Wallbox Expands North American Presence to Support Growing Customer Demand
Wallbox (NYSE:WBX), a global front-runner in the provision of electric vehicle (EV) charging and energy management solutions, has made a significant announcement today. The company is set to further its reach in the North American market in response to the growing demand for EV infrastructure. This ambitious expansion involves the forging of strategic partnerships, along with the establishment of new facilities across the region. The move underscores Wallbox’s commitment to empowering sustainable transportation and fostering a future where EVs are the norm.
Canadian Expansion
Following its successful launch in Canada earlier this year, Wallbox is now intensifying its efforts to establish a firm foothold in the region. Strengthening key relationships with multinational companies and expanding its operations in Ontario, Wallbox aims to become a dominant player in the EV charging market. One of the key initiatives is the expansion of Wallbox’s existing partnership with ride-hailing giant Uber. This move is aimed at facilitating the transition of Uber’s rideshare drivers to EVs in Canada. As part of this initiative, Uber drivers across the country will receive access to Wallbox’s discounted EV charging package, which includes the Pulsar Plus, Wallbox’s globally best-selling charger, along with an installation service.
In a bid to tap into the online retail space, Wallbox has also started selling through Best Buy’s online platform in Canada, offering smart EV home chargers to meet the growing consumer demand for electric lifestyle solutions. Best Buy is expected to retail the 40 Amp and 48 Amp versions of Wallbox’s globally best-selling charger, Pulsar Plus.
As part of its operational expansion, Wallbox announced the opening of a new warehouse in Mississauga, Ontario. The Canadian facility is set to provide comprehensive logistics services, including warehousing, inventory management, and transportation. This strategic expansion underscores Wallbox’s commitment to being at the forefront of the EV revolution, providing cutting-edge charging solutions to customers across the globe.
New U.S. Warehouse Facility
In a significant move to bolster its presence across North America, Wallbox recently announced it is establishing a new warehouse facility in Burlington, North Carolina. This East Coast location has been strategically chosen to collaborate efficiently with the existing facility in Bloomington, California on the West Coast. This two-pronged approach, spanning both coasts, positions Wallbox in a formidable place to reduce transit times and freight costs for customers across the entire North American landscape. The new facility is a clear demonstration of Wallbox’s commitment to optimizing logistics and ensuring that high-quality, efficient EV charging solutions are more accessible and affordable for consumers nationwide.
“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.
Hot on the heels of their other strategic moves, Wallbox recently announced the establishment of its first U.S.-based EV charger manufacturing facility located in Arlington, TX. Measuring 130,000 square feet, this high-tech plant is equipped to fully support the ambitious expansion plans that Wallbox has laid out for North America over the next decade. Production within this facility is slated to begin by early fall 2022. The initial construction phase has been specifically designed to allow the EV charger and energy management company to manufacture over 250,000 units in 2022, and this number is projected to skyrocket to over 500,000 by 2025. With this robust infrastructure, Wallbox continues to prove its steadfast commitment to fostering an environment-friendly future by making efficient EV charging solutions widely accessible.
“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.”
