Two larger names in energy systems management have come together in a new deal that entails industry veteran Generac making a minority investment in Wallbox – a growing global supplier of EV chargers. Through the agreement, Generac will offer US customers Wallbox’s full lineup of charging solutions, including its bidirectional home DC unit.
Wallbox ($WBX) is a Spanish developer of “advanced electric vehicle charging and energy management systems that redefine the relationship between users and the network.” During its nearly nine-year tenure, the company has developed and delivered a suite of residential, commercial, and public EV charging solutions available in over 100 different countries.
In addition to EV chargers, Wallbox offers its customers energy management solutions, including its Power Boost dynamic load balancing system and Eco Smart, which enables solar EV charging at home.
As consumers and commercial fleets alike transition into electric mobility, the need to bolster and electrify existing infrastructure has …