Core Insights - Beam Global has received the CE mark for its EV ARC™, BeamBike™, BeamWell™, and BeamPatrol™ products, allowing them to be sold freely within the European Economic Area (EEA) [1][2][3] - The CE mark signifies compliance with EU health, safety, and environmental protection requirements, enhancing the manufacturer's reputation and consumer trust [2][3] - The CEO of Beam Global emphasized that the CE mark will streamline the selling process and broaden market appeal, particularly in Europe, which is the largest automotive market with over 400 million vehicles [3] Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure products and technologies, operating in the nexus of clean energy and transportation [4] - The company develops and manufactures scalable EV charging solutions, safe energy storage, and energy security products, with operations in the U.S. and Europe [4] - Beam Global is headquartered in San Diego, CA, with additional facilities in Chicago, IL, and Serbia, and is listed on Nasdaq under the symbol BEEM [4] Market Context - The EU has mandated that all new cars and vans sold in Europe must be zero-emission by 2035, with a target to reduce net greenhouse gas emissions by at least 55% by 2030 [3] - Beam Global expanded its operations into Europe in Q4 of 2023, positioning its renewably-energized product portfolio as ideal solutions for Europe's electrification mandates [3]
Beam Global Announces EV ARC™ System Meets CE Mark Compliance