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Beam Global Deploys EV ARC™ Sustainable EV Charging for City of Costa Mesa CA

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Beam Global has successfully launched an EV ARC™ solar-powered EV charging system in Costa Mesa, California, designated for the City’s electric shuttle bus and other fleet vehicles. This installation simplifies procurement via a California DGS contract and supports sustainability initiatives, providing clean, off-grid energy. The system can charge two vehicles simultaneously, is flood-proof and transportable, enhancing the City's energy resilience. Beam Global continues to position itself as a leader in sustainable EV charging solutions amid growing demand for zero-emission transportation.

Positive
  • Deployment of EV ARC™ charging system enhances sustainability efforts in Costa Mesa.
  • System is off-grid, flood-proof, and can charge two vehicles simultaneously.
  • Supports California's initiative for zero-emission infrastructure and fleet electrification.
Negative
  • None.

SAN DIEGO, March 17, 2022 (GLOBE NEWSWIRE) -- 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, today announced that the City of Costa Mesa in Orange County California has deployed an EV ARC™ solar-powered EV charging system to charge the Senior Center electric shuttle bus and other City fleet electric vehicles. The system was purchased through the California Department of General Services (DGS) Contract #1-18-61-16, which serves to simplify the government procurement process and make chosen solutions available statewide at the best negotiated pricing.

The City of Costa Mesa’s EV ARC™ charging system fits in a standard parking space and is equipped with a dual port ClipperCreek brand charger capable of charging two vehicles simultaneously. The solar-powered EV ARC™ system generates and stores its own clean electricity and delivers that electricity to power City EVs day or night, and during inclement weather and power outages. Off grid, flood proof to 9.5 feet and wind-rated to 125 mph, the product adds to the City’s energy resiliency and disaster preparedness. The charging system is transportable and can be relocated as City charging patterns emerge and change.

“The City of Costa Mesa continues to make excellent progress in our sustainability initiatives,” said Salem Afeworki, Energy and Sustainability Services Manager at the City of San Diego. “The EV ARC solar EV charging station deployed at the Senior Center provides clean energy to our electric shuttle bus for a zero emissions transportation option.”

The EV ARC system was deployed at the City of Costa Mesa’s Senior Center (view video). Requiring no connection to the utility grid, Beam Global products eliminate disruptive construction projects, costly electric circuit upgrades and utility charges to deliver significant long-term savings to city budgets.

“The City of Costa Mesa is demonstrating that EV ARC systems aren’t just good for sedans but can fuel transit as well,” said Beam Global CEO Desmond Wheatley. “With the lower total cost of ownership of electric vehicles now a broadly accepted fact, fleet electrification is being prioritized by federal, state and local governments as well as a growing number of commercial and enterprise operators. Skyrocketing gas prices due to current geo-political developments are only increasing the urgency. The EV ARC is powered 100% by the sun with no grid connection to achieve zero emissions transportation.”

California Governor Gavin Newsom’s commitments to fast-track progress toward environmental goals includes $2 billion over four years in dedicated funding to zero-emission infrastructure, vehicles and equipment. This proposal follows the September 2020 mandate banning the sale of new gasoline and diesel vehicles in the state by 2035. The need for more sustainable EV charging infrastructure is also gaining traction at the national level, with President Biden announcing $7.5 billion for EV charging infrastructure.

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
+1 813-526-1195
Press@BeamForAll.com

A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/6c8c21c4-9acb-4a16-ba82-0c9c5ab99f58


FAQ

What is the recent development regarding Beam Global's EV ARC™ system?

Beam Global has deployed an EV ARC™ solar-powered charging system in Costa Mesa, California, for city fleet vehicles.

What are the benefits of the EV ARC™ charging system?

The system generates clean electricity, operates off-grid, and is transportable, enhancing energy resilience.

How does the EV ARC™ charging system support sustainability?

It provides zero-emission transportation and supports the city's sustainability initiatives by utilizing solar power.

What impact does the City of Costa Mesa's deployment of EV ARC™ have on Beam Global's business?

This deployment highlights Beam's leadership in sustainable EV solutions and aligns with increasing government focus on electrification.

What is Beam Global's stock symbol?

Beam Global trades under the stock symbols BEEM and BEEMW on Nasdaq.

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