Wallbox Goes All-In on AWS

Rhea-AI Summary

Wallbox, a leader in electric vehicle (EV) charging solutions, announced its migration to AWS at AWS re:Invent. This transition enables Wallbox to leverage AWS capabilities, including analytics and machine learning, to enhance its manufacturing and product development processes globally. Notably, Wallbox achieved a significant 70% reduction in IT costs for residential charging systems through AWS's scalable solutions. This partnership aims to accelerate EV adoption and improve energy management, facilitating a more sustainable energy future.

Positive

• 70% reduction in IT costs for residential charging systems due to AWS services.
• Enhanced operational efficiencies and analytics capabilities through AWS.
• Ability to monitor and optimize EV chargers in 113 countries using AWS technologies.

Negative

• None.

Leading provider of smart vehicle charging systems uses AWS’s vast set of services and proven infrastructure to design and globally manufacture sustainable electric-vehicle charging and energy solutions

With AWS compute powering its software development, Wallbox reduced residential charging system IT costs by 70%

LAS VEGAS--(BUSINESS WIRE)-- At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Wallbox (NYSE: WBX), a leading provider of residential and public electric-vehicle (EV) charging devices and energy-management solutions, has migrated its entire information technology (IT) infrastructure, including design and manufacturing platforms, device and grid-management systems, and customer-facing applications, to AWS. Worldwide, Wallbox is using AWS’s broad and deep set of capabilities—including analytics, compute, containers, databases, and security—to research, develop, manufacture, and deploy its EV chargers and intelligent charging infrastructure. Running on AWS, Wallbox is developing innovative smart charging products that will help accelerate the adoption of electric cars and enable customers to return excess energy to the grid.

Source: Wallbox

Running on AWS enables Wallbox to increase operational efficiencies, improve analytics, and provide better customer service around the world. The software powering Pulsar Plus, Wallbox’s residential compact charging system, uses Amazon EC2 Spot Instances and AWS Graviton2 to provide scalable and cost-efficient computer capacity to power its software development, reducing overall IT costs by 70%. With Amazon Kinesis, a service that collects, processes, and analyzes real-time streaming data, Wallbox can collect data and monitor the status of its public and residential EV chargers in 113 countries, analyze the data, and use the insights to adjust and optimize settings for faster and more efficient charging. In addition, Wallbox will use AWS machine learning services in its manufacturing facilities in China, Europe, and North America to identify potential mechanical failures and avoid downtime, as well as to gain insights from sudden changes in sales patterns or customer usage to inform production forecasts, improve capacity planning, and make key business decisions.

“EV adoption plays a key role in helping us transition toward a world powered by renewable energy,” said Enric Asunción, CEO and co-founder of Wallbox. “AWS provides the underlying infrastructure we need to develop and globally deliver intelligent charging infrastructure and energy-management solutions, as well as the ability to open new pathways that harness the flow of energy through the grid. Like AWS, we believe in putting our customers at the center of everything we do, so we can change the way the world accesses, uses, and shares energy.”

“Wallbox is an example of a company that started by working backward from the customer to make the EV charging experience simple for consumers,” said Tanuja Randery, managing director, EMEA at AWS. “As EV charging gains momentum around the world, AWS is providing Wallbox with the insights and predictive capabilities it needs to scale its business. Using AWS’s vast portfolio of services, Wallbox can continue to innovate new smart charging solutions that will help our world achieve a more sustainable future.”

About Amazon Web Services

For over 15 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud offering. AWS has been continually expanding its services to support virtually any cloud workload, and it now has more than 200 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 96 Availability Zones within 30 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in Australia, Canada, Israel, New Zealand, and Thailand. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

About Wallbox

Wallbox is a global company, dedicated to changing the way the world uses energy in the electric vehicle industry. Wallbox creates smart charging systems that combine innovative technology with outstanding design and manage the communication between vehicle, grid, building and charger. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public and public use in more than 113 countries. Founded in 2015, with headquarters in Barcelona, Wallbox's mission is to facilitate the adoption of electric vehicles today to make more sustainable use of energy tomorrow. The company employs approximately 1,200 people in Europe, Asia, and the Americas.
For additional information, please visit www.wallbox.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221129005246/en/

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FAQ

How is Wallbox using AWS to enhance its operations?

Wallbox utilizes AWS for analytics, machine learning, and to reduce IT costs by 70%, leading to improved operational efficiencies.

What financial benefits did Wallbox achieve by migrating to AWS?

Wallbox reported a 70% reduction in IT costs for its residential charging system after migrating to AWS.

In how many countries does Wallbox monitor its EV chargers?

Wallbox monitors the status of its EV chargers in 113 countries using AWS technologies.

What role does AWS play in Wallbox's product development?

AWS provides the infrastructure for Wallbox to develop and deploy innovative smart charging products and energy management solutions.

What was announced at AWS re:Invent regarding Wallbox?

At AWS re:Invent, Wallbox announced the migration of its IT infrastructure to AWS, enhancing its development and operational capabilities.