Designs and manufactures smart home and commercial EV charging solutions with bidirectional V2G capabilities. NYSE-listed Spanish company with products sold in 100+ countries and a growing commercial segment. Pioneering affordable bidirectional charging with its Quasar product, enabling EVs to power homes and feed energy back to the grid.
Key Milestones
Founded in Barcelona, Spain by Enric Asuncion (ex-Tesla) and Eduard Castaneda; founders pitch as a design-led residential alternative to industrial-grade ABB/Schneider chargers
Launches Quasar 1, the world's first bidirectional V2H DC home charger - fits in a residential garage and discharges back to the home from CHAdeMO Nissan Leafs; pioneering bidirectional V2H years ahead of Ford F-150 Lightning's home-backup launch
Lists on NYSE via SPAC merger with Kensington Capital Acquisition Corp II at $1.5B equity valuation; first European charging hardware company on NYSE
Opens first US factory in Arlington, Texas (130,000 sq ft, $70M investment) targeting 250,000 units/year; locks in eligibility for IRA 48C tax credits
Launches Supernova 180 kW DCFC at CES; first Wallbox ultra-fast public charger, designed in Europe and built at Arlington, Texas for IRA-compliant US site sales
Generac strategic investment of $50M; commercial agreement bundles Wallbox L2 + Quasar 2 with Generac home backup generators - WBX gets US distribution into Generac's electrician channel
Awarded $5.2M IRA 48C tax credit by US DOE/IRS for Arlington, TX factory expansion; second EVSE manufacturer (after EvoCharge) to qualify - lets Wallbox stack credits on Generac partnership
Crosses 1M chargers shipped across 100+ countries since founding; reaches landmark a year after restructuring as company narrows focus on residential L2 + Quasar 2