Core Insights - Beam Global has reported a 23% quarter-over-quarter increase in orders for its EV ARC™ off-grid solar-powered charging units, indicating a growing demand for clean infrastructure solutions despite a reduction in federal demand [2][4] - The company is shifting its focus towards commercial customers while still receiving orders from federal entities, reflecting a strategic adaptation to market conditions [4] Company Overview - Beam Global is a clean technology innovator that develops sustainable infrastructure products and technologies, focusing on the intersection of clean energy and transportation [6][7] - The company operates in the U.S. and Europe, with headquarters in San Diego, CA, and additional facilities in Broadview, IL, and Serbia [7] Market Demand - The increase in orders aligns with the growth of electric vehicle sales in the U.S., which have risen by 29% globally and 16% in North America in 2025 [4] - Recent orders have come from a diverse range of clients, including municipal and county governments, state and federal agencies, environmental organizations, and private sector companies in construction, clean energy, and technology [3]
Beam Global Reports 23% Increase in Q1 2025 Orders for its EV ARC™ Off-Grid Solar-Powered Charging Units Over Previous Quarter