Wallbox Introduces Home Energy Management Solutions for EV Drivers in the U.S.
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.
- Launch of Eco-Smart and Power Boost features enhances Wallbox's product offering.
- Eco-Smart enables charging with solar energy, promoting clean energy use.
- Power Boost allows for more efficient home EV charging by managing household energy consumption.
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Eco-Smart allows
Power Boost measures a home’s real-time energy usage and automatically adjusts EV charging based on the electrical panel’s maximum capacity.
Eco-Smart allows
“These latest features represent a leap forward in how EV owners can charge their vehicles at home,” said
Maximize clean energy consumption
Eco-Smart uses a power meter to measure the energy from a home’s rooftop solar system to charge an EV in an efficient and sustainable way. This feature lets homeowners determine the source and mix of power to be delivered to the EV and is available in two modes:
- Full-Green Mode detects when there is enough surplus green energy available from the home solar PV system to charge an EV, so that the EV is charged with renewable energy.
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Eco Mode blends grid energy with surplus green energy from home solar panels, maximizing charging speed while taking advantage of the available power from the home solar PV system.
Eco-Smart can be controlled through the myWallbox app on a mobile device if the user prefers to switch to all-grid power.
Enable more powerful EV charging at home
Power Boost is designed to allow installation of a more powerful charger where the home's electrical capacity might otherwise require limiting the power available for EV charging.
Power Boost is able to measure the real-time energy usage of a household and dynamically adjust EV charging power. This permits users to install a more powerful EV charger in their homes. When electrical consumption of the household is increased, for example, when air conditioning is in use, EV charging power can be dynamically reduced to avoid overloading the electrical system. As household electrical consumption decreases, EV charging power is increased so that users can charge at maximum speed.
The heart of the energy management system
Both Power Boost and Eco-Smart features are embedded within Pulsar Plus and are easily activated through the myWallbox app and with the professional installation of a power meter kit (available at wallbox.com or via a
Pulsar Plus, Wallbox’s best selling home charger worldwide, is compatible with all EVs, including Teslas, using the Tesla-provided J1772 adapter. Features include flexible amperage setting, Bluetooth and Wi-Fi connectivity, charge scheduling, power sharing, the myWallbox app, and voice control via Amazon Alexa and
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Wallbox Forward Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the expected cost savings expected from the use of Eco-Smart and Power Boost and the ability for Eco-Smart and Power Boost to reduce electrical consumption. In some cases, you can identify forward-looking statements by terminology such as "anticipate," "believe," "may," "can," "should," "could," "might," "plan," "possible," "project," "strive," "budget," "forecast," "expect," "intend," "will," "estimate," "predict," "potential," "continue" or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that statement is not forward-looking. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking.
These forward-looking statements are based on management’s current expectations and beliefs. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause Wallbox’s 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 electronic 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; Wallbox’s reliance on the third-parties outside of its control; risks related to Wallbox’s technology, intellectual property and infrastructure; and other important factors discussed under the caption "Risk Factors" in Wallbox’s final prospectus on Form 424(b)(3) filed with the
These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any forward-looking statement that
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