GlobeNewswire Inc | Aug 26, 2021 08:00AM EDT

August 26, 2021

SAN DIEGO, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced today the issuance of another patent by the Chinese Patent Office that covers the Companys compact transportation-configurable EV ARC products.

The Chinese Patent Certificate for Patent No. ZL201680066408.6 is for the Companys EV ARC product development, enabling configuration in a compact condition for shipping in a 20-foot shipping container (TEU) or on a flatbed, rail car, or the Companys ARC Mobility proprietary transportation system.

We already have various patents covering our rapidly deployed EV ARC systems in the US, China and the EU, said Desmond Wheatley, Beam Globals CEO. Our ability to transform EV ARC into a compact shippable form-factor that can be easily shipped anywhere in the world in a container, is a significant differentiating advantage for us. Im not aware of any other company that can deliver a rapidly deployed EV charging infrastructure product that requires no site work at its destination and no connection to the grid. Protecting this and all our other valuable IP in China and Europe is important particularly as we continue to consider international expansion opportunities.

Total 2020 EV sales in China were1.3 million, an increase of 8% compared to 2019, and 41% of all EVs sold worldwide. Though Europe sold more than China for the first time since 2015, China is still the world's biggest national market for EVs.

About Beam Global

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, along with EV charging, outdoor media and disaster preparedness packages.

The company develops, patents, designs, engineers and manufactures unique and advanced renewably energized products that save customers time and money, help the environment, empower communities and keep people moving. Based in San Diego, the company produces Made in America products. Beam Global is listed on Nasdaq under the symbols BEEM and BEEMW (formerly Envision Solar, EVSI, EVSIW). For more information visit BeamForAll.com, LinkedIn, YouTube and Twitter

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