Beam World receives multi-unit reorder from town of San Diego By Investing.com

By Michael Elkins

Beam World (NASDAQ:), a number one EV expertise group, introduced Tuesday that town of San Diego has positioned an extra order for a number of Beam EV ARC sustainable charging programs and an ARC Mobility trailer for environment friendly system transport.

The solar-powered EV ARC charging system is a quickly deployed, no development system that operates off-grid. The system generates and shops its personal clear electrical energy and consists of 5 Enel X Approach JuiceBox Professional EV chargers to cost 5 autos concurrently.

“After a yr of completely testing EV ARC programs, the Metropolis of San Diego has given the thumbs up for additional orders, becoming a member of many different municipalities who’re growing their fleets of Beam World merchandise just like the current $5.3M reorder from New York Metropolis. EV ARC programs are quickly deployed with out digging up metropolis streets and parking areas, with out costly upgrades to metropolis electrical circuitry, and with out concern for prime utility prices, saving taxpayers’ cash,” stated Beam World CEO Desmond Wheatley. “Resiliency within the face of accelerating grid outages makes our EV charging merchandise a vital part of any fleet operator’s EV charging plan. Transportability can also be crucial to native and state authorities entities as many authorities buildings are leased and EV charging patterns are nonetheless evolving. EV ARC tools might be moved to new areas, for metropolis occasions or as a supply of off grid energy throughout grid outages and emergencies.”

Shares of BEEM are down 3.15% in mid-day buying and selling on Tuesday.