Wallbox Expands North American Presence to Support Growing Customer Demand

Wallbox Expands North American Presence to Support Growing Customer Demand

May 26, 2022 by Business Wire Technology: Semiconductor News

Key Facts

  • MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--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.
  • “Our North American expansion is reflective of our ambitious global growth strategy” > > Tweet this Canadian Expansion After successfully launching 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.
  • These statements are neither promises nor 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 any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: Wallbox’s history of operating losses as an early stage company; the adoption and demand for electronic vehicles including the success of alternative fuels, changes to rebates, tax credits and the impact of government incentives; Wallbox’s ability to successfully manage its growth; the accuracy of Wallbox’s forecasts and projections including those regarding its market opportunity; competition; risks related to health pandemics including those of COVID-19; losses or disruptions in Wallbox’s supply or manufacturing partners; Wallbox’s reliance on the third-parties outside of its control; risks related to Wallbox’s technology, intellectual property and infrastructure; and other important factors discussed under the caption "Risk Factors" in Wallbox’s Annual Report on Form 20-F for the fiscal year ended December 31, 2021, as such factors may be updated from time to time in its other filings with the SEC, accessible on the SEC’s website at www.sec.gov and the Investors Relations section of Wallbox’s website at investors.wallbox.com.

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