Beam Global Achieves Build America, Buy America (BABA) Act Compliance for EV ARC™ Off-Grid Charging Infrastructure Product Lines
05 12월 2024 - 8:00PM
Beam Global, (Nasdaq: BEEM), a leading provider of innovative and
sustainable infrastructure solutions for the electrification of
transportation and energy security, today announced that its EV
ARC™ off-grid charging infrastructure platform has achieved Build
America, Buy America (BABA) Act compliance under the manufactured
products designation. BABA compliance ensures that the EV ARC™
platform, along with the BeamBike™ and BeamPatrol™ product lines,
are manufactured in the United States using sufficient materials
sourced from the U.S., meeting federal domestic production
requirements.
The BABA-compliant designation strengthens Beam Global’s
position as a trusted partner for federal, state, and local
government agencies, enabling the company to continue expanding its
robust product portfolio offerings to its government customers
which include the U.S. Army, U.S. Marine Corps, Food and Drug
Administration, Missile Defense Agency, National Park Service, the
Department of Homeland Security and many other key agencies.
"Achieving Build America, Buy America compliance is a
significant milestone for Beam Global and a testament to our
commitment to American manufacturing and innovation," said Desmond
Wheatley, CEO of Beam Global. "This distinction strengthens our
ability to serve federal, state and local government agencies with
sustainable and resilient infrastructure solutions, ensuring that
our EV ARC systems continue to lead the way in off-grid clean and
secure energy for both military and civilian applications."
The patented EV ARC™ platform is an off-grid, solar-powered
energy security and charging solution designed for rapid deployment
without construction, electrical work or utility connections.
Widely deployed across the U.S., it supports both military and
commercial applications, with thousands of chargers in operation.
Each EV ARC™ charging system generates and stores clean energy
independently, to power the electrification of transportation,
exemplifying Beam Global’s mission to advance sustainability and
energy independence. The Company recently reported that its EV ARC™
products continued to function in eight feet of storm surge
throughout Hurricane Helene for the federal government in
Florida.
The Build America, Buy America (BABA) Act is a provision of the
Infrastructure Investment and Jobs Act (IIJA) with the primary goal
to bolster domestic manufacturing and ensure that federally funded
infrastructure projects use materials and products made in the
United States. Beam Global has been manufacturing products in the
U.S. since 2010.
To learn more about Beam Global’s sustainable charging solutions
visit beamforall.com.
About Beam GlobalBeam Global is a clean
technology innovator which develops and manufactures sustainable
infrastructure products and technologies. We operate at the nexus
of clean energy and transportation with a focus on sustainable
energy infrastructure, rapidly deployed and scalable EV charging
solutions, safe energy storage and vital energy security. With
operations in the U.S. and Europe, Beam Global develops, patents,
designs, engineers and manufactures unique and advanced clean
technology solutions that power transportation, provide secure
sources of electricity, save time and money and protect the
environment. Beam Global is headquartered in San Diego, CA with
facilities in Chicago, IL and Belgrade and Kraljevo, Serbia. Beam
Global is listed on Nasdaq under the symbol BEEM. For more
information visit BeamForAll.com, LinkedIn, YouTube and X (formerly
Twitter).
Forward Looking StatementsThis Beam Global
Press Release may contain forward-looking statements. All
statements in this Press Release other than statements of
historical facts are forward-looking statements. Forward-looking
statements are generally accompanied by terms or phrases such as
“estimate,” “project,” “predict,” “believe,” “expect,”
“anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,”
“should,” “may,” or other words and similar expressions that convey
the uncertainty of future events or results. These statements
relate to future events or future results of operations. These
statements are only predictions and involve known and unknown
risks, uncertainties and other factors, which may cause Beam
Global's actual results to be materially different from these
forward-looking statements. Except to the extent required by law,
Beam Global expressly disclaims any obligation to update any
forward-looking statements.
Media Contact:Skyya PR+1 651-335-0585press@beamforall.com
Investor Relations:Core IR+1 516-222-2560IR@beamforall.com
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