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Stock impact report

City of Richmond in California Selects Beam Global EV ARC™ Product to Power Car Share Program in Underserved Community [Yahoo! Finance]

Beam Global (BEEM) 
Company Research Source: Yahoo! Finance
SAN DIEGO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced that the City of Richmond in California has selected EV ARC™ sustainable electric vehicle (EV) charging to power their car share program, which offers flexible transportation benefitting underserved communities. EV ARC™ systems are purchased through the California Department of General Services (DGS) Contract #1-22-61-16 , which serves to simplify the government procurement process and make select solutions available statewide at the best negotiated pricing. Because EV ARC™ systems generate and store their own clean electricity, there is no utility bill to pay, making them an ideal solution for car share programs especially in underserved communities. Ease of deployment, the lack of requirements for grid connectivity and the ability to move EV ARC™ systems Show less Read more
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