Beam Global (NASDAQ:BEEM) Q4 2022 Earnings Call Transcript

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It’s actually harder more environmentally impactful you start digging up the streets in a place like Paris than it is in a place like San Diego, because of all the history and all the other stuff that goes on there. There’s a much more tendency towards green energy in Europe than the United States. And then energy security, particularly after the Mr. Putin’s behavior over the last couple of years, energy security, absolutely front and center for everybody over there. They’re not — they’re terrified of the thing too much of the unit of energy. Of course, a zero unit cost of energy with . And they’re also terrified about vulnerability where energy is concerned, because they have seen over the last couple of years, it’s how very vulnerable they are.

And so, there are just so many reasons why that’s an exciting market versus that’s why I tell you from a personal point of view that’s where most of my focus is going to go.

Unidentified Analyst: Hey, thanks very much, Desmond. Congratulations.

Desmond Wheatley: My pleasure. Thank you. I think that’s — we’re a little over time here. So, I’ll just — for those of you who are still on, thank you for spending the time with us. Thank you for your support and for your excellent questions. The good — the great thing for me is every time I do these, they’re better than the last, because we just keep knocking it out of the park. And I do not want you to anticipate there’ll be any slowdown in that, because I don’t think that’s coming at all. As I said, it’s a brilliant time to be Beam Global right now. And there are plenty of challenges ahead, but they become less all the time. And those challenges are more to do with the tremendous new opportunities that we have than the sorts of things that we’d have to overcome in the past. So, thank you for being along for the ride. And I look forward to doing the next earnings call.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may all now disconnect.

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