Beam (US:BEEM) Globenewswire·2026-01-21 13:38Core Insights - Beam Global announced the sale of ten EV ARC™ off-grid electric vehicle charging systems at a new residential development in New York, marking its largest sale of such systems into a residential setting to date [1][2] Group 1: Sales and Market Demand - The sale reflects strong customer diversification achieved during 2025, with increasing demand from commercial customers beyond the federal government [1] - The EV ARC™ systems provide on-site EV charging without the need for construction, trenching, electrical upgrades, or utility coordination, addressing challenges in deploying conventional EV charging in dense urban environments [2][4] - The systems generate and store their own renewable electricity, allowing for rapid deployment and minimal disruption to existing site designs [2][3] Group 2: Strategic Growth Opportunities - Historically, Beam Global's customer base has been primarily federal, state, and municipal agencies, but there is now growing interest from residential and commercial developers [4] - The U.S. market presents significant growth opportunities, particularly in the tens of millions of apartments and condominiums that have not been aggressively targeted by Beam Global [4] - Research indicates that national property values could increase by approximately $77.3 billion if all vehicles in the U.S. were electric, highlighting the economic benefits of EV adoption in residential settings [4]