Beam Global Receives $7.4M Order from the U.S. Army for 88 Off-Grid EV ARC™ Electric Vehicle Charging Systems
January 16 2024 - 6:00AM
Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of
innovative and sustainable infrastructure solutions for the
electrification of transportation and energy security, announced
the U.S. Army Corps of Engineers, Army Material Command (AMC)
placed an order for 88 EV ARC™ sustainable off-grid charging
systems. The systems will be deployed across 21 locations in 16
states. The purchase was made through GSA Multiple Award Schedule
(MAS) Contract Number 47QSWA21D0006 which simplifies the federal
procurement process and ensures best pricing.
The U.S. Army is building a more sustainable and
energy-resilient future for its fleet and its facilities across the
country. The EV ARC™ systems support Executive Order 14057 calling
for 100% zero-emission federal fleet light duty vehicle
acquisitions by 2027 and will support the growing fleet of zero
emission vehicles (ZEVs). The EV ARC™ charging systems will be
deployed at AMC locations in Alabama, Arizona, California,
Colorado, Indiana, Iowa, Kentucky, Missouri, New York, North
Carolina, Oklahoma, Pennsylvania, Tennessee, Texas, Utah and
Virginia, with more than 70% of the sites receiving multiple
systems per location.
“As federal fleet electrification initiatives like Executive
Order 14057 gain momentum, we expect continued growth in the
federal sector. Energy security and energy resilience is an
increasingly important consideration in building out the EV
charging infrastructure and we support the goal to have 25% of EV
charging infrastructure off-grid and powered by 100% renewable
energy,” said Beam Global CEO Desmond Wheatley. “Our sustainable EV
charging solutions create American manufacturing jobs to build
American made products that serve zero emission transportation with
100% locally generated, renewable and resilient energy. We proudly
employ veterans and invite more to join us and our mission to lead
the world to clean mobility.”
Executive Order 14057 with its accompanying Federal
Sustainability Plan calls for 100% zero-emission federal fleet
vehicle acquisitions by 2035, including 100% light-duty
acquisitions by 2027. This is prioritizing and accelerating a
Federal Clean Electricity and Vehicle Procurement Strategy, calling
for clean and zero emissions vehicles (ZEVs) for federal, state,
local and tribal government fleets. There are approximately
six-hundred and seventy-five-thousand vehicles in the federal
fleet.
For more information on how federal, local and state government
entities can purchase Beam’s EV ARC™ turnkey sustainable EV
charging solutions from the federal GSA contract Number
47QSWA21D0006, please contact The Beam Team at 858-799-4583 or
BeamTeam@BeamForAll.com.
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
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Forward-looking statements are generally accompanied by terms or
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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
A video accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b305d95a-9005-4d26-b032-4798b332adb9
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