Beam Global Announces Increase in Orders from County-Level Government Entities
20 December 2023 - 10:00PM
Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of
innovative and sustainable infrastructure solutions for the
electrification of transportation and energy security, announced
over 20% increase in new unit sales year-over-year from
county-level entities with a balance of new county customers (56%)
and returning repeat county customers (44%).
County parks, county hospitals, court systems, public works
(water and utility), public transit centers, fleet facilities and
child support services are among the recipients of the
solar-powered EV ARC™ EV charging infrastructure products. Off-grid
EV ARC™ systems generate and store their own electricity, and are
deployed with no electrical work, no construction and no utility
bill, reducing the county governments’ costs through avoided
construction, electrical upgrades, operational disruptions and
ongoing utility bills. The systems can continue to charge EVs
during blackouts and include an optional Emergency Power Panel that
can provide vital electricity to first responders during disasters,
emergencies and power outages.
“County level entities have a broad area to cover and are
expanding EV charging infrastructure to support sustainability
initiatives, community programs, fleet electrification and
emergency preparedness,” said Beam Global CEO Desmond Wheatley. “In
the past we’ve seen strong orders for county fleet vehicles, which
continue to grow, and this year we are also seeing an expansion in
public charging at county parks, hospitals and civic centers,
allowing more and more people to Drive on Sunshine.”
There are 3,143 counties in the United States. Beam Global is
supplying EV ARC™ systems to a growing number of them and considers
county governments as another significant growth opportunity.
Local, state and federal government entities, including utilities
and academic institutions can procure Beam Global products using
the California Department of General Services (DGS) contract
#1-22-61-16 which is open to government entities outside California
and ensures the best negotiated pricing. Beam Global products are
also on the federal General Services Administration (GSA) Multiple
Award Schedule (MAS) Contract Number 47QSWA21D0006 as part of GSA's
Disaster Purchasing Program which allows state and local government
entities to buy directly from all GSA Schedules to facilitate
disaster preparation, response, or major disaster recovery.
About Beam Global
Beam Global is a clean technology innovator which develops and
manufactures sustainable infrastructure products and technologies.
We operate at the nexus of clean energy and transportation with a
focus on sustainable energy infrastructure, rapidly deployed and
scalable EV charging solutions, safe energy storage and vital
energy security. With operations in the U.S. and Europe, Beam
Global develops, patents, designs, engineers and manufactures
unique and advanced clean technology solutions that power
transportation, provide secure sources of electricity, save time
and money and protect the environment. Headquartered in San
Diego with facilities in Chicago, Belgrade and Kraljevo, Beam
Global has a deep patent portfolio and is listed on Nasdaq under
the symbols BEEM and BEEMW. For more information visit
BeamForAll.com, LinkedIn, YouTube and X (formerly Twitter).
Forward-Looking Statements
This Beam Global Press Release may contain forward-looking
statements. All statements in this Press Release other than
statements of historical facts are forward-looking statements.
Forward-looking statements are generally accompanied by terms or
phrases such as “estimate,” “project,” “predict,” “believe,”
“expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,”
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that convey the uncertainty of future events or results. These
statements relate to future events or future results of operations,
including, but not limited to the following statements: statements
regarding the acquisition of Amiga, its expected benefits, and the
anticipated future financial performance as a result of the
acquisition. These statements are only predictions and involve
known and unknown risks, uncertainties and other factors, which may
cause Beam Global's actual results to be materially different from
these forward-looking statements. Except to the extent required by
law, Beam Global expressly disclaims any obligation to update any
forward-looking statements.
Media Contact:Skyya PR+1
651-335-0585Press@BeamForAll.com
Investor Relations:Core IR+1
516-222-2560IR@BeamForAll.com
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