wallbox NYSE

Wallbox, The First Spanish Unicorn To Go Public On The NYSE, Hits A Valuation Of €1.263 Bn and a 6.6% rise

The Spanish startup, specialising in electric vehicle charging and energy management solutions, is now listed on Wall Street following its merger with SPAC Kensington Capital Acquisition Corp II. The company ended the session with a valuation of 1,537 million dollars (about 1,263 million euros). In the opinion of Bankinter’s research team, “the outlook for the sector, the guidance presented, its alliances with suppliers of photovoltaic systems such as Sunpower and Otovo and the disruptive products offered by Wallbox make the company an interesting option in the area of mobility and energy transition”.