– SPAIN, Barcelona – Wallbox, the Barcelona, Spain-based manufacturer of smart electric vehicle charging solutions, today announced the closing of €33 million financing round led by new investors Cathay Innovation and WIND Ventures alongside existing investors Iberdrola and Seaya Ventures, and others also participating.
The new funds will finance strategic growth initiatives including the opening of new offices globally, expansion of manufacturing and R&D facilities, and the hiring of more than 400 new employees.
The company also announced the arrival of Pulsar Plus, the company’s first home EV charger for North America.
The onboard computing capability of Pulsar Plus–in combination with the myWallbox app and Bluetooth connectivity–makes Pulsar Plus unique among other smart chargers in the marketplace. Charger functions are managed locally–not in the cloud–allowing users to access and control the smart features of the charger even when an active Wi-Fi connection is not available.
Based on the company’s best-selling charger in Europe, Pulsar Plus is an entirely new charger built with features specifically for the North American EV market.
Pulsar Plus is the smallest available smart home EV charger in North America capable of 48Amp (11.5kW) charging. Standout 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 Assistant. Both versions come with a 25-foot charging cable and include a specially designed cable management holster.
“We’re excited to bring Pulsar Plus to the U.S. at a time when both the EV market and interest in EV charging at home is growing and accelerating,” said Douglas Alfaro, general manager of Wallbox North America. “As a company, our mission is to rapidly accelerate the transition to efficient and sustainable transportation worldwide, and with the launch of Pulsar Plus, we hope to contribute to the momentum of EV adoption across North America.”
Wallbox was founded in 2015 by Enric Asunción and Eduard Castañeda. Wallbox designs develops and manufactures intelligent charging solutions for electric vehicles and plug-in hybrids for both home and business use. Its customers include major automobile manufacturers and large electricity utilities. Research, technical development, product testing, and manufacturing are all carried out at the company’s Barcelona headquarters, where Wallbox has a large engineering team. Wallbox currently has subsidiaries in Germany, United Kingdom, The Netherlands, France, United States (Silicon Valley), and China. Its joint venture in China, Wallbox FAWSN Charging Systems Co Ltd., has a production plant exclusively for the sale of Wallbox products in the Chinese market.
For more information: https://wallbox.com/en_uk/
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