Wallbox Announces Six Month Milestones in The Acquisition of ABL, A German Leader in EV Charging

Wallbox, a global leader in electric vehicle (EV) charging and energy management solutions, announced a number of key strategic milestones since their acquisition of ABL, an industry pioneer and German leader in EV charging. The integration of ABL into the Wallbox Group has already yielded encouraging results that will strengthen both companies' ability to support the EV transition.

"We are immensely proud of what we have achieved in the first six months following Wallbox’s acquisition of ABL," said Jaume Ferre, Co-CEO of ABL and CTO of Wallbox. "The synergies between our companies have allowed us to move forward quickly with product integrations. We only expect this cadence to continue and to strengthen our ability to set new standards for innovation, reliability, and customer experience."

Ferdinand Schlutius, Co-CEO of ABL, echoed this sentiment, stating, "The past six months have been a testament to the power of collaboration and having a shared vision. Together with Wallbox, we have already been able to reach important strategic milestones that not only strengthen our position in the market, but also give customers across Europe access to our state-of-the-art solutions."

Key Milestones:

• The launch of the ABL Pulsar: The launch of the ABL Pulsar marks the first joint product from the acquisition. This innovative charging solution, which is based on Wallbox’s worldwide best-selling charger, Pulsar Plus, has been designed specifically to meet the unique needs of the German home-charging market. The charger is now available to customers throughout the DACH region.
• Cross-selling to Wallbox customers: Wallbox launched the eM4 across Europe in March. The eM4, is a state-of-the-art EV charger designed by ABL, specifically for commercial and shared spaces such as fleets, public parking, workplaces and condominiums.
• Joint participation in Light + Building Trade Show in Frankfurt, Germany: ABL made its presence felt at Light + Building, the first major trade show attended since its incorporation into the Wallbox Group. This trade show, which received over 151,000 visitors from around the world, provided an excellent opportunity to showcase the ABL Pulsar and the Group’s cross-selling strategy.
• Co-development of a fast charging solution: ABL and Wallbox plan to launch a Supernova fast charger for public application in the German market. Given ABL’s extensive experience in German product compliance and Wallbox’s success developing reliable DC fast chargers, the Group expects to launch a DC fast charger in Germany later this year.
• Integrated sales efforts: Wallbox and ABL have consolidated their DACH sales strategy. Led by ABL’s experienced team, the regional sales strategy leverages the Group’s strong combined portfolio, which covers the majority of the market's needs.

The integration of ABL into the Wallbox Group is another example of effective and continuous consolidations within the EV charging industry. ABL is the fourth company to join the Wallbox Group, and is complementary to previous acquisitions. Both Wallbox and ABL remain committed to driving forward the electrification of transportation and empowering individuals and businesses to embrace sustainable mobility solutions.