Beam Global and HEVO Inc. Launch Market-Ready Autonomous Charging Platform for Autonomous Vehicles
Rhea-AI Summary
Beam Global (Nasdaq: BEEM) and HEVO launched a market-ready integrated autonomous wireless charging platform combining HEVO’s Rezonant™ wireless hardware and Journey™ software with Beam’s off-grid, rapidly deployed EV ARC™ solar-plus-storage chargers. The turnkey system enables hands-free AV charging without trenching or grid interconnection and has active deployments and planned demonstrations in the U.S. and UAE. The UAE AV market is forecast at $2.7 billion by 2030 with a 19.2% CAGR from 2025–2030, supporting commercial interest in the platform.
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Market Reaction – BEEM
Following this news, BEEM has gained 7.69%, reflecting a notable positive market reaction. Our momentum scanner has triggered 12 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $1.54. This price movement has added approximately $2M to the company's valuation.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Key Figures
Market Reality Check
Peers on Argus
BEEM was down 3.38% while solar peers were mixed: SPRU -0.95%, TURB -7.04%, SMXT -7.63% versus PN +9.0% and VVPR
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 18 | Drone battery order | Positive | +7.0% | Material battery order for lifesaving drone operations using PCC™ technology. |
| Feb 12 | Smart city sales | Positive | -2.8% | Over $1M smart city infrastructure sales across four Eastern European countries. |
| Jan 29 | Battery patent grant | Positive | -3.4% | European patent granted for Smart PCC™ thermal management technology. |
| Jan 21 | Residential EV ARC sale | Positive | +9.3% | Largest residential deployment of ten EV ARC™ systems to New York project. |
| Jan 14 | Q4 revenue update | Positive | +5.7% | Preliminary Q4 2025 revenue up over 50% versus prior quarter with strong mix shift. |
Recent news skewed positive (orders, patents, growth), with three events leading to gains and two to selloffs, indicating occasionally inconsistent reactions even to constructive updates.
Over the past months, Beam Global reported several growth- and technology-focused milestones. On Jan 14, 2026, it flagged Q4 2025 revenue up over 50% quarter-on-quarter with a stronger commercial mix. Subsequent updates included the largest residential EV ARC™ sale on Jan 21, a European patent for Smart PCC™ on Jan 29, and over $1 million in smart city sales in Eastern Europe on Feb 12. A material drone battery order on Feb 18 expanded its unmanned systems presence. Today’s AV-focused wireless charging partnership fits this pattern of applying its infrastructure and storage technologies to new mobility segments and geographies.
Market Pulse Summary
The stock is up +7.7% following this news. A strong positive reaction aligns with Beam Global’s pattern of constructive news around deployments, patents and revenue growth. The AV-focused autonomous charging platform extends its EV ARC™ and wireless capabilities into another high-growth area, alongside a UAE AV market forecast at $2.7 billion with 19.2% CAGR. Investors would still need to weigh execution risks, past earnings volatility, and potential funding needs when considering how durable any large move might be.
Key Terms
wireless charging technical
solar-plus-storage technical
compound annual growth rate financial
AI-generated analysis. Not financial advice.
SAN DIEGO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure and HEVO Inc., a New York–based leading developer and provider of patented Rezonant™ wireless charging hardware and the Journey™ software platform, today announced the launch of their combined technology solution providing the first integrated autonomous wireless charging system powered by the EV ARC™ off grid, rapidly-deployed, solar-powered EV charging infrastructure product. The system is ideal for the rapidly growing autonomous vehicle (AV) sector and adaptable to a wide range of commercial electric vehicle (EV) fleet applications where charging vehicles without relying on humans to plug them in is beneficial. The solution is commercially viable today and generating strong interest from AV operators, government agencies and commercial fleet customers in the United States (U.S.), the United Arab Emirates (UAE) and other international markets.
The combination integrates HEVO’s patented Rezonant™ UL certified and SAE qualified wireless charging hardware and Journey™ software platform with Beam Global’s rapidly deployable, patented, off-grid EV ARC™ charging infrastructure product. There are thousands of Beam’s EV ARC™ systems deployed globally, providing grid independent, construction free charging infrastructure. Beam Global also holds a U.S. patent covering a wireless/inductive EV charging system powered by renewable energy. Together, the companies are offering a turnkey plug and play charging package that enables fully automated charging without trenching, utility interconnection or manual intervention. AVs currently rely on human beings to plug them in to chargers making even the most capable AVs reliant on human intervention for their operations. The Beam Global/HEVO solution makes AVs fully autonomous and powered entirely by reliable, scalable and free renewable energy.
Beam Global and HEVO are advancing commercial rollouts with select international customers and will also conduct a series of joint demonstrations in the coming months to showcase the integrated platform’s capabilities. The companies will jointly demonstrate autonomous EVs equipped with HEVO’s Rezonant™ wireless charging hardware operating on Beam Global’s off-grid charging systems at select sites in the U.S. and the UAE.
With President Donald Trump’s administration signaling support for accelerating AV deployment through streamlined federal permitting and reduced regulatory barriers to commercial rollout, the U.S. policy environment is expected to become increasingly favorable for AV innovation. At the same time, Abu Dhabi, where Beam Global recently opened Beam Middle East has announced its intention to lead the world in the roll-out of AVs. The UAE AV market is forecast to reach approximately
“Beam’s patented wireless charging coupled with HEVO’s market leading technology is a natural and essential combination for AVs,” said Desmond Wheatley, CEO of Beam Global. “We are delighted to be working with HEVO and are enthusiastic about bringing this solution to market. With current deployments in the Middle East and autonomous mobility a strong focus for us, this collaboration aligns directly with our global growth strategy and continued technology leadership in our fields. Together with HEVO, we are delivering a market-ready solution that removes the barriers of grid dependency, civil work and manual charging. We are already seeing strong interest from customers around the world, and our upcoming demonstrations will highlight how this integrated platform accelerates commercial adoption.”
“Autonomous fleets are not autonomous if charging is not automated, resilient and immediately deployable,” said Jeremy McCool, Founder and CEO of HEVO. “Our patented Rezonant™ wireless charging hardware and Journey™ software platform, integrated with Beam Global’s EV ARC™ systems, deliver exactly that. This market-ready solution is already resonating with customers globally. The deployments we are jointly executing show how wireless charging and off grid solar plus storage infrastructure unlock the full potential of autonomous mobility and support broader EV fleet electrification.”
The integrated Beam–HEVO solution is designed to support real world autonomous fleet operations today while also meeting the needs of broader EV fleet customers seeking resilient, construction free charging. Key capabilities include:
- Rapidly deployed, autonomous, wireless, hands-free charging for electric and autonomous vehicles
- Rapidly deployed, autonomous solar-plus-storage charging infrastructure requiring no construction or grid connection
- Automated charging workflows that eliminate human intervention
- Compatibility with any AV or EV
- A scalable platform that supports AV fleets, municipal fleets, logistics fleets and campus mobility systems
- Significant infrastructure and operating cost reductions through the avoidance of construction, electrical, utility and human resource costs
- 24 hours up time and dark operations immune to human scheduling restraints
Beam Global and HEVO have launched a coordinated global marketing effort promoting the integrated platform to AV developers, commercial fleet operators, government agencies and strategic partners. Early engagement has produced significant inbound interest and real-world deployments are in process, especially from organizations deploying or evaluating autonomous fleets for logistics, policing, campus mobility and smart city applications.
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, energy security and smart city Infrastructure. With operations in the U.S., Europe and the Middle East, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, enable Smart City services, save time and money, and protect the environment. Beam Global is headquartered in San Diego, CA with facilities in Broadview, IL, Belgrade and Kraljevo, Serbia and Abu Dhabi, UAE. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit, BeamForAll.com, LinkedIn, YouTube, Instagram and X.
About HEVO Inc.
HEVO is a New York-based leading developer and supplier of patented Rezonant™ wireless charging hardware and the Journey™ software platform for electric and autonomous vehicles. HEVO’s UL certified and SAE qualified systems enable automated depot operations, resilient fleet charging and next generation mobility platforms. Learn more at HEVO.com, LinkedIn, YouTube, Instagram and X.
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.
Beam Global Investor Relations
Luke Higgins
+1 858-261-7646
IR@BeamForAll.com
Beam Global Media Contact
Lisa Potok
+1 858-327-9123
Press@BeamForAll.com
HEVO Press and Commercial Inquiries
hello@hevo.com
HEVO Investment Inquiries
invest@hevo.com
FAQ
What did BEEM and HEVO announce on February 24, 2026 about autonomous vehicle charging?
How does the BEEM and HEVO solution enable fully autonomous electric vehicle operations?
Where are BEEM and HEVO conducting deployments and demonstrations for the integrated charging platform?
What are the infrastructure benefits of the BEEM (BEEM) and HEVO integrated charging system for fleet operators?
What market opportunity did Beam Global cite for autonomous vehicle charging in the UAE for BEEM shareholders?
