Beam Global Announces Record Orders for Energy Storage Solutions in Early 2025
06 Marzo 2025 - 12:00PM
UK Regulatory
Beam Global Announces Record Orders for Energy Storage Solutions in
Early 2025
SAN DIEGO, March 06, 2025 (GLOBE NEWSWIRE) -- Beam
Global, (Nasdaq: BEEM), a leading provider of innovative and
sustainable infrastructure solutions for the electrification of
transportation and energy security, today announced a
record-breaking increase in energy storage solutions (ESS) sales.
Contracted orders in the first two months of 2025 are nearly three
times the total for the entire first quarter of 2024, representing
a 200% increase in new ESS orders. This significant growth
highlights strong market demand for Beam’s advanced energy storage
technology.
Since the start of 2025, Beam Global’s ESS sales have seen
unprecedented growth, driven by increasing adoption across various
industries due to their bespoke designs, superior safety and smart
battery management system (BMS).
“Battery sales dollars are relatively modest compared to some of
our other products, but the significant order growth we’ve seen
already this year gives a strong indication of the value in our
strategy to diversify our offerings, particularly at a time when
there is so much perceived (and some real) uncertainty around EV
charging,” said Desmond Wheatley, CEO of Beam Global. “This
announcement, along with last week’s announcement of dramatic
growth in order volume in our European operations shows that we are
growing our business in ways which are not impacted by swings in EV
sentiment, whether due to the new administration or other factors.
We are focusing on expanding geographies and product offerings
while keeping our costs under control. The increased sales of
energy storage solutions and of our other products in Europe is an
excellent indicator our success in these areas.”
Beam AllCell™ energy storage solutions use patented PCC™
technology that enables more power in a smaller, lighter battery.
The advanced thermal management capabilities of PCC™ technology
also mitigate thermal runaway propagation, delivering superior
safety and the ability to operate efficiently in hot and cold
environments.
About Beam Global
Beam 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 Statements
This 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
Andy Lovsted
+1-858-335-8465
Press@BeamForAll.com
Investor Relations
Luke Higgins
+1-858-799-4583
IR@BeamForAll.com
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