State Climate Action Plans highlights that 29 states have released a climate action plan and 4 are in the process of revising or developing one. The Center for Climate and Energy Solutions (C2ES) August 2022 update on U.S. Another $2.5 billion for EV charging infrastructure (part of the Inflation Reduction Act) is expected to be rolled out in the future. The Biden administration announced in September 2022 that federal officials had given the green light to plans submitted by every state, the District of Columbia and Puerto Rico, giving those governments access to $5 billion to deploy plug-in charging systems for America’s growing adoption of electric vehicles. We believe this is just the beginning of a decades-long growth trend that will continue to drive the adoption of Beam Global products.” State funds and the $7 billion federal funding for EV charging infrastructure in the Inflation Reduction Act, along with an increased urgency to deploy EV charging ahead of government EV deliveries, have changed the cadence of orders for our products. “New Jersey and 33 other states have purchased Beam Global products. “State agencies across the US are stepping up their spending on EV charging infrastructure,” said Beam Global CEO Desmond Wheatley. Each NJDOT EV ARC™ system can charge two EVs simultaneously and includes an emergency power panel that can provide vital electricity for first responders in the event of natural disaster or grid outages. Arlington locations and are available for workplace charging. The New Jersey Department of Transportation EV ARC™ systems have been deployed at the Trenton headquarters, Cherry Hill and Mt. EV ARC™ systems are disaster preparedness assets which provide vital EV charging during blackouts and/or in locations where there is no access to the utility grid. The systems are off-grid, generate and store their own electricity, and are deployed with no electrical work, no construction, and no utility bill-saving state budgets through avoided construction costs, electrical upgrades, operational disruptions and ongoing utility bills. Each NJDEP EV ARC™ system will have 4 Enel X JuiceBox ® Pro EV chargers charging up to 4 vehicles simultaneously. The 100% solar-powered EV charging systems will be available for public use and workplace charging. The New Jersey Department of Environmental Protection is focused on protecting the state’s environment and public health. Some of the systems were purchased using the General Services Administration (GSA) Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing advantages which can be extended to many state and local government agencies when used for disaster recovery or preparedness purposes. The New Jersey Department of Transportation (NJDOT) and the New Jersey Department of Environmental Protection (NJDEP) have ordered multiple systems for workplace and public charging. Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced that more agencies in the State of New Jersey have ordered EV ARC™ sustainable EV charging systems.
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