Core Insights - Beam Global has reported a record-breaking increase in energy storage solutions (ESS) sales, with contracted orders in the first two months of 2025 nearly three times the total for the entire first quarter of 2024, indicating a 200% increase in new ESS orders [1][2][3] Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure products and technologies, operating at the intersection of clean energy and transportation [4] - The company develops, patents, designs, engineers, and manufactures advanced clean technology solutions that enhance energy security and support electric vehicle (EV) infrastructure [4] Product Highlights - The Beam AllCell™ energy storage solutions utilize patented PCC™ technology, which allows for more power in a smaller and lighter battery while providing advanced thermal management capabilities to enhance safety [3] - The significant growth in ESS sales reflects strong market demand for Beam's advanced energy storage technology, driven by bespoke designs and superior safety features [2][3] Market Position - The CEO of Beam Global emphasized the importance of diversifying product offerings, particularly in light of uncertainties surrounding EV charging sentiment, and noted that the company is successfully expanding its business in Europe [3] - The increase in sales of energy storage solutions and other products in Europe serves as a positive indicator of the company's growth strategy [3]

Core Insights - Beam Global has reported record sales for the first two months of 2025 in Europe, with a 79% increase in new contracted orders compared to the same period in 2024, indicating significant growth potential in the European market [1][2][3] Company Performance - The increase in contracted product sales is attributed to strong demand for street lighting and other infrastructure products [2] - The CEO of Beam Global highlighted the company's focus on expanding sales in Europe, particularly in renewably energized EV charging and energy security products, as well as smart cities and street lighting portfolios [3] Market Opportunities - Greater Europe is identified as the largest automobile market globally, with over 405 million cars, and upcoming EU mandates banning internal combustion vehicle sales by 2035 and reducing greenhouse gas emissions by at least 55% by 2030 are expected to drive interest in Beam Global's products [4] - The company is actively engaging with prospective customers and government officials across several European countries, including the UK, France, and Greece, to foster growth and diversify revenue streams [3][4]

SAN DIEGO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced today that it is expanding its sales network in Europe with the addition of three new business partners: Seltis Glass Design S.R.L. for the Romanian marketEvrosimovski Consulting Ltd. for the North Macedonian marketBBA International for the Albanian market “These distributor agreements with ...

SAN DIEGO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, has been granted another new patent by the United States Patent Office. The patent covers Beam Global's Phase Change Composite (PCC™) spacer product for Li-ion battery thermal management and is titled Phase Change Composite Apparatus for Battery Packs and Methods of Making. The U.S. Patent Office gra ...

Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure products and technologies, particularly in the electrification of transportation and energy security [2] - The company operates in the U.S. and Europe, developing, patenting, designing, engineering, and manufacturing advanced clean technology solutions [2] - Beam Global is headquartered in San Diego, CA, with additional facilities in Chicago, IL, and Serbia [2] Event Participation - Desmond Wheatley, the CEO of Beam Global, will participate in the Sequire Investor Summit in San Juan, Puerto Rico, on January 22, 2025 [1] - The presentation will take place at the Condado Vanderbilt Hotel from 15:00 PM to 15:30 PM AST [1] - Mr. Wheatley will lead a group presentation and will be available for one-on-one meetings with registered attendees [1]

Core Insights - The Biden administration is intensifying efforts to establish a clean energy legacy, announcing $635 million in grants for electric vehicle (EV) chargers, leaving only $700,000 of the $2.5 billion allocated under the 2021 Bipartisan Infrastructure Law [1][2] - The grants will support 49 projects across 27 states, aiming to deploy over 11,500 EV charging ports and alternative fuel infrastructure [2] - The long-term demand for EV charging stations is projected to remain strong, with the global EV charging market expected to grow from $22.45 billion in 2024 to $257.03 billion by 2032, reflecting a compound annual growth rate of 35.6% [6] Industry Overview - The U.S. currently has nearly 70,000 public EV charging stations and over 197,000 charging ports, with a target to build 500,000 publicly available EV chargers by 2030 [4] - The potential return of Donald Trump to office could disrupt current EV initiatives due to his unfavorable stance on EVs [5] Company Highlights - **Tesla (TSLA)**: Holds a significant position in the EV sector with over 60,000 Supercharger stations globally. The company is expected to see year-over-year growth of 17.4% in sales and 33% in EPS by 2025 [8][9] - **Blink Charging (BLNK)**: Manages over 90,000 chargers globally and has made strategic acquisitions to expand its footprint. The company is projected to achieve year-over-year growth of 28% in sales and 65% in EPS by 2025 [10][11] - **EVgo (EVGO)**: Operates over 1,000 fast-charging stations and has seen revenue growth from $22 million in 2021 to $161 million in 2023. The company is expected to grow sales by 44% and EPS by 7% by 2025 [12][13] - **Beam Global (BEEM)**: Focuses on sustainable products for EV charging and has launched innovative products to enhance its market position. The company is projected to achieve year-over-year growth of 33% in sales and 30.5% in EPS by 2025 [14][15]

SAN DIEGO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced today that its EV ARC™, BeamBike™, BeamWell™ and BeamPatrol™ products have fulfilled the requirements to receive the CE mark (Conformité Européenne), a mandatory symbol indicating that a product meets European Union (EU) health, safety and environmental protection requirements, allowing it ...

Core Insights - Beam Global, a leader in sustainable infrastructure solutions for electrification and energy security, announced participation in two upcoming investment conferences [1] - CEO Desmond Wheatley will engage in one-on-one meetings with investors at the Needham Growth Conference on January 14, 2025, in New York City [2] - Wheatley will also lead a group presentation and hold one-on-one meetings at the Sequire Investment Summit on January 22, 2025, in Puerto Rico [3] Company Overview - Beam Global specializes in clean technology, focusing on sustainable energy infrastructure, scalable EV charging solutions, and energy security [4] - The company operates in the U.S. and Europe, with headquarters in San Diego, CA, and additional facilities in Chicago, IL, and Serbia [4] - Beam Global is publicly traded on Nasdaq under the symbol BEEM [4]

Beam Global (NASDAQ:BEEM) Q3 2024 Results Conference Call November 15, 2024 4:30 PM ET Company Participants Lisa Potok - Chief Financial Officer Desmond Wheatley - Chairman, President, Chief Executive Officer Conference Call Participants Tate Sullivan - Maxim Group Noel Parks - Tuohy Brothers Operator Hello, and welcome to the Beam Global Third Quarter 2024 Operating Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] As a reminder, this conference is being recorde ...

Exhibit 99.1 Beam Global Announces Third Quarter 2024 Operating Results Conference Call Friday, November 15, 2024 at 4:30 p.m. ET SAN DIEGO, CA – November 14, 2024 – Beam Global, (Nasdaq: BEEM), (the "Company"), the leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its third quarter results for the period ended September 30, 2024. Q3 2024 Financial Highlights: · Gross Margin was 10.7% of sales, our highest Q ...