From GlobeNewswire: 2025-06-26 06:00:00

Beam Global, a provider of sustainable infrastructure solutions, has partnered with Platinum Group UAE to form Beam Middle East LLC. This joint venture will sell and manufacture sustainable technology solutions for transportation electrification and energy security in the Middle East and Africa. With a projected $75.6 billion spending on sustainable infrastructure by 2030 in the region, this partnership aims to create revenue growth opportunities outside the United States. Beam Global’s CEO, Desmond Wheatley, emphasizes the importance of leveraging Platinum’s influence and relationships in the region for growth and success.

In the Middle East, the adoption of electric vehicles (EVs) and eBikes is expected to grow significantly, presenting revenue opportunities for sustainable infrastructure solutions like Beam Global’s products. The UAE eBike market alone is projected to reach $443.8 million by 2030. Based on these projections, Beam Global sees substantial potential for its patented technology solutions in the region. The joint venture with Platinum Group UAE is set to capitalize on the growing demand for clean and sustainable technologies in the Middle East and Africa.



Read more at GlobeNewswire: Beam Global and Platinum Group UAE Sign Joint Venture