EV Charging Network Growth Lacking, Study Shows [Forbes]
Beam Global (BEEM)
Company Research
Source: Forbes
getty The good news for drivers of battery electric vehicles is the number of charging stations in the U.S. has increased 32% since last year, but that's tempered with the fact that most states do not have the optimal ratio of chargers to EVs, according to an EV Index released Monday by HERE Technologies, a location data and technology platform, and SBD Automotive, a global automotive research firm. “We see that the U.S. is spending billions of dollars on public funding for charging stations, yet we're not seeing the proper ratio, if you will, of chargers to EVs,” said Robert Fisher, domain principal at SBD Automotive, in an interview. “Part of that's due to the sort of slow process of government funding. It takes a long time to actually trickle down to the charge points being installed.” Some of what the researchers term “reversals” from last year can be blamed on the type of chargers that have been installed, according to Ronak Amin, global product marketing manager at HERE T
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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