GlobeNewswire Inc | Oct 28, 2021 08:30AM EDT

October 28, 2021

SAN DIEGO, Oct. 28, 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 that Beam Global has been added to the California Electric Vehicle Infrastructure Project (CALeVIP) EV charging program. Funded by theCalifornia Energy Commission(CEC) and implemented by theCenter for Sustainable Energy(CSE), CALeVIP provides incentives for EV charger infrastructure and works with local partners to develop and implement projects that meet current and future regional EV needs. The statewide efforts aim to provide a streamlined process to fill the significant gaps in charging availability.

The four Beam product offerings that have been added to the CALeVIP Eligible Equipment List are:

-- EV ARC 2020 with ChargePoint CT 4000 Seriessingle plug -- EV ARC 2020 with ChargePoint CT 4000 Seriesdual plug -- EV ARC 2020 with Enel x JuiceBox Prosingle plug -- EV ARC 2020 with Enel x JuiceBox Produal plug

EV ARC off-grid charging systems are unique and especially suited to the CALeVIP programs mission to streamline the process of expanding EV charging infrastructure. CALeVIP is a flagship program and serves as a model for other states in accelerating the national charging infrastructure buildout, said Desmond Wheatley, CEO of Beam Global. Inclusion of the EV ARC in the CALeVIP program is further validation of our products and technology. We commend the CEC and CSE for accommodating this invented-in-California innovation of off-grid renewable charging, demonstrating forward-thinking as California continues to lead in the electrification of transportation. These sorts of incentives and contracts we have in place with the federal government and states like California make it easy for our customers to take advantage of our products and get the EV charging they need without the risks, hassles and costs of construction and electrical projects.

EV ARC systems are rapidly deployed, requiring no electrical work, no construction and no utility bill. Each EV ARC fits in a standard parking space and is equipped with the factory installed EV charging station(s) of the customers choice, arriving at their site ready to charge vehicles. Off-grid and solar-powered, each EV ARC system generates and stores its own clean electricity and delivers that electricity to power EVs, day or night, and during inclement weather and power outages. The system can include an optional Emergency Power Panel for first responder use during blackouts or in locations where there is no utility connection available.

CALeVIP and its regional incentive projects are made possible through a grant by the California Energy CommissionsClean Transportation Programthat supports innovations in transportation and fuel technologies. CALeVIP is currently funded for $149 million through Energy Commission funds. Co-Funding Partner contributions currently total $36,257,515. The CALeVIP program, implemented by theCenter for Sustainable Energy, addresses regional needs for electric vehicle (EV) charging infrastructure throughout California, while supporting state goals to improve air quality, combat climate change and reduce petroleum use. For more program information visit https://calevip.org/.

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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