Beam Global Announces Continuing Orders For EV ARC Solar-Powered EV Charging Systems From Multiple California State Agencies
Portfolio Pulse from Benzinga Newsdesk
Beam Global has announced ongoing orders for its EV ARC solar-powered EV charging systems from various California state agencies. This indicates a sustained demand for Beam's products within the state sector, potentially signaling growth in the company's public sector sales.
November 29, 2023 | 11:01 am
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Beam Global's announcement of continued orders from California state agencies for its EV ARC solar-powered EV charging systems suggests a positive outlook for the company's revenue growth and market penetration in the public sector.
The news of ongoing orders from multiple state agencies in California is a strong indicator of Beam Global's product acceptance and demand in the public sector. This could lead to increased revenues and potentially a positive impact on the company's stock price in the short term, as investors may view the news as a sign of growth and stability in Beam Global's business.
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