Spain’s Minister of Industry, Trade and Tourism visits Wallbox
6 minutes
During her visit, the Minister had a first-hand look at Wallbox’s new fast public charger – the Supernova, was given a tour of one of the factories where these chargers are manufactured and learned about the company’s expansion plans for the next two years.
Barcelona, 19 October 2020. Wallbox, the leading energy management company and manufacturer of smart charging solutions for electric vehicles, received a visit from Spain’s Minister of Industry, Trade and Tourism, María Reyes Maroto, at their headquarters in Sant Andreu de la Barca, Barcelona.
During her visit, the Minister was interested in the production lines of Wallbox’s residential and semi-public chargers that are currently distributed in the European market, and that will soon be distributed in the North American market from November 2020.
The Minister also visited one of Wallbox’s research and development (R&D) laboratories, where its team develops concepts, prototypes and new product tests. Wallbox develops its products using its own technology, a strength that has enabled the company to reach optimal development efficiency with more than two products launched per year since its first product launch back in 2016. Wallbox invests up to 50 percent of its budget in R&D and has a complete structure of laboratories, equipment and a production plant.
The highlight of the visit was the live demonstration of the Supernova prototype, Wallbox’s first fast public charger, which was announced 10 days ago. Compared with current market options, the Supernova charger is more technologically advanced and cost-effective, and will see Wallbox invest €5 million into its production over the next two years, with a new factory set up for this purpose. By 2021, Wallbox expects the Supernova charger to make up 30 percent of its turnover.
“We’re proud that the products we develop and export all over the world are receiving worldwide recognition for their technology and innovation. We want to become a European hub for accelerating electric mobility and renewable energy management in the coming years, which is why we’ll continue to invest more and more in research, development and production, strengthening our position as a leader in this sector.”
Enric Asunción Chief Executive Officer and co-founder of Wallbox
Lastly, Wallbox executives presented the Minister with the company’s growth plans for the next two years, which include the development of new public and private charging systems, as well as sustainable energy technologies. Wallbox plans for these projects to involve the expansion of production lines, opening of an R&D centre and creation of 600 new jobs over the next two years.
About Wallbox
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 and semi-public use in more than 60 countries, and soon will begin commercializing public charging solutions as well.
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 over 500 people in Europe, Asia, and the Americas.
