Wallbox And Atlante Have Joined Forces To Develop New Public Charging Points In Italy, France, Spain, And Portugal
Portfolio Pulse from Benzinga Newsdesk
Wallbox, a provider of electric vehicle charging solutions, has partnered with Atlante, a European charging network operator, to develop new public charging points across Italy, France, Spain, and Portugal. This collaboration aims to expand the charging infrastructure in these countries, facilitating the adoption of electric vehicles and supporting the transition to sustainable transportation.
November 20, 2023 | 11:50 am
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Wallbox's partnership with Atlante to develop new public EV charging points in Italy, France, Spain, and Portugal could lead to increased revenue and market share in the EV infrastructure sector.
The partnership with Atlante is directly related to Wallbox's core business of EV charging solutions. Expanding the charging network in key European markets is likely to increase the company's revenue and enhance its competitive position in the industry. This strategic move is expected to be viewed positively by investors, potentially leading to a short-term uptick in Wallbox's stock price.
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