NYSE: WBX | |
Founded | 2015 |
Founder | Enric Asunción Eduard Castañeda |
Headquarters | |
Number of employees | 1,400 (2023) |
Website | wallbox.com |
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]
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]
AC Propulsion is a San Dimas, California, USA company founded in 1992 by Alan Cocconi, Wally Rippel, and Paul Carosa, that specializes in alternating current-based drivetrain systems for electric vehicles. It offers AC-induction traction motors. The company produces electric vehicle drive systems featuring high performance, high efficiency induction motors and integrated high power battery charging. Previously, they built an electric sports car, the tzero and the eBox, an electric conversion based on the Scion XB. They also develop prototype electric vehicles for OEM customers.
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