Beam Global Secures Recurring Revenue Deal for EV Charging in Serbia
Event summary
- Beam Global deployed EV ARC™ off-grid charging systems at Aqua Park Raj in Serbia under a recurring revenue agreement.
- The deployment is part of Beam Europe’s strategy to accelerate market adoption and build a pipeline for future deployments across Europe in 2026.
- EV ARC™ systems provide 100% renewable, off-grid EV charging without grid connection or construction disruption.
- CEO Desmond Wheatley highlighted a 35% increase in 2026 EV sales in Europe, driving demand for charging infrastructure.
The big picture
Beam Global’s deployment in Serbia aligns with the growing demand for EV charging infrastructure in Europe, where EV sales are up 35% year-over-year. The company’s off-grid, zero-disruption model positions it as a key player in decentralized, sustainable mobility solutions. This strategic move could set a precedent for similar deployments across the region, leveraging sponsorship and recurring revenue models to drive adoption.
What we're watching
- Market Expansion
- The pace at which Beam Global can replicate this model in other European markets.
- Regulatory Alignment
- Whether the deployment supports Serbia’s EU Green Agenda commitments and broader clean mobility targets.
- Revenue Sustainability
- How Beam Global’s sponsorship-funded model will affect long-term recurring revenue growth.
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