STARTUP PROFILE

Wallbox

Updated: 05/2018

Wallbox

Spain / Barcelona , Spain

Website

Angel/Seed 05/2017

Pitch

Ex-Tesla manager is one step away from creating the next Spanish unicorn - developing the smallest and most advanced chargers for electric and hybrid vehicles.

Why

Shortage of infrastructure

Long charging time needed and lack of charging stations deter buyers of EV vehicles.

High energy consumption

Electric vehicles are an expensive option if energy consumption is not optimised.

Market

$103.3 billion

Global EV market value in 2016, projected to reach US$351 billion by 2023. China and USA accounted for over half of the 550,000+ EV vehicles sold in 2015.

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