- Wallbox ( NYSE: WBX ) said Wednesday it acquired COIL , an EV charging installation service in the U.S.
- Terms were not disclosed.
- The acquisition will allow WBX to offer partners including auto OEMs, utilities and dealerships in North America a one-stop shop for EV installation and maintenance services.
- COIL has a network of on-staff installation management teams and third-party installation partners across the U.S.
- WBX also said it expects production in its factory in Arlington, Texas to start this fall.
- The company also reported Q2 results .
For further details see:
Wallbox acquires EV charging installation service COIL