Mission Statement, Vision, & Core Values of Beam Global (BEEM)

Are you curious about what drives Beam Global (BEEM) towards its goals? Understanding a company's mission, vision, and core values provides valuable insights into its purpose and how it operates. In 2024, Beam Global reported revenues of $49.3 million, and with a clear mission to revolutionize energy consumption, what strategies does the company employ to achieve sustainable growth and navigate the evolving market?

Dive in to explore Beam Global's guiding principles and discover how these elements shape its strategic decisions and contribute to its position in the sustainable technology sector. How do these values translate into real-world impact, and what role do they play in shaping future technologies?

Beam Global (BEEM) An Overview of

Beam Global, now known as Allego N.V. (ALLG) following its acquisition in March 2024, has a history rooted in sustainable technology solutions. Formerly trading under the ticker symbol BEEM, the company was focused on designing, developing, manufacturing, and selling proprietary products and services that enable the sustainable electrification of transportation. Its main offerings included:

• EV ARC™: An off-grid electric vehicle charging system powered by solar energy.
• EV Standard™: A grid-tied electric vehicle charging system.
• Energy Storage: Solutions for storing and managing energy generated from renewable sources.

As of its last financial reports before the acquisition, Beam Global reported significant revenue growth driven by increased demand for its EV ARC™ charging systems. For instance, in 2023, Beam Global reported record revenues, reflecting the growing adoption of sustainable charging infrastructure. Details on current sales figures post-acquisition by Allego N.V. would be reflected in Allego's financial reports.

In its final independent financial reports, Beam Global highlighted record-breaking revenue, particularly driven by sales of its flagship EV ARC™ product. The company also emphasized its expansion into new markets and its continued innovation in energy storage solutions. However, with the acquisition by Allego N.V., the financial performance is now integrated into Allego's overall reporting structure.

Beam Global, before its acquisition, established itself as a notable company in the electric vehicle charging infrastructure sector. To understand the factors that contributed to Beam Global's success and its role in the industry, further details can be found at: Beam Global (BEEM): History, Ownership, Mission, How It Works & Makes Money

Beam Global (BEEM) Mission Statement

Beam Global's mission is to design, develop, manufacture and deploy on-site, renewably energized products and technologies that create sustainable, resilient, clean and secure infrastructure solutions for electric vehicle (EV) charging, energy storage, energy security and disaster preparedness.

Here's a breakdown of the core components of Beam Global's mission statement:

1. Design, Develop, Manufacture and Deploy: This highlights Beam Global's comprehensive approach, covering the entire lifecycle from initial concept to final implementation. This indicates that the company is involved in every stage of product creation and deployment.

2. On-site, Renewably Energized Products and Technologies: This emphasizes Beam Global's focus on sustainable energy solutions. By using on-site renewable energy sources, the company aims to reduce reliance on traditional energy grids and promote environmentally friendly practices. For instance, their flagship product, the EV ARC™ (Electric Vehicle Autonomous Renewable Charger), uses solar power to charge electric vehicles, eliminating the need for grid connections.

3. Sustainable, Resilient, Clean and Secure Infrastructure Solutions: This underscores the benefits of Beam Global's products, which are designed to be environmentally friendly (clean), able to withstand disruptions (resilient), and secure. The sustainability aspect aligns with global efforts to reduce carbon emissions and promote green energy alternatives. Beam Global emphasizes sustainability in its practices, as evidenced by its zero-emissions solutions and commitment to reducing its environmental footprint. In 2024, Beam Global reported a significant increase in demand for its sustainable infrastructure solutions, driven by growing awareness of environmental issues and government incentives for green technologies.

4. Electric Vehicle (EV) Charging, Energy Storage, Energy Security and Disaster Preparedness: This specifies the key areas where Beam Global's solutions are applied. With the increasing adoption of electric vehicles, the demand for EV charging infrastructure is rising, and Beam Global aims to meet this demand with its innovative charging solutions. The company's energy storage solutions enhance energy security by providing backup power during outages and ensuring a stable energy supply. Beam Global's products also play a crucial role in disaster preparedness by offering reliable power sources during emergencies. As of 2024, the global EV market is projected to reach $800 billion, highlighting the immense potential for Beam Global's EV charging infrastructure.

Here are some key highlights related to Beam Global and its mission:

• Beam Global's commitment to sustainability is reflected in its products, such as the EV ARC™, which uses solar power for EV charging.
• The company's solutions contribute to energy security by providing backup power and reducing reliance on traditional energy grids.
• Beam Global's focus on disaster preparedness ensures that its products can provide reliable power during emergencies.

In alignment with its mission, Beam Global has been actively involved in various initiatives and projects aimed at promoting sustainable infrastructure. For example, the company has partnered with municipalities and organizations to deploy EV ARC™ charging stations in public spaces, contributing to the growth of EV adoption and reducing carbon emissions. These efforts reflect Beam Global's dedication to creating a cleaner and more sustainable future.

To gain more insights into Beam Global's investors and their motivations, you can explore this resource: Exploring Beam Global (BEEM) Investor Profile: Who’s Buying and Why?

Beam Global (BEEM) Vision Statement of

To fully understand Beam Global, it's important to explore their guiding principles. These statements provide a clear picture of the company's goals, values, and how they see themselves in the future. You can also find additional information at: Beam Global (BEEM): History, Ownership, Mission, How It Works & Makes Money.

Beam Global's mission statement is to design, develop, manufacture and sell energy solutions for people, businesses and government. This statement reflects the company's commitment to providing sustainable energy solutions across various sectors. It emphasizes innovation, encompassing the entire process from design to sales, and targets a broad audience, including individuals, commercial enterprises, and governmental bodies.

Beam Global envisions a world changed by their infrastructure and products, where energy is generated and transmitted on-site, clean mobility is ubiquitous, and all are energized by clean, renewable sources.

This vision statement contains several key components:

• Infrastructure and Products: Beam Global aims to transform the world through its innovative infrastructure and products.
• On-site Energy Generation and Transmission: The company focuses on energy solutions that generate and transmit energy directly where it is needed.
• Clean Mobility: Beam Global envisions a future where clean transportation is widespread.
• Clean, Renewable Sources: The company is committed to using clean, renewable energy sources to power its solutions.

Beam Global's core values are not explicitly stated. However, based on their mission and vision, the following values can be inferred:

• Innovation: A dedication to creating new and effective energy solutions.
• Sustainability: A focus on environmentally friendly and renewable energy sources.
• Customer Focus: A commitment to serving the needs of individuals, businesses, and governments.
• Social Responsibility: A desire to contribute to a cleaner and more sustainable future.

Beam Global (BEEM) Core Values

While direct mentions of Beam Global's (BEEM) core values are not explicitly available in my search results as of April 2025, we can analyze their mission and actions to infer key values. Understanding a company's mission and how it operates provides insight into what principles guide its decisions. You can also learn more about the company's history and mission here: Beam Global (BEEM): History, Ownership, Mission, How It Works & Makes Money.

Based on available information, potential core values of Beam Global could include:

• Sustainability: Given their focus on electric vehicle charging infrastructure powered by renewable energy, sustainability is likely a core value. This involves reducing environmental impact and promoting clean energy solutions.
• Innovation: The development and deployment of new technologies for EV charging and energy storage suggests a commitment to innovation. This includes continuous improvement and the creation of cutting-edge solutions.
• Customer Focus: Providing reliable and user-friendly charging solutions indicates a focus on meeting customer needs. This involves understanding customer requirements and delivering high-quality products and services.

To gain deeper insight into Beam Global's core values, one could investigate their investor relations section, corporate social responsibility reports, and company publications for explicit statements. Additionally, analyzing their strategic initiatives and partnerships can reveal the values that drive their business decisions.