Wallbox Announces the Launch of Their Highest Power-to-Footprint Ratio DC Fast Charger Yet

Rhea-AI Summary

Wallbox, a global leader in electric vehicle charging solutions, has announced the launch of its Supernova 220 DC fast charger. The Supernova 220 delivers up to 220 kW of power with a footprint of only 3.48 ft², making it one of the highest power-to-footprint ratio chargers in the market. This increased power allows for charging a passenger EV up to 100 miles in just eight minutes. Already successful with its Supernova 180 model in North America, Wallbox is now expanding this technology to the EU and other regions. With over 2,000 units sold in more than 30 countries, Wallbox continues to enhance the reliability and efficiency of its products, aiming to meet diverse power needs without compromising on customer experience. The sleek design of Supernova 220 is compliant with the latest regulations and is suitable for both public and private high-traffic spaces.

Positive

• The Supernova 220 delivers up to 220 kW of power, significantly enhancing charging speeds.
• Maintains a compact footprint of 3.48 ft², offering one of the highest power-to-footprint ratios.
• Wallbox has already sold over 2,000 DC fast chargers in over 30 countries, indicating strong market acceptance.
• The new model supports charging two EVs simultaneously, improving operational efficiency at high-traffic locations.
• Compliant with latest AFIR regulations, ensuring broader market applicability without additional accessories.

Negative

• None.

Tech Expert

Wallbox's launch of the Supernova 220 introduces a significant advancement in EV charging technology with its high 220 kW output and compact footprint of just 3.48 ft². This innovation addresses the growing demand for high power charging solutions, allowing for faster charging times—up to 100 miles in merely eight minutes. This is particularly significant for high-traffic locations and fleet operations where downtime needs to be minimized.

The compact size, coupled with high power, makes the Supernova 220 a versatile option for various installations, from shopping centers to fleet depots. Its compliance with the latest AFIR regulations and options for custom branding further enhance its appeal for public-facing sites.

For investors, this product strengthens Wallbox’s market presence and can potentially drive revenue growth by catering to a broader array of clients who require efficient and reliable charging solutions. It also positions Wallbox competitively against other players in the high-power DC fast charger market.

Market Research Analyst

The introduction of the Supernova 220 by Wallbox is a strategic move to capture a larger share of the expanding EV charging market. Market trends indicate a growing need for faster charging options, especially as EV adoption continues to rise globally. By offering a high-power charger that maintains a small footprint and low installation costs, Wallbox enhances its value proposition to charge point operators (CPOs).

The ability to charge two EVs simultaneously at 110 kW each also means higher turnover rates at charging stations, which can translate to increased revenue streams for CPOs. This development could attract new partnerships and contracts, particularly in regions where EV infrastructure development is a priority.

For investors, the Supernova 220’s potential to maximize space and efficiency while meeting regulatory compliance suggests a strong competitive advantage. This could lead to higher market penetration and potentially improved financial performance for Wallbox.

Following the successful launch of Supernova 180 in North America, Wallbox launches Supernova 220 in the EU and ROW* to meet the increasing demand for a broader and higher power range of DC fast chargers from Wallbox

Supernova 220 delivers a 220 kW output with a footprint of just 3.48 ft², making it one of the highest power-to-footprint ratio chargers in the DC fast charging market

BARCELONA, Spain--(BUSINESS WIRE)-- Wallbox Chargers, a global leader in electric vehicle charging and energy management solutions, announced the launch of the next generation of their Supernova DC fast charger, Supernova 220. The newest addition to the product family is designed to charge at up to 220 kW, meaning that it can fully charge a passenger EV up to 100 miles in as little as eight minutes.

Wallbox's fastest DC charger yet, the Supernova 220. (Photo: Business Wire)

To date the company has sold over 2,000 of their DC fast chargers in over 30 countries around the world. The introduction of the Supernova 220 gives charge point operators a broader range of power options within the Supernova family, to further expand their EV charging network with chargers that have been tried and tested for reliability and uptime. Ultimately the introduction of this new product ensures CPOs can install the most appropriate power model for every site, without needing to compromise on reliability or customer experience.

Thanks to Supernova’s award-winning and compact design, the 220 kW version offers efficiency benefits to both charge-point-operators and customers. While the same size as other Supernova models, it is the most powerful model yet and can charge one EV at up to 220 kW or two EVs simultaneously, at up to 110 kW each. Increasing the power while maintaining the cost of installation, maintenance and space improves the return on investment for charge point operators, especially in high volume locations.

“At Wallbox our aim is to ensure that EV charging is simple and accessible to all drivers, which means offering reliable solutions that meet the needs of a range of locations,” said Till Wilmschen, Director of DC fast charging at Wallbox. “Supernova 220 fills the current need for High Power Charging sites, capable of providing 10 to 15 minute charging times for passenger EVs, as well as serving the high power charging demands at private and public sites for fleets, electric trucks, buses and heavy goods vehicles.”

• High power, even smaller footprint ratio; Supernova 220 service both, low and high voltage EVs delivering up to 220 kW of power. It also optimizes space thanks to its high power density.

• DC meter law compliant; Due to its metering windows which are prominently displayed below the touchscreen and dc metering options, Supernova 220 is fully compliant with the latest AFIR regulations, without the need for any accessories.

• Award winning design; Its sleek but distinctive design which allows for custom branding is perfect for public and visible locations such as car parks, shopping centers and dealerships.

About Wallbox:

Wallbox is a global technology company, dedicated to changing how 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 Barcelona, where the company’s headquarters are located, Wallbox currently has offices across Europe, Asia, and America. For more information, visit www.wallbox.com

*Supernova 220 is currently not available for purchase in North America.

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 Russia and Ukraine; risks related to macro-economic conditions and inflation; Wallbox’s reliance on the third-parties outside of its control; risks related to Wallbox’s technology, intellectual property and infrastructure; as well as the other important factors discussed and incorporated by reference under the heading “Risk Factors” in Wallbox’s Annual Report on Form 20-F for the fiscal year ended December 31, 2022, and as such factors may be updated from time to time in its other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investors Relations section of Wallbox’s website at investors.wallbox.com. Any such forward-looking statements represent management’s estimates as of the date of this press release. Any forward-looking statement that Wallbox makes in this press release speaks only as of the date of such statement. Except as required by law, Wallbox disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240703928696/en/

Wallbox PR:

Elyce Behrsin

Global Head of Public Relations

elyce.behrsin@wallbox.com

Source: Wallbox

FAQ

What is the power output of Wallbox's Supernova 220 DC fast charger?

The Supernova 220 offers a power output of up to 220 kW.

How long does it take for the Supernova 220 to charge an EV up to 100 miles?

The Supernova 220 can charge a passenger EV up to 100 miles in just eight minutes.

Where is Wallbox launching the Supernova 220?

Wallbox is launching the Supernova 220 in the EU and other regions outside of North America.

What makes the Supernova 220 stand out in the market?

It combines high power output with a compact footprint, offering one of the highest power-to-footprint ratios and compliance with the latest regulations.

How many DC fast chargers has Wallbox sold to date?

Wallbox has sold over 2,000 DC fast chargers in more than 30 countries.