Wallbox is launched in Canada | business thread

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Wallbox (NYSE: WBX), a leading global provider of electric vehicle (EV) charging and power management solutions, has announced that it will begin selling its best-selling charger in the world , Pulsar Plus, in Canada.

The announcement comes less than a year after the company’s successful entry into the US market in February 2021, where in its first three months on the market, Pulsar Plus became the best-selling charger on Amazon. Wallbox has started selling chargers in all provinces of Canada through Amazon.ca and B2B sales channels.

“Studies show that nearly seven out of ten Canadians intend to purchase an EV for their next vehicle purchase. As we see more and more EV charging happening at home, we have made the strategic decision to enter the market with our smart home EV charger, Pulsar Plus, which has been specifically tailored to the Northeast market. American,” said Douglas Alfaro, Wallbox General Manager, North America. “Canada represents the 84th global market for Wallbox and is an important step for our growth in North America. We look forward to supporting Canadians in their transition to sustainable transportation. »

Pulsar Plus (40A and 48A) – Wallbox’s best-selling home charger worldwide is compatible with all electric vehicles, including Teslas. Features include flexible amperage adjustment, Bluetooth and Wi-Fi connectivity, load scheduling, power sharing, and voice control via Amazon Alexa and Google Home. Both chargers come standard with myWallbox and can use the company’s home energy management features, Eco-Smart and Power Boost. Pulsar Plus is tested to Canadian and US standards by UL

Canadian customers will also be able to purchase Wallbox products directly from the Wallbox website starting in spring 2022.

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 the user’s relationship to the grid. Wallbox goes beyond electric vehicle charging to empower users to control 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 based in Barcelona, ​​the company today employs more than 700 people in its offices in Europe, Asia and America.

For more information, visit www.wallbox.com.

Wallbox forward-looking statements

This press release contains “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 in this press release that do not relate to historical facts should be considered forward-looking statements, including, without limitation, statements regarding Wallbox’s point of sale and load availability. In some cases, you can identify forward-looking statements by words such as “anticipate”, “believe”, “may”, “may”, “should”, “could”, “could”, “plan”, “possible, “”project”, “strive”, “budget”, “plan”, “expect”, “intend”, “will”, “estimate”, “predict”, “potential”, “continue” or the negatives of these terms or variations thereof or similar terminology, but the absence of these words does not mean that this statement is not forward-looking. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements.In addition, any statement or information that refers to expectations, beliefs, plans, projections , objectives, performances or other characterizations of events or circ Future forecasts, including any underlying assumptions, are forward-looking.

These forward-looking statements are based on management’s current expectations and beliefs. These statements are not promises or 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 the results, performance or future achievements expressed or implied by the forward-looking statements. statements, including, but not limited to, the factors discussed under “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, available on the SEC’s website at www.sec.gov and in the Investor Relations section of the website of Wallbox at investor.wallbox.com.

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