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Wallbox N.V. - WBX STOCK NEWS

Welcome to our dedicated page for Wallbox N.V. news (Ticker: WBX), a resource for investors and traders seeking the latest updates and insights on Wallbox N.V. stock.

Wallbox N.V. (symbol: WBX) is a trailblazer in the realm of electric vehicle (EV) charging and energy management solutions. The company is dedicated to designing, manufacturing, and distributing smart charging systems that simplify the user experience and promote the adoption of sustainable transportation. Wallbox’s innovative products facilitate seamless communication between users, vehicles, grids, buildings, and chargers, making the EV charging process as straightforward as refueling traditional vehicles.

Wallbox offers a comprehensive portfolio of smart charging solutions tailored for various applications, including residential, business, and public use. Their product range includes Level 2 alternating current (AC) chargers for home and business settings and direct current (DC) fast chargers designed for public use. These solutions are designed to cater to a diverse array of customer needs, ensuring faster and more efficient charging experiences.

Operating across three primary segments—Europe, Middle East, and Asia (EMEA), North America, and Asia-Pacific—Wallbox has established itself as a key player in the EV charging industry. The EMEA region stands out as the company's major revenue generator, underlining its significant influence in the market.

Recent achievements underscore Wallbox’s commitment to innovation and growth. The company has forged strategic partnerships and entered into collaborations that enhance its technological capabilities and market reach. These initiatives not only bolster Wallbox’s position in the industry but also contribute to the broader adoption of electric and plug-in hybrid vehicles (PHEVs).

Wallbox's mission extends beyond merely providing charging solutions; it aims to reduce the environmental footprint of transportation by making EV and PHEV ownership more accessible and convenient. By focusing on user-friendly products and comprehensive customer support, Wallbox helps in transforming the charging experience into a routine and uncomplicated task, comparable to filling up with conventional fuel.

Financially, Wallbox continues to demonstrate robust growth and a solid financial standing, driven by its expanding product lineup and strategic market presence. The company's emphasis on sustainability, innovation, and customer satisfaction positions it as a significant contributor to the future of sustainable transportation.

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Wallbox (NYSE:WBX) has filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2021, with the Securities and Exchange Commission. This report can be accessed through Wallbox's Investor Relations site and the SEC's website. Wallbox specializes in electric vehicle charging solutions and energy management, operating in over 90 countries and employing more than 900 individuals globally. Founded in 2015 and headquartered in Barcelona, Wallbox aims to promote sustainable energy use in the EV industry.

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Wallbox (NYSE: WBX), a leader in electric vehicle charging solutions, will announce its Q1 2022 financial results on May 11, 2022, before market open. The company will host a conference call at 8:00 AM ET to discuss these results and provide a business update. The presentation will include remarks from CEO Enric Asunción and CFO Jordi Lainz, followed by a Q&A session. Wallbox offers charging solutions for residential and public use in over 90 countries and aims to transform energy consumption worldwide.

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Wallbox has inaugurated a new electric vehicle charger manufacturing plant in Barcelona, with an investment of 9 million euros. The facility aims to produce over 750,000 chargers annually and create more than 500 jobs. Currently, the plant employs 203 people and operates 4 production lines designed for quick delivery. Wallbox is committed to sustainability, with plans to power the facility partially through solar energy, potentially supplying 30% to 60% of its energy needs.

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Wallbox (NYSE:WBX) has begun construction of its first U.S.-based EV charger manufacturing facility in Arlington, Texas. This 130,000 square-foot facility, with an initial investment of $11 million, aims to produce over 250,000 units in 2022 and 500,000 by 2025. The facility will enhance Wallbox's capability to support its North American expansion, improve delivery times, and reduce costs while creating about 250 local jobs by 2030. This move aligns with rising U.S. demand for electric vehicle infrastructure.

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Wallbox (NYSE:WBX) has partnered with City Electric Supply (CES) to make its Pulsar Plus, Smart Power Meters, and EV Charging Pedestals available both online and in over 535 U.S. stores. The Pulsar Plus 48A, compatible with major EV models, offers flexible charging options and advanced features like Bluetooth and Wi-Fi connectivity. This partnership aims to enhance CES's offerings in renewable energy equipment. The products are eligible for various tax credits, including up to 30% for installation costs. The collaboration underscores Wallbox's commitment to sustainable energy solutions.

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Wallbox (NYSE:WBX), a leader in electric vehicle (EV) charging and energy management, announced its participation in two investor events following its financial results release.

Events include the JP Morgan Global ESG Conference on March 24, 2022, and Piper Sandler EV Charging Day on April 5, 2022. CEO Enric Asuncion will present at both. Wallbox builds advanced EV charging solutions for over 98 countries, enabling users to manage energy sustainably.

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Wallbox (NYSE:WBX) reported a robust financial performance for Q4 2021 and the full year, with revenues reaching approximately $86.5 million, marking a 266% increase year-over-year. In Q4 alone, revenues hit a record $31.3 million, up 165% from the previous year. The company sold 129,000 chargers overall, achieving a gross margin of 38.2%. Wallbox also completed a business combination with Kensington Capital, becoming the first Spanish tech firm on the NYSE. Looking ahead, Q1 2022 revenue is expected between €26-28 million, reflecting significant growth.

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Wallbox (NYSE: WBX), a leader in electric vehicle charging solutions, announced it will showcase its Pulsar Plus and Supernova chargers at the NADA Show in Las Vegas from March 11-13, 2022. The Pulsar Plus is Wallbox's globally recognized home charger, while Supernova offers cost-effective solutions for dealerships. The event aims to connect with dealers and OEMs, offering packages for those interested in selling the Pulsar Plus.

Wallbox’s participation highlights the growing enthusiasm for electric vehicles in the automotive industry.

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Wallbox (NYSE:WBX), a leader in EV charging solutions, has appointed Matthew Tractenberg as the new Vice President of Investor Relations. Tractenberg brings over 20 years of experience in finance and investor relations, aiming to enhance the company’s relationships within the investment community. CEO Enric Asuncion stated that Tractenberg's expertise is crucial for advancing Wallbox's corporate narrative. Tractenberg expressed excitement about joining Wallbox during a pivotal time in the EV charging market.

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Wallbox (NYSE: WBX) will release its financial results for Q4 and the full year 2021 on March 16, 2022, before market open. A conference call will follow at 8:00 AM ET to discuss these results and provide an update on business operations. The call will feature remarks from CEO Enric Asunción and CFO Jordi Lainz, concluding with a Q&A session. Investors can register for the webcast, which will also have a replay available after the event.

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FAQ

What is the current stock price of Wallbox N.V. (WBX)?

The current stock price of Wallbox N.V. (WBX) is $0.865 as of November 1, 2024.

What is the market cap of Wallbox N.V. (WBX)?

The market cap of Wallbox N.V. (WBX) is approximately 214.2M.

What does Wallbox N.V. do?

Wallbox N.V. designs, manufactures, and distributes smart charging systems for electric vehicles to promote sustainable transportation.

What products does Wallbox offer?

Wallbox offers Level 2 AC chargers for residential and business use, as well as DC fast chargers for public applications.

In which regions does Wallbox operate?

Wallbox operates in Europe, Middle East, and Asia (EMEA), North America, and Asia-Pacific.

What is Wallbox's mission?

Wallbox aims to accelerate sustainable transportation by providing simple and effective EV charging solutions.

How does Wallbox support the EV industry?

Wallbox supports the EV industry by making electric and plug-in hybrid cars more attractive through innovative, user-friendly charging systems.

What recent achievements has Wallbox made?

Wallbox has achieved significant growth through strategic partnerships and technological advancements, enhancing its market presence.

How does Wallbox contribute to sustainability?

Wallbox contributes to sustainability by reducing the environmental impact of transportation with its efficient EV charging solutions.

What is the financial condition of Wallbox?

Wallbox demonstrates robust growth and solid financial standing, driven by its expanding product lineup and strategic market presence.

Why choose Wallbox for EV charging solutions?

Wallbox offers comprehensive, simple, and effective charging solutions that make the EV charging process as easy as refueling traditional vehicles.

What is the significance of Wallbox in the EV market?

Wallbox plays a crucial role in promoting the adoption of EVs and PHEVs by providing innovative and accessible charging solutions.

Wallbox N.V.

NYSE:WBX

WBX Rankings

WBX Stock Data

214.22M
230.59M
56.63%
10.4%
0.7%
Electronic Components
Technology
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United States of America
Barcelona