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Wallbox Announces Nationwide Partnership with City Electric SupplyWallbox (NYSE:WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced a partnership with City Electric Supply (CES). Under this partnership, the family-owned electrical wholesale distributor has officially started to sell the 48 Amp version of Wallbox's award-winning smart home EV charger, Pulsar Plus, along with its Smart Power Meters and Pedestals online and in over 535 stores nationwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220330005429/en/ "We are excited to team up with City Electric Supply and support them in their mission of becoming the go to destination for EV charging equipment for residential and commercial customers and installers," said Douglas Alfaro the General Manager of Wallbox North America. "Our Pulsar Plus, Smart Power Meter and Pedestal are holy grail products designed to meet the evolving needs of the EV customers and smart home builders." Pulsar Plus 48A is compatible with all EVs and can charge powerful models on the market such as Tesla Model Y, Ford Mustang Mach-E, VW ID.4, Porsche Taycan. The Smart Power Meter is rated NEMA-4 for extreme weather events, ideal for outdoor installations. Features include flexible amperage setting, Bluetooth and Wi-Fi connectivity, charge scheduling, power sharing, the myWallbox app, and voice control via Amazon Alexa and Google Home. "Partnering with a reputable leader in the EV space, like Wallbox, advances our commitment to provide sustainable options to our customers nationwide," said Thomas Hartland-Mackie, CES President and CEO. "We're thankful to team up with a company that shares in our goal to provide easy access to renewable energy equipment and Wallbox's award-winning products speak for themselves." Pulsar Plus can be paired with Wallbox's Smart Power Meter to unlock a full suite of energy management solutions such as Eco-Smart and Power Boost. This is intended to offer users increased control and flexibility over their charging, while also making the EV charger future-ready for all software upgrades without needing additional hardware. Wallbox's EV Charging Pedestal is a support accessory for the installation of Pulsar Plus and provides an elegant solution for standing charging stations at any parking space at homes or businesses. Pulsar Plus 48A, Smart Power Meter and EV Charging Pedestal are available for purchase online at https://www.cityelectricsupply.com/ and in-store at more than 535 retail locations across the United States. Pulsar Plus is also eligible for most federal, state, and local tax credits and rebates where available, including the U.S. fedral tax credit for up to 30% of total equipment and installation costs up to $1,000.
About Wallbox Chargers
About City Electric Supply
Wallbox Forward Looking Statements
These forward-looking statements are based on management's current expectations and beliefs. 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 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, accessible on the SEC's website at www.sec.gov and the Investors Relations section of Wallbox's website at investors.wallbox.com. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any forward-looking statement that Wallbox makes in this press release speaks only as of the date of such statement. Except as required by law, Wallbox disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise. ###
View source version on businesswire.com: https://www.businesswire.com/news/home/20220330005429/en/ |