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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.
Wallbox (NYSE:WBX) announced its first national TV advertisement set to air during Super Bowl LVI on February 13, 2022. This follows a year of significant growth after entering the U.S. market in February 2021. Wallbox’s top-selling charger, the Pulsar Plus, has been adapted for North American consumers and became a bestseller on Amazon within three months. CEO Enric Asuncion emphasized the importance of home charging for the growing adoption of EVs, highlighting the company's commitment to simplifying EV ownership for U.S. drivers.
Wallbox (NYSE:WBX) is showcasing its new electric vehicle chargers, Copper 2 and Quasar 2, at CES 2022, along with its digital innovations. The company aims to enhance its online presence with a virtual reality experience for viewers unable to attend in person.
Copper 2 is designed for European businesses with 22kW charging power, while Quasar 2 enables home backup power during blackouts in North America. Wallbox is committed to making electric driving adoption easier and more sustainable.
Wallbox (NYSE:WBX) has launched the Quasar 2, a next-generation bidirectional home charger aimed at enhancing energy management for electric vehicle (EV) owners in North America. This innovative product enables users to charge and discharge their EVs, providing backup power during blackouts with its unique blackout mode, which can sustain household energy needs for over three days. The Quasar 2 also features enhanced performance, CCS compatibility, and connections to the myWallbox app, promoting efficient energy use and cost savings.
Wallbox (NYSE:WBX) is set to unveil a new product for the North American market at CES Las Vegas, scheduled from January 5-8, 2022. The company aims to showcase its latest hardware and software solutions for home, business, and public use. Following its U.S. market launch in 2021, Wallbox's Pulsar Plus became the best-selling EV charger on Amazon within three months. The company has expanded into over 20 new markets recently, reinforcing its commitment to innovating EV charging and energy management solutions.
Wallbox (NYSE:WBX) has launched its new Installer App, aimed at automating and streamlining the installation process of its electric vehicle chargers. This initiative enhances the company's service offerings by covering the entire lifecycle, from design to maintenance. The app has reduced installation time by 50% and improved response times for technical assistance. Currently operational in seven European markets, it is already used by 64% of installers in the Wallbox network. The app is available on iOS and Android, with plans for broader rollout in other countries.
Wallbox (NYSE: WBX) has launched Eco-Smart and Power Boost, new home energy management features for electric vehicle (EV) users in the U.S. Eco-Smart allows charging with solar energy, utilizing a home's solar system efficiently. Power Boost adjusts EV charging based on real-time energy usage, optimizing power based on household demand. Both features come standard with the Pulsar Plus EV charger, enhancing Wallbox’s leadership in sustainable energy solutions.
Wallbox N.V. (NYSE: WBX) reported impressive third quarter results for 2021, with revenue reaching
Wallbox N.V. (NYSE: WBX) announced a business update webcast scheduled for November 4, 2021, at 8:30 a.m. ET. The session will feature CEO Enric Asunción and CFO Jordi Lainz, discussing highlights from the company’s third quarter results. Wallbox, headquartered in Barcelona, is a global leader in electric vehicle (EV) charging and energy management solutions, operating in over 80 countries with a workforce of more than 700 employees. Interested parties can submit questions in advance and access the webcast via the company's investor relations website.
Uber (NYSE: UBER) and Wallbox N.V. (NYSE: WBX) announced a strategic partnership aimed at easing the transition to electric vehicles (EVs) for Bay Area rideshare drivers. This aligns with Uber's commitment to becoming a zero-emissions mobility platform by 2030. Wallbox will offer discounted charging solutions, including the widely popular Pulsar Plus charger, designed for home installations. The Bay Area was selected for a pilot program due to favorable property conditions for EV charging. Success could lead to broader availability across the US and globally.
Wallbox N.V. (NYSE: WBX) and Nuvve Holding Corp. (Nasdaq: NVVE) have launched a pioneering vehicle-to-grid (V2G) partnership in Iberia, aimed at alleviating grid pressure and providing financial incentives for users. This collaboration combines Wallbox’s award-winning Quasar bidirectional charger with Nuvve’s GIVe™ energy management platform. Available in early 2022 in Spain and Portugal, this technology can allow users to save over 500 Euros annually while also reducing their carbon footprint by approximately 250kg of CO2 per vehicle per year.
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