Beam Global announced orders from the California Department of General Services, or DGS, for several of the top State Agencies, adding to Beam’s footprint in its leading market in the United States. The EV ARC systems were purchased using the DGS contract #1-22-61-16 which simplifies the state procurement process and ensures the best negotiated pricing. The solar-powered EV ARC EV charging infrastructure products are off-grid, generate and store their own electricity, and are deployed with no electrical work, no construction, and no utility bill, reducing California’s costs through avoided construction, electrical upgrades, operational disruptions, and ongoing utility bills.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BEEM:
- Beam Global Announces Continuing Orders for EV ARC Solar-Powered EV Charging Systems from Multiple California State Agencies
- Beam Global Granted European Patent for Curbside Electric Vehicle Charging Infrastructure Products
- Beam Global granted patent for curbside EV charging products
- Beam Global price target lowered to $9 from $13 at Roth MKM
- Beam Global price target lowered to $18 from $25 at Northland