Wallbox rallies after supporting Tesla's NACS electric vehicle charging standard
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Wallbox N.V. (NYSE:WBX) announced on Monday that the company will incorporate the option for North American Charging Standard connectors into its DC Fast Charger, Supernova. The Barcelona-based company said it is dedicated to accelerating the adoption of electric mobility through seamless and convenient charging experiences, and sees ensuring compatibility with NACS as another step in that direction.
"The NACS is a proven and increasingly accepted charging protocol in the North American EV market. It enables compatibility between charging stations and a variety of electric vehicles, allowing users to connect and recharge their EVs hassle-free."
The integration of the Tesla (TSLA) NACS standard into Wallbox charging solutions is noted to be part of the company's ongoing efforts to create the best electric vehicle charging technology to meet driversâ needs in North America. Supernova, Wallboxâs DCFC capable of charging up to 180kW, is set to enter the North American market later this year. All Supernova chargers produced in Wallboxâs Arlington facility are expected to meet Buy America requirements.
Shares of Wallbox (WBX) gained 4.64% in premarket trading on Monday after falling more than 10% on Friday.
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