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Beam Global Powers New Massachusetts CommunityEV Carshare Pilot with Off-Grid Charging Infrastructure

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Beam Global (Nasdaq: BEEM) announced deployment of its EV ARC™ off-grid, solar-powered EV charging systems for the new CommunityEV Carshare pilot led by the Metropolitan Area Planning Council (MAPC) in Massachusetts. Four locations across Greater Boston now host EV ARC™ units supporting Zipcar electric vehicles.

The systems are rented by MAPC, creating a recurring revenue stream for Beam Global and enabling zero-unit cost renewable electricity without construction, trenching, electrical work or grid connections. Each EV ARC™ can provide up to 265 e-miles of charging per day, power two vehicles simultaneously, and support multiple Zipcar sessions without increasing local grid demand, according to Beam Global.

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Positive

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Negative

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Market Context

The stock is up +5.2% following this news. SMXT rose 8.96% in the current peer context, providing a ...
Analysis

The stock is up +5.2% following this news. SMXT rose 8.96% in the current peer context, providing a contemporaneous clean-energy comparison. A strong positive reaction would have framed Beam’s Massachusetts pilot as evidence of commercial deployment and recurring revenue, while moderate short positioning remained a volatility risk.

Key Figures

Pilot locations: 4 locations Daily energy generation: Up to 265 e-miles Simultaneous charging: 2 vehicles +4 more
7 metrics
Pilot locations 4 locations Greater Boston CommunityEV Carshare pilot
Daily energy generation Up to 265 e-miles Per EV ARC system per day
Simultaneous charging 2 vehicles Per EV ARC system
Vehicle parked time Approximately 95% Household vehicles, according to the U.S. Department of Transportation
Median trip distance 25.5 miles Zipcar Boston EV fleet data
Net-zero target 2050 Massachusetts greenhouse gas emissions goal
Transportation emissions 38% Share of Massachusetts emissions

Historical Context

5 past events · Latest: Jul 28 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 28 Follow-on order Positive -0.9% Dallas ordered ten additional EV ARC systems for fleet electrification.
Jul 21 Battery orders Positive +5.9% Specialized battery orders exceeded $0.5 million during one week.
Jul 14 Q2 revenue update Positive -5.4% Preliminary Q2 revenue exceeded $8.5 million with strong sequential growth.
Jun 25 Manufacturing relocation Positive -4.0% Operations moved to a larger Yuma campus with projected cost savings.
Jun 16 European patent Positive +11.9% European patent protection was granted for smart battery technology.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Positive announcements showed mixed price alignment, with two aligned gains and three divergent declines.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SAN DIEGO, July 30, 2026 (GLOBE NEWSWIRE) -- Beam Global (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy storage and security, and smart city infrastructure, today announced that its EV ARC™ off-grid solar-powered electric vehicle (EV) charging systems have been deployed as part of the new CommunityEV Carshare pilot launched by the Metropolitan Area Planning Council (MAPC) in Massachusetts.

The pilot combines Beam Global's rapidly deployable off-grid, battery-enhanced charging infrastructure products with EVs from Zipcar to expand access to affordable, clean transportation in communities that have traditionally lacked carsharing services. Four locations across Greater Boston are now equipped with Beam EV ARC™ systems, allowing electric vehicles to be charged with zero-unit cost for the electricity using renewable energy, without requiring construction, trenching, electrical work or utility connections. The EV ARC™ systems are rented by MAPC, creating a new recurring revenue stream for Beam Global and providing an excellent entry point for carsharing businesses to reduce capital requirements for infrastructure whilst delivering zero utility cost electricity to their customer community.

“Beam Global is excited to bring our innovative and reliable off-grid charging infrastructure products to this partnership and see them deliver benefits to more people across Greater Boston,” said Beam Global President & CEO Desmond Wheatley. “With no construction and no connection to the grid, our rapidly deployed off-grid infrastructure solutions generate reliable electricity but they don’t generate a utility bill so that people in these communities can access clean transportation options without delays and in the most cost-efficient manner.”

“CommunityEV Carshare is a transformative approach to solving two of the most important issues facing MAPC’s region, transportation and climate change, by applying new transportation technology to increase equitable mobility and utilizing renewable energy infrastructure to reduce greenhouse gas emissions,” said MAPC Executive Director Lizzi Weyant. “We are excited that this program will pilot EV charging without lengthy and expensive construction, as well as promote EV carsharing to underserved communities.”

These EV ARC™ deployments demonstrate how Beam Global can accelerate EV adoption by providing sustainable charging infrastructure where traditional grid-connected chargers are impractical. Each EV ARC™ generates and stores renewable energy on-site, enabling up to 265 e-miles with zero-unit cost electricity in a day, charging two vehicles simultaneously, and supporting multiple Zipcar charging sessions daily without increasing demand on the local electric grid.

According to the U.S. Department of Transportation, household vehicles are parked approximately 95% of the time, while Zipcar’s Boston EV fleet data shows a median trip distance of just 25.5 miles. Together, these figures highlight the importance of rapidly deployable, clean renewable charging infrastructure, providing ample opportunity to recharge vehicles between relatively short trips. Beam Global is proud to support Massachusetts’ goal of achieving net-zero greenhouse gas emissions by 2050, with transportation accounting for 38% of the Commonwealth’s emissions.

For more information about Beam Global's sustainable EV charging solutions, visit www.BeamForAll.com or contact BeamTeam@BeamForAll.com.

About Beam Global
Beam Global is a sustainable technology innovator which develops and manufactures infrastructure products and technologies. We operate at the nexus of innovative and reliable energy, transportation and smart cities solutions with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage, energy security and intelligent Infrastructure. With operations in the U.S., Europe and the Middle East, Beam Global develops, patents, designs, engineers and manufactures unique and advanced innovative 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 Yuma, AZ; 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.comLinkedInYouTube, 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.

Investor Relations
Luke Higgins
+1 858-261-7646
IR@BeamForAll.com

Media Contact
Lisa Potok
+1 858-327-9123
Press@BeamForAll.com


FAQ

What did Beam Global (NASDAQ: BEEM) announce on July 30, 2026 about the CommunityEV Carshare pilot?

Beam Global announced that its EV ARC™ off-grid solar EV charging systems are powering the new CommunityEV Carshare pilot in Massachusetts. According to Beam Global, four Greater Boston locations now host EV ARC™ units supporting Zipcar EVs with renewable, zero-unit cost electricity.

How many EV ARC charging systems is Beam Global providing for the Massachusetts CommunityEV Carshare program?

Beam Global’s EV ARC™ systems have been deployed at four locations across Greater Boston for the CommunityEV Carshare pilot. According to Beam Global, these off-grid units supply renewable power for Zipcar EVs without requiring construction, trenching, electrical work or utility grid connections.

How does Beam Global’s EV ARC technology benefit Zipcar’s Boston EV fleet and BEEM shareholders?

Beam Global’s EV ARC™ units provide off-grid, solar-powered charging for Zipcar EVs, enabling zero-unit cost electricity and multiple daily sessions. According to Beam Global, MAPC rents the systems, creating a recurring revenue stream that may support longer-term growth for BEEM’s infrastructure-as-a-service model.

What charging capacity do Beam Global EV ARC units provide in the Greater Boston deployment?

Each EV ARC™ unit can generate and store enough renewable energy to deliver up to 265 e-miles per day. According to Beam Global, every system can charge two vehicles simultaneously and support multiple Zipcar sessions without increasing demand on the local electrical grid.

How do Beam Global EV ARC chargers support Massachusetts climate and net-zero goals by 2050?

Beam Global’s EV ARC™ systems supply solar-powered EV charging without grid connections, helping reduce transportation-related emissions. According to Beam Global, the deployments support Massachusetts’ net-zero greenhouse gas target for 2050, with transportation currently responsible for 38% of statewide emissions.

Why is off-grid EV charging important for underserved communities in the Beam Global and MAPC pilot?

Off-grid EV ARC™ charging avoids lengthy, expensive construction and utility upgrades, enabling faster deployment in underserved areas. According to Beam Global, this approach expands access to affordable, clean Zipcar transportation while delivering electricity with zero unit cost to local communities.