Beam Global - Common Stock (BEEM)

Competitors to Beam Global - Common Stock (BEEM)

Blink Charging Co. 

Blink Charging competes in the EV charging station market by offering its own line of charging stations and forming partnerships with various commercial and municipal entities. Their focus on expanding charging infrastructure in the U.S. aligns with Beam Global's goals, but Blink has a wider range of charging solutions and a larger installed base, which gives them a competitive edge in market presence. While both companies advocate for renewable energy solutions, Beam's unique selling point is in its solar-powered options, positioning it differently in terms of energy sustainability.

ChargePoint Holdings, Inc. 

ChargePoint specializes in electric vehicle (EV) charging infrastructure, offering a comprehensive network of charging stations that are deployed in various locations. They compete with Beam Global by targeting similar customer segments, including fleet operators and municipalities looking to expand their EV infrastructure. ChargePoint's competitive advantage lies in its extensive network and partnerships with automakers, which allows it to offer charging solutions that are highly accessible to users. In contrast, Beam provides solar-powered EV charging solutions, differentiating by focusing on sustainability and renewable energy integration.

Electrify America

Electrify America, a subsidiary of Volkswagen Group of America, is a large player in the EV fast-charging network market. They focus on building an expansive network of high-speed charging stations across the U.S., competing with Beam Global on the basis of scale and integration with existing EV technologies. Their significant financial backing and strategic partnerships allow them to rapidly expand their charging infrastructure, giving them a competitive advantage that Beam Global, as a smaller entity providing niche solar charging systems, may struggle to match.

EVBox

EVBox offers a robust portfolio of EV charging products and services that cater to various stakeholders, including businesses and municipalities. Their comprehensive solutions and established presence in Europe provide a significant footing against Beam Global, which primarily emphasizes solar-based charging. EVBox’s sophistication in software integration and user management features gives them an edge as more businesses seek enhanced capabilities in their charging stations. Thus, while both companies aim for sustainable transportation solutions, EVBox's technological advancements and broader geographical footprint grant them a leading position.

Wallbox N.V. 

Wallbox provides smart EV charging systems, focusing on user-friendly solutions that blend technology with sustainability. Their competitive strategies include offering comprehensive home and public charging solutions, leveraging smart technology for energy management. Wallbox’s advantage stems from their innovation in charging technology and aggressive global expansion strategy, which positions them strongly against Beam Global's approach to solar-powered charging. While both companies target the EV market, Wallbox's advanced smart solutions and widespread market adoption provide them with a competitive edge.