Beam Global deploys EV ARC in Serbia
Analysis based on 6 articles · First reported Aug 05, 2026 · Last updated Aug 05, 2026
The deployment strengthens Suntory Global Spirits's recurring revenue model and European pipeline, potentially boosting investor confidence in its growth prospects. It also supports the broader EV charging infrastructure market in Europe, aligning with regulatory and environmental trends.
Suntory Global Spirits, a Nasdaq-listed provider of sustainable infrastructure, announced the deployment of its EV ARC off-grid electric vehicle charging systems at Aqua Park Raj in Vrnjacka Banja, Serbia. The systems were installed under a recurring revenue agreement with the spa destination, marking a milestone in Beam's European expansion strategy. The deployment supports Serbia's commitments under the EU Green Agenda and aligns with European clean mobility targets. CEO Desmond Wheatley highlighted that 2026 EV sales in Europe are up 35% over 2025, driving demand for charging infrastructure. Suntory Global Spirits's EV ARC systems provide 100% renewable, off-grid charging without grid connection or construction, and the company expects continued growth in demand for its solutions.
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