Wallbox to Expand Its Digital Presence to Showcase Its Electric Vehicle Charging Technology and Innovation Trends at CES 2022

Rhea-AI Summary

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.

Positive

• Introduction of Copper 2 and Quasar 2 EV chargers, catering to business and residential needs.
• Copper 2 targets business charging with 22kW power, addressing market demand.
• Quasar 2 offers innovative backup power functionality for homes during outages.
• Increased digital presence expands reach and engagement with consumers.

Negative

• None.

• Wallbox is introducing two new EV chargers, in addition to showcasing its extensive portfolio of EV charging and energy management solutions at CES2022

• The company has increased its overall digital presence to ensure the experience is available to those unable to attend in person, including an online virtual reality simulation of its innovations for viewers at home

LAS VEGAS--(BUSINESS WIRE)-- Wallbox (NYSE:WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, announced the expansion of its digital presence of CES to bring CES2022 and its innovations to the living rooms of technology enthusiasts around the world.

As part of its digital campaign the company has transformed the in-person immersive experience available at its 3000 square feet booth at CES into a virtual reality (VR) and 360 degree experience that can be viewed for free on their Youtube channel. The VR experience showcases the scope of technology and innovation that Wallbox is presenting in person at CES and is designed to allow people to see how its next generation technology can change the user's day-to-day life.

“Innovation can be hard to explain in words, so we really wanted to show people what we are doing. Our virtual reality experience allows people to understand how these relatively new technologies like vehicle to home (V2H) or sustainable energy management work in real life situations.” said Bárbara Calixto, CMO of Wallbox.

The company also plans to produce daily content to share more of what’s happening at the show with home viewers. Part of this content will be dedicated to presenting the two latest pieces of hardware being unveiled at the event.

Copper 2 - Wallbox will present its latest Business charger for the European market. With 22kW charging power, Copper 2 has been rigorously designed to close the gap in business charging needs, bringing a new take on Business EV charging. The new charger addresses companies’, installers’ and drivers’ need for more robust and reliable chargers, that are user-centric and come with energy management, installation and maintenance options. Copper 2 is expected to begin production in Q3 2022.

Quasar 2 - the latest generation of its bidirectional home charger designed specifically for the North American market. As well as enabling EV owners to charge and discharge their electric vehicle to power their home or the grid, Wallbox’s latest innovation is designed to give EV drivers the ability to isolate their home from the grid and use their EV for backup power during a blackout.

“Wallbox continues to innovate pioneer technologies that make it easier for consumers all over the world to choose and adopt electric driving and the use of renewable energy in their daily lives. Quasar 2 and Copper 2 are our latest products designed to respond to the needs we anticipate as millions of people are expected to make this transition,” said Enric Asunción, CEO and co-founder of Wallbox. “We want to get people excited about our technology and show them how it is changing the way the world uses energy”

Through their digital content, the company will also give viewers insight into the design process behind Wallbox products, for which the company has been presented with many awards, including at CES2020. The company also plans to offer a tour of some of the hottest trends in the electric vehicle space at CES this year.

“CES is an opportunity for the tech community to showcase where technology is headed,” said Barbara Calixto, Chief Marketing Officer for Wallbox. “It’s an important event globally, and we wanted to ensure that we could share the experience with as many people as possible and get them excited for the future of EV charging and energy.”

Where to find Wallbox

Viewers can see Wallbox’s product unveilings, a guided tour of their booth and more through their official Youtube channel, Linkedin, Twitter, Instagram, and their CES2022 landing page.

For those attending CES2022 in person, Wallbox can be found in the West Hall 6627 of the Las Vegas Convention Center.

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 users' relationship to the grid. Wallbox goes beyond electric vehicle charging 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 80 countries.

Founded in 2015 and headquartered in Barcelona, the company now employs over 700 people in its offices in Europe, Asia, and the Americas.

For additional information, please visit www.wallbox.com.

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 content to be produced during the CES. 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 the factors discussed under the caption "Risk Factors" in Wallbox’s final prospectus on Form 424(b)(3) filed with the SEC on November 12, 2021, as such factors may be updated from time to time in its other filings with 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.

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 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/20220105005694/en/

Sara Long

Spark for Wallbox

wallbox@sparkpr.com

Source: Wallbox

FAQ

What new products did Wallbox showcase at CES 2022?

Wallbox introduced two new EV chargers at CES 2022: Copper 2 for business charging and Quasar 2 for residential use.

What is the significance of the Copper 2 charger?

Copper 2 is designed with 22kW charging power specifically for the European market, catering to business charging needs.

How does the Quasar 2 charger benefit homeowners?

Quasar 2 allows EV owners to provide backup power for their homes during blackouts by isolating from the grid.

How is Wallbox enhancing its digital presence at CES 2022?

Wallbox is offering a virtual reality experience to showcase its innovations and engage viewers unable to attend in person.

What is Wallbox's plan for content during CES 2022?

The company plans to produce daily content highlighting its innovations and the latest industry trends during CES 2022.