Wallbox expands North American presence to support growing customer demand
New facilities and strategic partnerships across the U.S. and Canada to enhance operational excellence
Mountain View, CA - May 26, 2022 - Wallbox (NYSE:WBX),a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced continued expansion in the North American market through strategic partnerships and the opening of new facilities across the region.
After successfullylaunching in Canada earlier this year, Wallbox is forming key relationships with multinational companies within the region and building out its operations in Ontario.
Wallbox recently announced the expansion of its existing partnership with Uber to simplify the transition to EVs for rideshare drivers using Uber in Canada.Uber drivers across Canada will soon have access to Wallbox’s discounted EV charging package which includes a Pulsar Plus, Wallbox’s worldwide best-selling charger, and installation service.
Wallbox has begun selling on Best Buy’s online retail platform in Canada, offering smart EV home chargers and meet the growing demands of their customers looking to make the transition to a more electric lifestyle. The retailer is expected to sell the 40 Amp and 48 Amp version of Wallbox’s best-selling charger worldwide, Pulsar Plus.
Wallbox also announced the opening of a new warehouse in Mississauga, Ontario. The Canadian facility is expected to provide full logistics services, including warehousing, inventory management and transportation services.
New U.S. Warehouse Facility
Wallbox announced the addition of a new warehouse facility in Burlington, NC. The facility on the East Coast is expected to support the Company's existing facility in Bloomington, CA on the West Coast. These two facilities have been strategically chosen so that Wallbox can be well positioned to reduce transit times and freight costs for customers across North America.
“This facility will be even more important once our new factory in Arlington is operational, which is expected to happen later this year. With a warehouse in North Carolina, a warehouse in California and a facility in Texas, we believe we will be in a great position to service the continental U.S. territory in under 72 hours,” said Oriol Riba, chief operations officer at Wallbox.
The opening of the Burlington facility comes on the heels of Wallbox’s recent announcement of its first U.S.-based EV charger manufacturing facility in Arlington, TX. The 130,000 square-foot high-tech plant is expected to have enough capacity to fully support Wallbox's expansion plans in North America over the next decade. Wallbox is expecting to begin production within the facility by early fall 2022. Initial construction is planned to allow the EV charger and energy management company to manufacture over 250,000 units in 2022, andover 500,000 by 2025.
“Our North American expansion is reflective of our ambitious global growth strategy,” said Douglas Alfaro, General Manager of Wallbox, North America. “With the growth of our warehouse network, we believe we will be able to optimize fulfillment and service customers more quickly and efficiently. The new warehouse facilities, coupled with our Uber and Best Buy partnerships, further strengthen our footprint across the region.”
About Wallbox Chargers
Wallbox is a global company, dedicated to changing the way the world uses energy in the electric vehicle industry. Wallbox creates smart charging systems that combine innovative technology with outstanding design and manage the communication between vehicle, grid, building and charger. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public and public use in more than 100 countries. Founded in 2015, with headquarters in Barcelona, Wallbox’s mission is to facilitate the adoption of electric vehicles today to make more sustainable use of energy tomorrow. The company employs approximately 1,000 people in Europe, Asia, and the Americas.
For additional information, please visit www.wallbox.com.
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