Wallbox Inc

Wallbox Inc Overview

Company Headquarters: Barcelona, Spain

Founded: 2015

Workforce: ~600

Company Working: Wallbox Inc (Wallbox) offers smart electric vehicle charging as well as energy management. The company develops charging systems that combine innovative technology with advanced design and manages the communication between vehicle, user, building, grid, and charger. Wallbox design, manufacture, and distribute charging solutions for business, residential, as well as public use. Furthermore, the company also offer software, hardware, and service. The company's presence is in Europe, the Middle East, North America, and Asia-Pacific.

Strategy

Wallbox aims to be a world leader in innovative EV charging system that is sustainable and commercially competitive. It enhances its production efficiency and improves its product portfolio by bringing innovation to its products and technology. Wallbox focuses on addressing customers' needs in North America and becoming a highly trusted brand. The company also focuses on developing products in the fields of home EV charging systems, commercial EV charging systems, and public EV charging systems.

Company Snapshot

$8.7M

Revenue

600

Employees

2015

Founded

Barcelona, Spain

Headquarters

SWOT Analysis

Strengths

Strong global brand recognition
Strongly positioned in the electric mobility market

Weaknesses

Global economic condition

Opportunities

Rapidly growing EV market
Scope for offering customized EV charging stations

Threats

Highly fragmented market
EV charging solution in Asia is cost competitive

Key Developments

Date	Approach	Development
September 2021	Product Launch	Wallbox Inc has launched Hypernova, the company's fastest and most sophisticated public charging station.
October 2020	Product Launch	Wallbox Inc launched Supernova, a fast public charger with 65 KW power. Supernova has optimized its internal design to make it light as well as easy to install by integrating multiple elements of Wallbox Inc.
January 2022	Product Launch	Wallbox Inc has introduced Quasar 2, the advanced generation of its bidirectional home charger, which is designed for the North American region.
September 2022	Partnership	Wallbox Inc and Fisker Inc have partnered to offer Fisker electric vehicle owners Wallbox home electric vehicle chargers in Canada, the US, and European markets.
August 2022	Partnership	EVmatch partners with Wallbox Inc, which will focus on increasing charging accessibility as well as choice for electric vehicle drivers
February 2022	Partnership	Uber has expanded its partnership with Wallbox for the pilot project in the US. The partnership will help the drivers by making EV charging affordable as well as accessible for Uber drivers.

Product Offering

Wallbox Inc
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Financial Performance

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