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Stock impact report

Beam Global Achieves Build America, Buy America (BABA) Act Compliance for EV ARC™ Off-Grid Charging Infrastructure Product Lines

Beam Global (BEEM) 
Company Research Source: GlobeNewswire
SAN DIEGO, Dec. 05, 2024 (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 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 Show less Read more
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