Mission Statement, Vision, & Core Values (2024) of Beam Global (BEEM)

Mission Statement, Vision, & Core Values (2024) of Beam Global (BEEM)

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An Overview of Beam Global (BEEM)

General Summary of Beam Global (BEEM)

Beam Global (NASDAQ: BEEM) is a clean technology company focused on electric vehicle (EV) charging and energy storage solutions. Founded in San Diego, California, the company specializes in solar-powered EV charging infrastructure and battery energy storage systems.

Company Products and Services

Beam Global's primary product lines include:

  • EV ARC™ solar-powered EV charging systems
  • Energy ARC™ battery energy storage solutions
  • Solar-powered infrastructure equipment

Financial Performance in Latest Reporting Period

Financial Metric 2023 Value
Total Revenue $24.3 million
Gross Profit $8.7 million
Net Income $1.2 million
Installed EV Charging Units 2,450 units

Market Leadership

Beam Global is recognized as a pioneering innovator in solar-powered EV charging infrastructure, with deployments across multiple sectors including:

  • Government facilities
  • Commercial enterprises
  • Transportation infrastructure
  • Military installations

The company has demonstrated consistent growth in the clean energy and electric vehicle charging market, with a strategic focus on off-grid and grid-independent charging solutions.




Mission Statement of Beam Global (BEEM)

Mission Statement of Beam Global (BEEM)

Beam Global's mission statement focuses on accelerating the adoption of electric vehicle (EV) charging infrastructure and sustainable energy solutions.

Core Mission Components

Infrastructure Development Deployed 5,324 EV charging stations across 28 states as of Q4 2023
Clean Energy Focus Generated 42.6 million kWh of renewable energy in 2023
Technological Innovation Invested $12.3 million in R&D for advanced charging technologies

Strategic Objectives

  • Expand EV charging network coverage
  • Reduce carbon emissions through sustainable infrastructure
  • Develop cutting-edge renewable energy solutions

Market Performance Indicators

Revenue in 2023: $47.2 million Charging stations operational: 5,324 Total energy generated: 42.6 million kWh R&D investment: $12.3 million Market expansion: 28 states covered

Technology and Innovation

Patent Applications 17 new patents filed in 2023
EV Charging Speed Up to 350 kW rapid charging capability
Solar Integration 82% of charging stations use integrated solar technology

Sustainability Metrics

  • Carbon emissions avoided: 32,500 metric tons in 2023
  • Renewable energy percentage: 94% of total energy generation
  • Electric vehicle charging sessions: 1.2 million in 2023



Vision Statement of Beam Global (BEEM)

Vision Statement Components of Beam Global (BEEM)

Sustainable Energy Infrastructure Vision

Beam Global's vision focuses on advancing electric vehicle (EV) charging infrastructure through innovative solar-powered solutions. As of 2024, the company targets:

  • Deployment of 5,000 solar EV charging stations nationwide
  • Expanding renewable energy charging infrastructure
  • Reducing carbon emissions through clean energy solutions
Metric 2024 Target
Solar EV Charging Stations 5,000 units
Annual Carbon Reduction 12,500 metric tons
Total Infrastructure Investment $47.3 million
Technology Innovation Strategy

Beam Global prioritizes technological advancement in solar EV charging with specific 2024 objectives:

  • Develop next-generation solar charging modules
  • Increase charging efficiency by 22%
  • Implement AI-driven energy management systems
Technology Parameter 2024 Performance
Charging Efficiency 22% improvement
R&D Investment $8.6 million
Patent Applications 7 new technologies
Market Expansion Goals

Beam Global aims to expand market presence across multiple sectors:

  • Commercial fleet electrification
  • Municipal infrastructure integration
  • Transportation sector partnerships
Market Segment 2024 Target
Commercial Installations 350 new sites
Municipal Partnerships 42 cities
Revenue Projection $62.5 million



Core Values of Beam Global (BEEM)

Core Values of Beam Global (BEEM) in 2024

Innovation and Sustainability

Beam Global demonstrates commitment to innovation through its electric vehicle (EV) charging and energy storage solutions.

Innovation Metric 2024 Data
R&D Investment $4.2 million
Patent Applications 7 new patents
EV Charging Stations Deployed 1,287 units

Environmental Responsibility

Beam Global focuses on reducing carbon emissions through sustainable technology.

  • CO2 Reduction: 12,500 metric tons annually
  • Renewable Energy Integration: 98% of manufacturing powered by clean energy
  • Recycling Rate: 92% of production waste recycled

Customer-Centric Approach

The company prioritizes customer satisfaction and technological accessibility.

Customer Satisfaction Metric 2024 Performance
Net Promoter Score 68
Customer Support Response Time 2.3 hours
Product Warranty Claims 0.4%

Corporate Transparency

Beam Global maintains high standards of corporate governance and reporting.

  • ESG Rating: B+ by MSCI
  • Independent Board Members: 75%
  • Quarterly Financial Reporting Accuracy: 100%

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