Wallbox accelerates Partnership with Sonepar, the World's Largest Electrical Distribution Network
- Partnership expansion into multiple countries showcases strong growth potential for both companies.
- The collaboration with Sonepar positions Wallbox as a key industry player in the EV charging market, supporting an agile and innovative energy transition.
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This partnership advances the energy transition by granting installers access to cutting-edge, user-friendly, and efficient charging solutions. The EV charging market is on an electrifying trajectory, with growth figures reshaping the transportation landscape. Sonepar and Wallbox established their partnership in 2022, and their joint efforts have since resulted in growth into multiple countries, including the
Equipped with Wallbox’s extensive portfolio of AC and DC electric vehicle charging and energy management solutions for residential, commercial, and public segments - areas where Sonepar is continuing to grow - the Group is enabling its customer base to provide end-users with the necessary tools to deliver a best-in-class EV charging experience, monitor energy consumption, save costs, and operate in a more sustainable manner.
Artur Puzinas, International Market Director, Sonepar stated, “Sonepar is uniquely positioned at the heart of the electrical ecosystem, where transport plays a pivotal role in accelerating the energy transition. Collaborating with eMobility experts like Wallbox is paramount to driving this change. We believe that Wallbox is aligned with the Group's ambitious and strategic goal of becoming a key industry player, supporting an agile and innovative energy transition.”
Douglas Alfaro, Chief Business Officer at Wallbox stated, “There are a number of synergies between our two companies including our shared global presence. Installers are key to the EV transition, and in many markets play a crucial role in customers' decision-making process. We are excited to continue to expand our partnership with Sonepar to offer installers smart and efficient charging solutions.”
Sonepar and Wallbox are committed to driving innovation and sustainability within the electrical industry. Together, the companies are well-positioned to help enable a greener and more sustainable future for all.
About Sonepar
Sonepar is an independent family-owned company with global market leadership in B-to-B distribution of electrical products, solutions, and related services. Through a dense network of brands spanning 40 countries, the Group has an ambitious transformation agenda to become the first global B-to-B electrical distributor to provide a fully digitalized and synchronized omnichannel experience to all customers. Drawing on the skill and passion of its 44,000 associates, Sonepar had sales of
About Wallbox
Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine the relationship between users and the network. Wallbox goes beyond charging electric vehicles to give users the power to control their consumption, save money and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public, and public use in more than 100 countries around the world. Founded in 2015 in
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the private placement. The words “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “target,” will,” “would” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: Wallbox’s history of operating losses as an early stage company; the adoption and demand for electric vehicles including the success of alternative fuels, changes to rebates, tax credits and the impact of government incentives; Wallbox’s ability to successfully manage its growth; the accuracy of Wallbox’s forecasts and projections including those regarding its market opportunity; competition; risks related to health pandemics including those of COVID-19; losses or disruptions in Wallbox’s supply or manufacturing partners; impacts resulting from the conflict between
View source version on businesswire.com: https://www.businesswire.com/news/home/20231113815271/en/
Press Contact - Sonepar
Matt Pothecary
Chief Communications Officer and Sustainability
matt.pothecary@sonepar.com
Wallbox Public Relations Contact:
Elyce Behrsin
Public Relations
Press@wallbox.com
Wallbox Investor Relations Contact:
Matt Tractenberg
VP, Investor Relations
Matt.Tractenberg@wallbox.com
+1 404-574-1504
Source: Wallbox
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