Wallbox Selected for $5.2 Million 48C Tax Credit by the U.S. DOE and IRS For Investments in Arlington Factory

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Wallbox (NYSE: WBX), a leading provider of electric vehicle (EV) charging solutions, today announced that it has been allocated a $5.2 million tax credit under the highly competitive 48C Qualifying Advanced Energy Tax Credit Program by the U.S. Department of Energy (DOE). The credit will support the expansion of Wallbox's flagship U.S. EV supply equipment (EVSE) manufacturing facility in Arlington, Texas. The 48C tax credit, expanded as a part of the Infl