Wallbox And Bidirectional Energy Selected By California Energy Commission For Proposed Awards Of $2.2M To Deploy V2X Chargers Across California
Portfolio Pulse from Benzinga Newsdesk
Wallbox (NYSE:WBX) and Bidirectional Energy have been selected by the California Energy Commission (CEC) for proposed awards of $2.2M to deploy V2X chargers across California. The partnership will offer Wallbox's Quasar 2 bidirectional charger with the Bidirectional Energy EV charger management platform. The chargers will be deployed in California residential homes, offering potential savings on utility bills and resilience during power outages. If successful, additional funding will be made available for further deployment.
November 02, 2023 | 12:20 pm
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Wallbox's partnership with Bidirectional Energy and the proposed funding from the CEC could boost the company's presence in the EV charging market in California. The deployment of the Quasar 2 bidirectional chargers could lead to increased revenues and market share.
The news directly pertains to Wallbox and its operations. The proposed funding and partnership with Bidirectional Energy could significantly boost the company's market presence and revenues. The deployment of the Quasar 2 chargers could also lead to increased product sales and market share.
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