Wallbox and Osprey Partner to Expand Reliable Public Charging in the UK
November 06 2023 - 8:10AM
Business Wire
- The commercial agreement will begin with the installation of
125 of Wallbox’s Supernova DC rapid chargers at Osprey low-voltage
connection stations
- On average a Supernova will save 60.8 tons of CO2 over its
lifecycle.
Wallbox N.V. (NYSE: WBX), a leading provider of electric vehicle
(EV) charging and energy management solutions, has announced a
strategic partnership with Osprey, one of the UK’s largest and
leading rapid EV charging networks. The collaboration will begin by
expanding the Osprey network with 125 units of Wallbox’s Supernova
DC rapid charger coupled with WBX care program; offering
preventative and corrective maintenance to their Supernova
fleet.
Charge point availability and reliability are both crucial for
consumer confidence in making the switch to electric vehicles.
Wallbox’s Supernova rapid charger uses a modular design with a
simple user-centric experience and payment process. This ensures
that EV drivers get ease of use and a high standard of reliability,
whilst charge point operators can scale the units easily to improve
availability.
Both Wallbox and Osprey are committed to developing and
deploying this reliable public charging at scale to accelerate the
transition to zero-emission transport.
“We are excited to partner with Osprey to offer EV drivers
across the UK access to a reliable DC charging network,” said Phil
Bond, DC Key Account Manager UK+IE. “Designed to fit into a wide
variety of locations, the first 125 Supernova rapid chargers will
be deployed in more than 15 locations across the UK.”
“Our partnership with Wallbox enables us to increase the number
of rapid chargers we can easily install at locations with
low-voltage connections,” said Lewis Gardiner, Head of Operations,
Osprey Charging Network. “Wallbox’s Supernova rapid charger meets
our needs for power availability, ease of installation and
maintenance, while offering the seamless experience we expect as
standard for our customers.”
The first chargers installed as part of this collaboration
recently went live at Towneley Garden Centre, Burnley.
About Wallbox
Wallbox is a global technology company, dedicated to changing
the way the world uses energy. Wallbox creates advanced electric
vehicle charging and energy management systems that redefine the
relationship between users and the network. Wallbox goes beyond
charging electric vehicles to give users the power to control their
consumption, save money and live more sustainably. Wallbox offers a
complete portfolio of charging and energy management solutions for
residential, semi-public, and public use in more than 115 countries
around the world. Founded in 2015 in Barcelona, where the company’s
headquarters are located, Wallbox currently has offices across
Europe, Asia, and America. For more information, visit
www.wallbox.com.
About Osprey Charging Network
Osprey Charging Network is a UK-wide, rapid electric vehicle
charging network. Osprey fund, install and manage their network on
behalf of landlord partners and on their own land. The Osprey
network is built to be reliable and easy to use for all drivers.
All Osprey chargers accept contactless payment, App payments, RFID
payments and payment through all major third-party payment methods
including fleet cards. Every charging point is also powered by 100%
renewable electricity. More information on Osprey can be found at
ospreycharging.co.uk.
Forward Looking Statement
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. We intend such forward-looking statements to be covered by
the safe harbor provisions for forward-looking statements contained
in Section 27A of the Securities Act of 1933, as amended (the
“Securities Act”) and Section 21E of the Securities Exchange Act of
1934, as amended (the “Exchange Act”). All statements contained in
this press release other than statements of historical fact should
be considered forward-looking statements, including, without
limitation, statements regarding the private placement. The words
“anticipate,” “believe,” “can,” “continue,” “could,” “estimate,”
“expect,” “forecast,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “target,” will,”
“would” and similar expressions are intended to identify
forward-looking statements, though not all forward-looking
statements use these words or expressions. These statements are
neither promises nor guarantees, but involve known and unknown
risks, uncertainties and other important factors that may cause our
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 electric 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; impacts resulting from the
conflict between Russia and Ukraine; risks related to
macro-economic conditions and inflation; Wallbox’s reliance on the
third-parties outside of its control; risks related to Wallbox’s
technology, intellectual property and infrastructure; as well as
the other important factors discussed and incorporated by reference
under the heading “Risk Factors” in Wallbox’s Annual Report on Form
20-F for the fiscal year ended December 31, 2022, and as such
factors may be updated from time to time in its other filings with
the Securities and Exchange Commission (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. Any such
forward-looking statements represent management’s estimates as of
the date of 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.
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Wallbox PR Contact: Elyce Behrsin Global Head of Public
Relations press@wallbox.com Wallbox Investor Contact: Matt
Tractenberg VP, Investor Relations Matt.Tractenberg@wallbox.com +1
404-574-1504
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