Wallbox (NYSE:WBX), a Barcelona, Spain-based provider of electric vehicle (EV) charging and energy management solutions, acquired Coil, Inc., an EV charging installation service in the U.S.
The move will allow Wallbox to offer key partners including Auto OEMs, Utilities and Dealerships in North America a one-stop shop for EV installation and maintenance services. Wallbox also anticipates production to begin in their recently announced factory in Arlington, Texas this fall.
Led by Bobby Penn, Founder and General Manager, Coil has a nationwide presence in the United States, consisting of a network of on-staff installation management teams, and third-party installation partners. Its service offerings include:
- Residential and Commercial Level 2 EV Charger Installation
- Level 3 DC Fast Charging Installation
- Electrical Engineering Services and Solution Design
- Utility Coordination
- Incentives Management and Consulting Services
- A Growing Network of Nationwide Installation Partners
- Software Enabled EV Quoting and Customer Management Tool, COIL iQ.
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, semi-public and public use in more than 100 countries. Founded in 2015, the company employs approximately 1,100 people in Europe, Asia, and the Americas.
FinSMEs
11/08/2022