Wallbox Nv Stock Price, News & Analysis

Wallbox (NYSE: WBX) has achieved a significant milestone by obtaining the California Type Evaluation Program (CTEP) certification for its Supernova DC fast charger. This certification validates that Wallbox's charging technology meets California's strict standards for measurement accuracy and billing transparency.

The CTEP certification is essential for EV chargers involved in electricity sales, requiring them to display transaction details including electricity dispensed, unit price, and total cost. The certification enables Wallbox to deploy its chargers across California's commercial charging network and participate in major infrastructure projects.

According to Douglas Alfaro, Chief Fast Charging Officer, this achievement reinforces Wallbox's technical excellence and consumer trust while advancing their North American expansion strategy, particularly in California - the nation's leading EV adoption market.

Wallbox (NYSE: WBX) has announced pre-order availability for its Quasar 2 bi-directional charger and Power Recovery Unit, specifically designed for the Kia EV9. This innovative Vehicle to Home (V2H) technology enables eligible EV9 owners to use their vehicle as an energy storage system, powering their homes during outages.

The Quasar 2 system, retailing at $6,440 (excluding taxes and installation), offers up to 12 kW of power for EV charging and discharging. Initial pre-orders are to residents in California, Texas, Florida, New York, Washington, New Jersey, and Illinois, with nationwide availability planned.

The system allows EV9 owners to potentially reduce electricity costs by using stored grid energy or solar surpluses during peak hours, while also enabling scheduled charging and home power management. Pre-orders are available on a first-come, first-served basis through Wallbox's website.

Wallbox (NYSE: WBX) has announced pre-orders for its new Quasar 2 bi-directional charger, specifically designed for eligible Kia EV9 owners and lessees. The innovative charging system, which includes a Power Recovery Unit, enables EV9 drivers to use their vehicle as a power source for their homes, even during outages.

The system features up to 12 kW of power for fast charging and discharging, with backup power capabilities lasting up to three days. The Quasar 2 package, retailing from $6,440 (excluding taxes and installation), requires a $100 deposit for waitlist placement.

Initial pre-orders are to residents in California, Texas, Florida, New York, Washington, New Jersey, and Illinois. Installation must be conducted through Wallbox's official provider, COIL Inc., or certified third-party installers.

Wallbox (NYSE:WBX) reported its Q4 and full-year 2024 financial results, showing resilience despite EV market challenges. Q4 revenue reached €37.4 million, up 8% quarter-over-quarter, with North America achieving 64% year-over-year growth. Full-year 2024 revenue was €163.9 million, representing 14% growth from 2023.

Key achievements include: 10% reduction in Q4 labor costs and OPEX, 41% full-year revenue growth in North America, and 21% improvement in Adjusted EBITDA year-over-year. The company raised approximately $45 million through equity transactions and surpassed one million EV chargers sold globally.

For Q1 2025, Wallbox projects revenue between €34-37 million, expects Gross Margin of 37-39%, and forecasts negative Adjusted EBITDA between €(8)-€(11) million.

Wallbox (NYSE: WBX), a global leader in EV charging and energy management solutions, has secured a $10 million investment through a private placement of 26,707,142 Class A ordinary shares. The investment comes from key stakeholders including Iberdrola's subsidiary (Inversiones Financieras Perseo), Orilla Asset Management, CEO and Co-Founder Enric Asunción, and other existing shareholders.

The funding aims to strengthen Wallbox's balance sheet, support global sales of its EV chargers, and advance the company's journey toward profitability. The private placement closed on February 21, 2025, with more details to be shared during Wallbox's Fourth Quarter and Full Year 2024 earnings call on February 26.

Wallbox (NYSE: WBX) and EV charge point operator Believ have announced a strategic partnership to deploy rapid and ultra-rapid charging solutions across the United Kingdom. The collaboration will introduce Wallbox's DC fast charging portfolio, including 60kW, 120kW, 150kW, and 220kW Supernova models.

The partnership has already achieved its first milestone with an initial installation in Scotland, marking the beginning of a nationwide rollout. The charging stations will be strategically placed along major travel routes and at retail destinations where drivers typically spend less time.

Believ, supported by Liberty Global and Zouk Capital, which manages the HM Treasury-backed Charging Infrastructure Investment Fund (CIIF), will utilize Wallbox's scalable technology to enhance the UK's charging infrastructure.

Wallbox (NYSE: WBX), a leading provider of EV charging and energy management solutions, has scheduled its Q4 and full year 2024 financial results release for Wednesday, February 26, 2025, before market opens. The company will host a webcast at 8:00 AM ET (2:00 PM CET) featuring CEO Enric Asunción and CFO Luis Boada, who will discuss the results and provide a business update, followed by a Q&A session. The webcast will be accessible through the company's investor relations website, with materials available for future download.

Bioptimus has secured a total funding of $76 million, including a recent $41 million investment led by Cathay Innovation. The company, which successfully launched the world's largest AI foundation model for pathology (H-Optimus-0) in July, is preparing to release a breakthrough multi-scale, multi-modal foundation model for biology in 2025.

The H-Optimus-0 model has demonstrated superior performance in independent benchmarks, including evaluations by Harvard Medical School's HEST program and the University of Leeds, particularly in predicting gene expression from morphology and subtyping ovarian cancer.

The company aims to break down traditional research silos by integrating data across multiple scales (molecules, cells, tissues, organisms) and modalities (imaging, genetics, etc.). The funding will support platform enhancement, strategic partnerships with pharmaceutical and biotech companies, and dataset expansion.

Wallbox (NYSE:WBX) has achieved a significant milestone as its Quasar 2 bidirectional charger received UL Solutions certification for the U.S. market. The device is the first bidirectional charger with a CCS1 connector to meet principal safety standards for DC EV chargers.

The Quasar 2, expected to launch soon, enables advanced V2X functionality and can power homes during outages. The compact device is designed for residential installations and is compatible with EVs using ISO 15118-20, the industry standard for bidirectional charging.

The certification includes compliance with multiple UL standards: UL 9741 (2nd edition), UL 2231-2 for protection systems, and UL 1741 for interconnection system equipment. This certification validates Wallbox's engineering capabilities and positions the company at the forefront of EV charging innovation.