Wallbox

Last updated
Wallbox
NYSE:  WBX
Founded2015
FounderEnric Asunción
Eduard Castañeda
Headquarters
Number of employees
1,400 (2023)  OOjs UI icon edit-ltr-progressive.svg

Wallbox is a smart electric vehicle charging and energy management provider which designs, manufactures and distributes electric vehicle charging technologies. [1] [2] [3] [4] [5]

Contents

History

Wallbox was founded in Barcelona, Spain by Enric Asunción and Eduard Castañeda in 2015 initially using the name Wall Box Chargers. In 2017, Wallbox came first in South Summit, a European startup competition. Wallbox then came in third place at the Startup World Cup in May 2018. In October 2019, Wallbox created Quasar, the world's first bidirectional charger for the residential segment. [6] [7] [8] [9] [10] Quasar was named the Best of Consumer Electronics Show in January 2020. [11] [12]

On June 9, 2021, Wallbox announced a merger with the special-purpose acquisition company Kensington Capital Acquisition Corp. II. The company will raise about $330 million from a range of investors, including Janus Henderson Investors, Luxor Capital, Cathay Innovation and Kensington Capital Partners. The deal closed on October 4, 2021. Wallbox's shares are listed on the New York Stock Exchange under the symbol WBX. [13] [14] [15] [16]

During Super Bowl LVI, Wallbox was the first electric vehicle charging company to ever run an ad during the game. [17]

In October 2023, it was announced Wallbox had acquired the Lauf an der Pegnitz-headquartered smart electric vehicle charging and energy management company ABL GmbH for € 15 million. [18]

Awards

Related Research Articles

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References

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