Beam Global Receives First Native Nation Order from The Confederated Tribes of Grand Ronde in Oregon

Rhea-AI Summary

Beam Global (Nasdaq: BEEM, BEEMW) announced an order from The Confederated Tribes of Grand Ronde, marking its first Native Nation customer. This order will facilitate electric vehicle (EV) charging for community members and employees in Oregon. The EV ARC™ systems are solar-powered, off-grid solutions that require no construction or electrical work, providing a sustainable and efficient alternative for charging EVs. The installation promises to deliver clean energy, with dual plugs available for simultaneous charging and emergency power options during outages.

Positive

• First Native Nation order for Beam Global, indicating new market expansion.
• The EV ARC™ allows for rapid deployment and no construction costs, enhancing operational efficiency.
• 100% solar-powered solution supports sustainability goals and energy independence.

Negative

• None.

SAN DIEGO, Feb. 07, 2023 (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, announced that it received an order from The Confederated Tribes of Grand Ronde in Oregon, who intends to offer EV charging to employees and the community. This represents the first Native Nation order for Beam Global.

“We are thrilled to be bringing the EV ARC to Grand Ronde so our employees and community members can charge their electric vehicles. Finding an electric vehicle charging solution that requires no construction and no electrical grid hassle felt like a breakthrough for us,” said Ryan Webb, Engineering and Planning Manager at The Confederated Tribes of Grand Ronde. “We can now get EV charging to our rural community much cheaper and faster than if we opted for a grid-tied solution.”

Solar-powered EV ARC™ electric vehicle charging infrastructure products are rapidly deployed with no digging, no construction and no electrical work. Off-grid and 100% solar-powered, EV ARC™ systems generate and store their own clean electricity and deliver that energy to any quality brand charger the customer chooses. The EV charger is pre-installed on the EV ARC™ at the Beam factory and arrives at the customer site ready to charge EVs. The Confederated Tribes of Grand Ronde selected a charger brand with dual plugs to charge 2 vehicles simultaneously, and the Emergency Power Panel that can serve the community and first responders with 120V and 240V electric outlets in grid outages or in case of an emergency.

“The 100% solar-powered EV ARC product perfectly reflects The Confederated Tribes of Grand Ronde’s commitment to the responsible stewardship of natural resources and to serving their community,” said Beam Global CEO Desmond Wheatley. “Our EV ARC products provide EV charging in an equitable, sustainable and affordable manner to the vast areas of the United States which are outside of major urban areas where challenges with capacity or connecting to the grid are common. Our ability to deploy without disturbing the environment means that we can install pollution-reducing EV charging without detrimental impact to nature or historically important sites.”

For more information on purchasing Beam EV ARC™ ready-to-deploy sustainable EV charging solutions please contact The Beam Team at 858-799-4583 or BeamTeam@BeamForAll.com.

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.

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FAQ

What recent order did Beam Global receive?

Beam Global received an order from The Confederated Tribes of Grand Ronde for EV charging infrastructure.

What is the significance of the order from The Confederated Tribes of Grand Ronde?

This order represents Beam Global's first Native Nation customer, expanding its market reach.

What technology does Beam Global offer for electric vehicle charging?

Beam Global offers the EV ARC™, a solar-powered off-grid charging system.

How does the EV ARC™ benefit the community?

The EV ARC™ provides convenient and sustainable EV charging without the need for construction or access to the electrical grid.

What capabilities does the EV ARC™ system offer?

The EV ARC™ can charge two vehicles simultaneously and provides emergency power during outages.