Generac Power Systems, Inc. has announced it has made a minority investment in Wallbox, a global leader in smart electric vehicle (EV) charging and energy management solutions. The minority investment includes adding a Generac seat on Wallbox's board of directors and a global commercial agreement to provide Generac's residential and commercial customers with the next generation of energy management systems.
Through the execution of the commercial relationship, Generac will offer its customers Wallbox's full suite of EV charging solutions, including L2 AC chargers and its bidirectional charger, Quasar 2.
Generac's approximately 8,700 dealers will be a strategic addition to Wallbox's distribution network in the U.S.