Wallbox (WBX) has released an update.
Wallbox N.V. reported a 7% revenue increase for Q3 2024, with impressive 45% growth in the North American market, surpassing the overall EV market growth. The company is optimizing operations by reducing costs and restructuring to enhance profitability, despite slower-than-expected EV market transitions. Wallbox remains a leader in EV charging solutions, having sold over one million chargers globally.
For further insights into WBX stock, check out TipRanks’ Stock Analysis page.