tiprankstipranks
Beam Global receives order from City of Los Angeles for EV charging systems
The Fly

Beam Global receives order from City of Los Angeles for EV charging systems

Beam Global announced that the City of Los Angeles StreetsLA Division placed another order for solar-powered EV ARC charging systems, their largest order thus far. The off-grid systems will be deployed across several metro and valley locations and used to fuel the City’s growing fleet of electric vehicles. The StreetsLA EV ARC charging systems each fit in a standard parking space and are equipped with two Enel X EV charging stations. Because they are off-grid, systems are deployed with no electrical work, no construction and no utility bill. The charging systems are transportable and can be relocated as charging patterns emerge and change. The City of Los Angeles’ Electric Vehicle Master Plan aims to have 123,000 EV chargers by 2030. The State of California expects 12.5 million EVs on California’s roads in 2035 and that 1.2 million public and shared chargers will be needed by 2030. To help achieve this goal, the California Energy Commission (CEC) approved a $2.9B investment plan to accelerate California’s EV charging goals.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on BEEM:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles