Wallbox shares jumped more than 100% in morning trading

Tiger Newspress2021-10-26

Wallbox shares jumped more than 100% in morning trading.Uber, a global mobility and delivery platform, and Wallbox N.V. , a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced a strategic partnership to simplify the transition to EVs for Bay Area ride share drivers using Uber.

The partnership between Uber and Wallbox is part of Uber's recent commitment to becoming a 100% zero-emissions mobility platform in the US, Canada and Europe by 2030.

Since 80% of EV charging happens at home, the intent of this partnership is to provide drivers using Uber with an easy-to-use and affordable one-stop shop for home charging solutions. As part of the partnership, Wallbox will offer drivers with Uber a discounted package for a Wallbox charger, seamless installation and the option to finance the package.

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