Business
Beam Global Receives $5.3M Order from New York City*
The City expands fleet of sustainable EV ARC™ charging systems with 71-unit order SAN DIEGO, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM,
About this update from Beam Global
[{"type":"text","content":"The City expands fleet of sustainable EV ARC™ charging systems with 71-unit order\nSAN DIEGO, Nov. 15, 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, announced that New York City has placed an order for an additional 71 Beam EV ARC™ solar-powered EV charging systems. This is the seventh order placed by the City and expands the City’s fleet of sustainable EV ARC™ EV charging systems to 160. The new units are flood-proof to 9.5 feet, wind-rated to 125 mph and feature an emergency power panel to serve as emergency preparedness equipment for fleet operators and first responders during grid failures and extreme weather events. The systems were purchased using the General Services Administration (GSA) Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing; advantages which can be extended to many state and local government agencies when used for disaster recovery or preparedness purposes. \"New York City is our largest municipal customer and they continue to lead in sustainable and resilient EV charging infrastructure for their growing fleet of zero-emissions vehicles. Their EV ARC systems are rapidly deployed without digging up city streets and parking areas, without expensive upgrades to city electrical circuitry, and without concern for high utility costs, saving on City budgets,” said Beam Global CEO Desmond Wheatley. “Resiliency is very important to New York City and the EV ARC™ system’s ability to provide EV charging during grid outages and emergency power when needed by first responders is another great benefit for the city and their tax payers. Two birds with one stone.” Each of the City’s EV ARC™ system generates and stores its own electricity, and is equipped with a Beam factory installed dual-plug EV charger from ChargePoint Holdings, Inc. (NYSE: CHPT), a leading EV charging network, to power City fleet EVs. EV ARC™ systems are transportable, off-grid and require no construction, permitting or electrical work, providing City fleet vehicles with access to clean, resilient EV charging. With the increase in climate change threats as well as threats to traditional infrastructure ...