Beam Global (NASDAQ:BEEM) has announced a joint venture agreement with the Platinum Group, a company based in the United Arab Emirates (UAE). This collaboration aims to create Beam Middle East, which is expected to enhance Beam Global’s presence in the region.

The joint venture will focus on advancing renewable energy solutions and promoting sustainable technologies throughout the Middle East. This partnership is seen as a strategic move to leverage the growing demand for clean energy alternatives in the region.

Beam Global has expressed enthusiasm about this venture, with a representative stating that they look forward to working with the Platinum Group to meet the increasing energy needs in the region. The establishment of Beam Middle East marks a significant step in Beam Global’s international expansion efforts.