- Atlante, which recently was selected to receive a € 49.9
million grant from the EU, aims to install 5,000 fast-charging
points by 2025 and over 35,000 by 2030 across Spain, Italy, France,
and Portugal.
- Atlante has chosen Wallbox as a preferred partner in the
project due to its production capacity and global leadership in the
manufacturing of superfast chargers for EV.
- Atlante aims to create the first public electric vehicle
charging network 100% powered by renewable energy sources.
Wallbox (NYSE: WBX), a leading provider of electric vehicle
(“EV”) charging and energy management solutions worldwide, and
Atlante, a company of NHOA Group (NHOA.PA, formerly Engie EPS)
dedicated to creating the largest fast and ultra-fast charging
network for electric vehicles in Southern Europe, have joined
forces to develop new public charging points in Italy, France,
Spain, and Portugal.
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Atlante has chosen Wallbox as a preferred
partner for the installation of their fast charging network due to
its production capacity and global leadership in the manufacturing
of superfast chargers for EV. (Photo: Business Wire)
Both companies have a long-standing commitment to promoting
sustainability and technological innovation in the field of
electric mobility and have now further strengthened their
collaboration. The partnership with Wallbox will enable Atlante to
speed up its ambitious project of installing 5,000 points of charge
by 2025 and 35,000 by 2030, all of them 100% enabled by renewables
and backed by storage and photovoltaic canopies, where
possible.
Atlante’s fast-charging stations will be equipped with Wallbox's
public charger Supernova, both in its 60 kW version and the latest
150 kW version. They will be strategically positioned along the
primary transportation arteries linking Southern Europe, in strict
compliance with the recently ratified legislation by the European
Parliament. This legislation stipulates the requirement of
establishing at least one charging point per 60 kilometers on the
core road network of the European Union, and one for every 100
kilometers on the Trans-European network. Additionally, Atlante
will install charging stations in parking lots and strategic urban
areas.
Wallbox and Atlante have been collaborating since 2022, when the
Italian company chose Wallbox as a key partner for the installation
of superfast charging points in its home country, Italy. The
Milan-based company already has over 3,500 charging points online
and under construction, and thanks to technological partners like
Wallbox, it has been able to streamline its project to establish
the largest network of fast and ultra-fast public charging in
southern Europe. In 2022 and 2023, the company was selected to
receive approximately €73 million of grants from the European Union
under the CEF 2 Transport – Alternative Fuel Infrastructure
Facility program, a funding initiative supporting European
transport infrastructure.
As a public charging operator and a strong focus on
sustainability, Atlante has chosen Wallbox as its partner due to
the extensive range of solutions provided by the Spanish company.
Wallbox's leadership in the EV charging market and its production
capacity have positioned the company as the ideal partner to
execute Atlante's project, since the company exclusively selects
suppliers who can ensure maximum reliability and offer an uptime of
over 95%, which is the case of Wallbox’s Supernova charger.
“We are excited to announce our collaboration with Atlante, a
strategic partner with whom we share a long-term vision, and with
whom we will provide our customers with the best possible electric
charging experience," says Enric Asunción, CEO and co-founder of
Wallbox. "Thanks to our common commitment to promoting the
widespread adoption of sustainable transportation, we aim to foster
a new energy paradigm based on collaboration and create a
pan-European public charging infrastructure, hoping that this
partnership will drive many other initiatives that will enhance the
consumer charging experience”.
“From the very beginning, we have believed in Wallbox's fast and
ultra-fast charging solutions, convinced of the seriousness of
Enric and his team's approach in conceiving and manufacturing
high-quality products designed specifically for our markets. We are
excited to have Wallbox as a partner in the ongoing technological
development of our charging solutions, and above all, in the shared
challenge of creating an increasingly extensive and accessible
charging network for as many EV drivers as possible in Southern
Europe. When it comes to hardware selection, we place the utmost
importance on the level of reliability and service quality,
ensuring users a straightforward and uncompromising performance
experience. Therefore, we exclusively use top-tier chargers and
have only a few selected partners like Wallbox, whose products
complement our offering in the fast-charging segment," states
Stefano Terranova, CEO of Atlante.
About Wallbox Chargers
Wallbox is a global company, dedicated to changing the way the
world uses energy in the electric vehicle industry. 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 100+ countries. Founded in 2015, with
headquarters in Barcelona, Wallbox’s mission is to facilitate the
adoption of electric vehicles today to make more sustainable use of
energy tomorrow. For additional information, please visit
www.wallbox.com.
About Atlante
Atlante is a company of NHOA Group (NHOA.PA, formerly Engie
EPS), global player in energy storage and e-mobility, which
develops technologies enabling the transition towards clean energy
and sustainable mobility, shaping the future of a next generation
living in harmony with our planet. Atlante is developing the
largest fast and ultra-fast charging network in Southern Europe,
100% enabled by renewables, energy storage and
vehicle-grid-integrated (VGI). It aims to install in Italy, France,
Spain and Portugal 5,000 fast and ultra-fast points of charge by
2025, and over 35,000 by 2030.
Operating since October 2021, Atlante has today more than 1,400
charging points online in its four countries with thousands more
under construction and development. Leveraging on the technological
heritage of the NHOA Group, including via collaboration with its
sister company Free2move eSolutions, Atlante is a preferential
network of the Stellantis automotive group and its customers.
Atlante stations are fully interoperable and can be accessed by
virtually any e-mobility app or charging card, and by any make and
model of electric vehicles.
Forward-Looking Statements
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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