,” Farkas concluded.
Users can read the Full Interview with Michael Farkas https://prismmarketview.com/nextnrg-delivers-record-growth-amid-surging-energy-demand-and-ai-driven-infrastructure-investments/
About NextNRG, Inc.
NextNRG Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging and on-demand mobile fuel delivery to create an integrated ecosystem.
At the core of NextNRG’s strategy is its utility operating system, which leverages AI and ML to help make existing utilities’ energy management as efficient as possible, and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs and improve grid resiliency. These microgrids are designed to serve commercial properties, schools, hospitals, nursing homes, parking garages, rural and tribal lands, recreational facilities and government properties, expanding energy accessibility while supporting decarbonization initiatives.
NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV, supporting more efficient fuel delivery while advancing clean energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.
To find out more users can visit: www.nextnrg.com
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.
Disclaimer
This communication was produced by PRISM MarketView, an affiliate of PCG Advisory Inc., (together “PCG”). PCG is not a registered or licensed broker-dealer nor investment adviser. No information contained in this communication constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any security. PCG may be compensated by respective clients for publicizing information relating to its clients’ securities. See www.pcgadvisory.com/disclosures.
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Mar 24, 2025 8:30am EDT
