Beam Global announced deployment of solar-powered EV charging systems for Stanislaus County's electric fleet, enhancing sustainability and energy independence.
Quiver AI Summary
Beam Global announced the deployment of ten EV ARC™ solar-powered electric vehicle charging systems and an ARC Mobility™ trailer to support the EV fleet of Stanislaus County, California. These off-grid systems provide renewable energy for charging without needing traditional infrastructure or utility connections, enhancing flexibility and reliability, especially in emergency situations. The acquisition was funded through the Congestion Mitigation and Air Quality Program, utilizing a streamlined procurement process. CEO Desmond Wheatley emphasized the importance of sustainable charging solutions that reduce costs and emissions, as the county aims to electrify its fleet with clean energy. Beam Global, headquartered in San Diego, specializes in innovative infrastructure solutions for energy security and transportation.
Potential Positives
- Deployment of ten EV ARC™ off-grid, solar-powered charging systems in Stanislaus County highlights Beam Global's commitment to sustainable and innovative infrastructure solutions.
- The use of renewable energy for EV charging supports fleet operations while reducing emissions and ensuring reliable energy supply without dependency on the grid.
- The acquisition through Federal funding and cooperative purchasing streamlines procurement, making it easier for other municipalities to adopt Beam Global's solutions.
- The success of this deployment positions Beam Global as a leader in the growing market for clean energy infrastructure and electric vehicle charging solutions.
Potential Negatives
- The press release emphasizes reliance on federal funding (CMAQ Program funds), which may raise concerns about financial sustainability and dependence on government programs.
- The mention of "forward-looking statements" highlights the inherent risks and uncertainties associated with the company’s projections, which could lead to skepticism among investors and stakeholders regarding future performance.
- There is a lack of disclosure about potential past performance issues or challenges faced by Beam Global, which could lead to questions about the company’s overall operational health and effectiveness.
FAQ
What are EV ARC™ systems?
EV ARC™ systems are off-grid, solar-powered electric vehicle charging solutions that require no construction or utility grid connection.
How will Stanislaus County use the installations?
The systems will support charging for the County’s electric vehicle fleet, enhancing operational efficiency and sustainability.
What advantages do Beam Global’s solutions offer?
They provide reliable, renewable energy, reduce emissions, avoid utility costs, and eliminate dependence on the traditional power grid.
How were the EV ARC™ systems funded?
The systems were purchased using Congestion Mitigation and Air Quality (CMAQ) Program funds from the Federal Highway Administration.
Where is Beam Global headquartered?
Beam Global is headquartered in San Diego, California, with additional facilities in several locations including Europe and the Middle East.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BEEM Revenue
$BEEM had revenues of $9M in Q4 2025. This is an increase of 6.7% from the same period in the prior year.
You can track BEEM financials on Quiver Quantitative's BEEM stock page.
$BEEM Hedge Fund Activity
We have seen 16 institutional investors add shares of $BEEM stock to their portfolio, and 21 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- INTEGRITY WEALTH ADVISORS, INC. removed 540,132 shares (-42.1%) from their portfolio in Q4 2025, for an estimated $810,198
- RENAISSANCE TECHNOLOGIES LLC added 90,300 shares (+268.0%) to their portfolio in Q4 2025, for an estimated $135,450
- JANE STREET GROUP, LLC removed 45,338 shares (-78.8%) from their portfolio in Q4 2025, for an estimated $68,007
- VANGUARD GROUP INC added 44,237 shares (+6.7%) to their portfolio in Q4 2025, for an estimated $66,355
- QUADRATURE CAPITAL LTD added 40,514 shares (+inf%) to their portfolio in Q4 2025, for an estimated $60,771
- CITADEL ADVISORS LLC added 40,026 shares (+inf%) to their portfolio in Q4 2025, for an estimated $60,039
- VIRTUE CAPITAL MANAGEMENT, LLC removed 34,723 shares (-69.4%) from their portfolio in Q4 2025, for an estimated $52,084
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$BEEM Analyst Ratings
Wall Street analysts have issued reports on $BEEM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Freedom Broker issued a "Buy" rating on 03/23/2026
To track analyst ratings and price targets for $BEEM, check out Quiver Quantitative's $BEEM forecast page.
Full Release
SAN DIEGO, April 21, 2026 (GLOBE NEWSWIRE) --
Beam Global
, (Nasdaq:
BEEM
), a leading provider of innovative and sustainable infrastructure solutions for transportation, energy security and smart city infrastructure, today announced the deployment of ten EV ARC™ off-grid, solar-powered electric vehicle (EV) charging systems and an ARC Mobility™ trailer for Stanislaus County, California. The systems will be deployed to support charging for the County’s EV fleet.
The EV ARC™ systems provide rapidly deployable EV charging infrastructure without the need for construction, trenching, or utility grid connection. Each unit generates and stores its own electricity, delivering reliable, renewable energy for fleet operations while reducing emissions and protecting against grid outages. The ARC Mobility™ trailer further enhances flexibility by enabling Stanislaus County to move the EV ARC™ systems quickly and efficiently in the event their charging needs change or there is an emergency situation, such as an earthquake or a wild fire, which requires rapidly deployed energy infrastructure in a new location.
The systems were purchased using Congestion Mitigation and Air Quality (CMAQ) Program funds administered by the Federal Highway Administration (FHWA). Stanislaus County utilized Beam Global’s Sourcewell cooperative purchasing contract to streamline procurement.
“We applaud Stanislaus County for choosing to ‘Drive on Sunshine’ while providing robust, sustainable and affordable clean energy for their fleet vehicles,” said Desmond Wheatley, CEO of Beam Global. “State and county governments continue to electrify their fleets saving money on gasoline and diesel at a time where oil cost volatility is being reflected at the gas pump. Beam Global’s renewably energized EV charging infrastructure solutions provide electricity for charging EVs at zero unit cost for the energy, ensuring that whatever happens at the pump or to utility rates, our customers will never pay more to charge their fleet vehicles.”
By deploying EV ARC™ systems and the ARC Mobility™ trailer, Stanislaus County will be able to charge its fleet vehicles using clean, renewable energy generated on-site, improving operational efficiency while avoiding utility costs, construction delays, and grid dependency associated with traditional EV charging infrastructure.
For more information about Beam Global’s sustainable EV charging solutions, visit
BeamForAll.com
or contact
[email protected]
.
About Beam Global
Beam Global is a sustainable technology innovator which develops and manufactures infrastructure products and technologies. We operate at the nexus of innovative and reliable energy, transportation and smart cities solutions with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage, energy security and intelligent Infrastructure. With operations in the U.S., Europe and the Middle East, Beam Global develops, patents, designs, engineers and manufactures unique and advanced innovative technology solutions that power transportation, provide secure sources of electricity, enable Smart City services, save time and money, and protect the environment. Beam Global is headquartered in San Diego, CA with facilities in Broadview, IL, Belgrade and Kraljevo, Serbia and Abu Dhabi, UAE. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit,
BeamForAll.com
,
LinkedIn
,
YouTube
,
Instagram
and
X
.
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. 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. Except to the extent required by law, Beam Global expressly disclaims any obligation to update any forward-looking statements.
Investor Relations
Luke Higgins
+1 858-261-7646
[email protected]
Media Contact
Lisa Potok
+1 858-327-9123
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