Beam Global To Enter Ethiopian Market: Appoints Agent Partner for Africa’s First Off-Grid Renewably Energized EV Charging and Energy Resiliency Infrastructure
Beam Global (BEEM)
Company Research
Source: GlobeNewswire
SAN DIEGO, Oct. 10, 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 Beam Global and the company’s products will be introduced in Ethiopia as a first move to support the African continent and serve the esteemed Ethiopian government in its progressive efforts to electrify transportation and build a more sustainable and adaptable energy infrastructure. The Government of Ethiopia (GOE) recently became the first country to ban and prohibit import of both new and used internal combustion engine vehicles, including gas and diesel, as part of its shift to a green economy. According to the GOE, the number of EVs in the country will more than quadruple by 2032. The adoption of EVs in Ethiopia is rapidly growing and outpacing set goals, and earlier this year the country met its 10-year target goal of 148,000 EVs on the road in just two
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BEEM
News
- Things Look Grim For Beam Global (NASDAQ:BEEM) After Today's Downgrade [Yahoo! Finance]Yahoo! Finance
- Beam Global (NASDAQ: BEEM) had its price target lowered by analysts at HC Wainwright from $30.00 to $8.00. They now have a "buy" rating on the stock.MarketBeat
- Beam Global (NASDAQ: BEEM) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Beam Global Announces Third Quarter 2024 Operating Results [Yahoo! Finance]Yahoo! Finance
- Beam Global Announces Third Quarter 2024 Operating ResultsGlobeNewswire
BEEM
Earnings
- 11/14/24 - Beat
BEEM
Sec Filings
- 11/15/24 - Form 8-K
- 11/14/24 - Form 10-Q
- 10/28/24 - Form SC
- BEEM's page on the SEC website