Beam Global Increases Momentum in Enterprise Customers, Multi-Unit Orders, Repeat Customers
June 08 2022 - 8:00AM
Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of
innovative sustainable products and technologies for electric
vehicle (EV) charging, energy storage, energy security and outdoor
media, announced continued growth in repeat orders, multiple-unit
orders and enterprise customer orders during the 2nd quarter of
2022, demonstrating market momentum for EV ARC™ sustainable EV
charging systems across government and enterprise.
“On the heels of a record Q1, we have a solid mix
of new EV ARC orders thus far this quarter from both new and repeat
customers, and the majority of these customers are placing
multi-unit orders, demonstrating the increasing adoption and demand
we expect to see throughout 2022,” said Beam Global CEO Desmond
Wheatley. “We are also seeing the return of enterprise customers
with nearly 40% of new orders so far this quarter from
non-government customers. I believe this combination bodes well for
continued growth in 2022.”
Orders and deployments thus far in Q2 span 12
states, including the two new states of New Jersey and Illinois,
bringing the total to 31 states in the US where EV ARC™ systems are
deployed. EV ARC™ sustainable EV charging systems generate and
store their own electricity, and deliver that energy to any quality
brand charger the customer chooses. Because the EV ARC™ is off
grid, it requires no permitting, no electrical work, no
construction and no utility bill. Customers can continue to charge
during grid outages, inclement weather and emergencies, and can
offer EV charging in locations without sufficient circuitry to
support EV charging.
For more information on Beam sustainable EV
charging and energy storage solutions, please contact the
BeamTeam@BeamForAll.com or 858-799 4583.
About Beam Global Beam Global is a
clean technology leader providing innovative, sustainable products
and technologies for electric vehicle (EV) charging, energy
storage, energy security and outdoor media. Core platforms include
Beam EV ARC™ and Solar Tree® sustainable EV charging systems, Beam
AllCell™ high-performance energy storage solutions, energy
resiliency and disaster preparedness products and a deep patent
library.
Beam EV ARC™ EV charging infrastructure systems
support any quality brand EV charging service equipment, and Beam
AllCell™ battery solutions power micro-mobility, terrestrial EVs,
aviation, maritime and recreational vehicles as well as stationery
and energy-security platforms.
Beam develops, patents, designs, engineers and
manufactures unique and advanced clean mobility solutions that
protect the environment, save customers time and money, empower
communities and keep people moving. Based in San Diego and Chicago,
the company produces Made-in-America products with the mission to
Lead the World to Clean Mobility. Beam Global is listed on Nasdaq
under the symbols BEEM and BEEMW. For more information visit
BeamForAll.com, LinkedIn, YouTube and 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,” “will,” “should,” “may,” or other
words and similar expressions 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 proposed
acquisition, its expected benefits, the acquisition’s anticipated
timing, 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. There
can be no assurances that the proposed acquisition
of AllCell will be completed. Except to the extent
required by law, Beam Global expressly disclaims any obligation to
update any forward-looking statements.
Media Contact:Next PR+1
813-526-1195Press@BeamForAll.comInvestor
Relations:Kathy McDermottIR@BeamForAll.com+1
858-799-4583
A video accompanying this announcement is available
at: https://www.globenewswire.com/NewsRoom/AttachmentNg/a23c71bc-7bb7-413b-9f7a-57fec6959acc
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