Generac Power Systems, a designer and manufacturer of energy technology solutions and other power products, has made a minority investment in Wallbox, a provider of smart EV charging and energy management solutions. Through the investment, a Generac seat will be added to Wallbox’s board of directors, while a global commercial agreement will provide Generac’s residential and commercial customers with Wallbox’s EV charging solutions.
These customers will be offered Wallbox’s full suite of solutions, including its L2 AC chargers and bidirectional Quasar 2 charger. Wallbox will likewise benefit from the addition of Generac’s network of 8,700 dealers to its distribution network in the U.S.
Generac’s distribution of Wallbox’s technology, including its DC fast charger Supernova and installation services through COIL, will work to accelerate the development of energy ecosystems for public-facing businesses such as supermarkets, shopping centers, and restaurants. Here, these businesses will be able to provide their customers with access to DC fast-chargers capable of replenishing up to 100 miles (161 km) of range in ten minutes.