MELBOURNE, July 1 2022 — Wallbox (NYSE: WBX), a leading provider of electric vehicle (“EV”) charging and energy management solutions worldwide, is pleased to announce a new commercial agreement with One Stop Warehouse (“OSW”), Australia’s largest solar distributor. The announcement comes just after Wallbox also announced the inauguration of its new commercial office in Melbourne, CBD, Australia, the Company’s second office in APAC after Shanghai.
Signed on June 2nd, 2022, the partnership delivers a complete range of EV charging and energy management solutions to customers in Australia. OSW will be offering a complete turn-key solution to customers, consisting of a solar panel, inverter, power metre and Wallbox’s EV charger, which will enable customers to utilise Wallbox’s Eco-Smart feature. Eco-smart allows users to charge their car using solar power, either as the only source of power or by using excess solar in combination with grid power.
Australia has the highest per capita uptake of solar power globally, with around 30% of homes having rooftop pv solar installations as well as having one of the highest shares of electricity production from solar, close to 12%. The charging solutions offered through the partnership will help to unlock Australia’s $8.9 billion EV market through integrated household solar and battery systems, that change the way Australians see household energy.
OSW is fast becoming one of Australia’s most respected companies with its commitment towards understanding installer needs and appreciation of retailer requirements. Wallbox will provide the required training and educational resources to OSW’s staff and customers to ensure a simple transition to home EV charging.
Reece Davis, Country Manager ANZ at Wallbox, said:“We are delighted to have signed this major contract with Australia’s leading solar product distributor. This is the first solar solutions partnership we have entered into in this market and it marks a positive step forward as we enable more and more customers to harness the power of solar energy and EV charging.
“The company’s global influence continues to grow and Wallbox now has commercial offices in 12 countries. We are particularly excited to open our first office in ANZ, one of the leading countries in terms of rooftop solar and PV technology.”
Usama Aslam, Product Manager at One Stop Warehouse, said: “At OSW we are always exploring opportunities to increase revenue streams whilst staying ahead in the industry to find the latest technological solutions for our solar customers. Our research shows Australia being on the cusp of an EV boom. We believe it is the right time to add the EV Product in our portfolio.
“OSW looks forward to contributing to the market using our reach and data driven customer centric sales approach. OSW has partnered with Wallbox to build a solid foundation and trust in this leading technology to grow our businesses together and deliver a One Stop Solution to our customers.”
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 users’ relationship to the grid. Wallbox goes beyond electric vehicle charging 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 100 countries.
Founded in 2015 and headquartered in Barcelona, the company now employs approximately 1000 people in its offices in Europe, Asia, and the Americas.
About One Stop Warehouse
One Stop Warehouse (OSW) is Australia’s largest Solar Distributor stocking everything from PV Panels, Inverters, Solar Storage options to racking, components and electrical has helped ensure OSW is the ONE STOP for Australia’s solar needs.
OSW shares the dream of many Australians – to reduce the carbon footprint, drive sustainability and create savings. OSW motto is “Be Clean – Be Green”. As one of the fastest growing wholesalers we have made great progress in this dream, receiving multiple awards and commendations. Most recently being Listed amongst the top 500 privately listed companies, and recognised as one of Australia’s fastest growing 100 companies in the Australian Financial Review Fast 100 list 2018,i nominated for CEO Magazine and EY Entrepreneur of the Year 2021.
With Offices and warehouses based in 5 states throughout Australia – and continuing to grow.