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Beam Global, San Diego, California: Beam Global

Company: Beam Global, San Diego, CA
Nomination Submitted by: Next PR
Company Description: Beam Global is a CleanTech leader that produces innovative, sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, risks and costs of grid-tied solutions. Products include the patented EV ARC™ and Solar Tree® lines with BeamTrak™ patented solar tracking, and ARC Technology™ energy storage.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Energy - Medium
2023 Stevie Winner Nomination Title: Beam Global
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2021, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
  3. If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):

    Total 182 words used.

    Beam Global is a clean technology leader dedicated to developing and deploying sustainable products and technologies for the electrification of transportation and energy resiliency. 

    Growing out of a sketch by CEO Desmond Wheatley 10 years ago, Beam Global’s EV ARC™ sustainable EV charging system is changing the national debate on how to build robust, secure, and 100% renewably powered infrastructure for an all-electric future. Each off-grid solar-powered EV ARC system generates and stores its own electricity and delivers it to up to 6 EV chargers at once so individuals, businesses and governments can Drive on Sunshine. These systems are rapidly deployed turnkey charging solutions that require no construction, no electrical work and no utility connection. Immune to grid outages, the on-board battery storage enables drivers to charge during the night, inclement weather and climate related disasters. The Emergency Power Panel can also provide vital electricity to first responders during disasters and outages.  

    Deployed today in 34 states, the EV ARC is a national success, with systems deployed at Google, the City of New York, and the U.S. Marine Corps, among others.

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2021 that you wish to bring to the judges' attention (up to 250 words):

    Total 212 words used.

    Beam Global’s mission is to lead the world to clean mobility, and in 2021 and 2022, Beam has made massive strides in achieving this mission: 

     Beam Global announced four historic orders for their EV ARC systems from government entities in November of 2022, including The U.S. Department of Veteran Affairs (140 units), The Department of Homeland Security (32 units), New York City (71 units) and TechFlow Inc., a company supporting technology purchases in government sectors such as the U.S. Army (367 units).   

    •  Beam Global set a world record for the longest flight in a production electric aircraft powered only by off-grid renewable electricity. The 227 nautical mile flight across Central California proves that zero-emission aviation is here. 
    •  Beam Global expanded to yet another all-electric industry segment, partnering with Volvo to package EV ARC units with Volvo CE’s advanced electric construction equipment.  
    •  Beam achieved over 134% year-over-year growth in new orders and record backlog for its Made-in-America products. 
    •  Beam’s most transformative move was its acquisition of Chicago-based AllCell Technologies, a technical leader in high-performance energy storage solutions. Its patented PCC™ technology mitigates thermal runaway propagation, one of the most critical aspects of battery operation, which provides superior safety, higher energy and power density, a broader operating temperature, and longer life.  
  5. If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):

    Total 249 words used.

    America’s stated goal is for half of all cars sold in the U.S. to be all-electric by 2030, even sooner for states like California Additionally, the Bipartisan Infrastructure Law will be allocating $7.5 billion to deploy 500,000 EV chargers, which will require a rapidly deployable and scalable EV charging infrastructure solution. With Beam’s fastest deployment of EV charging, drivers are able to charge their vehicles much sooner than if they chose another solution.

    Beam’s EV ARC charging systems overcome the vulnerabilities of the U.S. electrical grid that are exposed by inclement weather events and foreign disruptions.  

    Beam Global stands apart from those in the EV charging industry in that it doesn't directly compete with big-name charging companies like ChargePoint or Blink, but rather, allows customers to pick the charger of their choice to be mounted on an EV ARC system.  

    The company’s newly integrated energy storage operations drive their objectives from a different angle. The acquisition improved Beam Global’s competitive advantage by lowering the COGS for EV ARC systems by 7%—significant when considering that batteries account for roughly 30% of the product’s bill of materials. This acquisition has also allowed Beam to break into a new industry. Beam now operates in virtually every transportation space—road vehicles, aviation, maritime, micromobility and others—with safer, more effective solutions that accelerate the transition to a greener transportation industry.  

    These achievements have led to explosive growth and a record backlog of $55.5M and 25% improved net profitability, despite inflation.

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

    Total 238 words used.

    Beam Global currently holds a backlog and pipeline for the EV ARC greater than any year in its history. It carries no debt and maintains a healthy balance sheet. Other successes include:

    Other relevant citations can be found here:

    • Read here for details on President Biden’s Bipartisan Infrastructure Law allocating $7.5B toward EV charging infrastructure build out
    • Read here for details on Governor Gavin Newsom’s EV goals for the state of California

     

Attachments/Videos/Links:
Beam Global
URL Details on Beam Global’s record setting, zero-emissions flight