Business
Beam Global Receives First Order for BeamSpot™ Curbside EV Chargers from Fortune 500 Utility Company
The order comes shortly after last month’s launch of BeamSpot™ curbside charging solution and has the potential for significant follow-on orders from this
About this update from Beam Global
[{"type":"text","content":"The order comes shortly after last month’s launch of BeamSpot™ curbside charging solution and has the potential for significant follow-on orders from this nationwide customer\nSAN DIEGO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it has received the first order for its BeamSpot™ curbside chargers from a Fortune 500 company in the utility and energy solutions sector. Multiple corporate offices will each install three BeamSpot™ systems for EV charging and street lighting. This announcement comes shortly after last month’s launch of the product, which is part of Beam Global’s line up of renewably energized, grid independent, electric vehicle (EV) charging solutions. The patented BeamSpot™ sustainable curbside charging system is a streetlight replacement that combines solar, wind and utility-generated electricity stored in Beam Global’s proprietary integrated batteries, to provide resiliency, lighting and curbside EV charging. “This first order demonstrates the marketability of the BeamSpot product,” said Desmond Wheatley, CEO of Beam Global. “This product solves one of the toughest challenges facing the industry today – the need for ubiquitous, sustainable charging at the curb that can be deployed quickly and without major easements, construction or electrical work. We are excited to deliver these initial units to a long-term customer of Beam Global and are confident that our technology will provide significant value, making it an easy choice for them to place additional orders.\" The BeamSpot™ curbside EV charging system integrates with existing streetlight electrical infrastructure and combines solar, wind and utility-generated electricity for EV charging. This off-grid-capable system, designed to operate without complex construction or utility upgrades, targets high-demand urban areas such as city centers, residential neighborhoods, parking lots, multi-unit housing and public venues. BeamSpot™ chargers aim to address the challenges of deploying EV infrastructure in dense areas, offering a scalable solution that reduces installation costs and increases resiliency. While there are existing streetlight EV charging solutions on the market, those rely entirel...