StockWatch
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Semiconductors
ExpansionAug 5, 2026, 06:03 AM

Beam Global deploys EV ARC™ systems in Serbia, validating recurring revenue

AI Summary

Beam Global announced the deployment of its EV ARC™ off-grid electric vehicle charging systems at Aqua Park Raj in Serbia. This strategic move, under a recurring revenue agreement, marks a significant milestone in the company's European expansion and validates its recurring revenue model for accelerated market adoption. The deployment provides 100% renewable, off-grid EV charging without grid connection or construction, enhancing guest experience and supporting Serbia's clean mobility goals.

Key Highlights

  • Deployed EV ARC™ off-grid EV charging systems at Aqua Park Raj in Serbia.
  • Systems installed under a recurring revenue agreement, validating the model.
  • Deployment marks a key milestone in Beam Global's European expansion strategy.
  • Provides 100% renewable, off-grid EV charging without grid connection or construction.
  • Enhances guest experience, increases dwell time, and unlocks sponsorship revenue.
  • Supports Serbia's commitments under the EU Green Agenda for clean transport.
  • European EV sales up 35% in 2026 over 2025, driving charging demand.