WBX News & Events

Wallbox (WBX) announced a new partnership with Freenow by Lyft (LYFT), one of Europe's leading multi-mobility apps, to support the electrification of taxi operations across key European markets. Through the agreement, Freenow drivers and fleet operators will gain access to exclusive conditions across a selection of Wallbox charging solutions designed for both home and business use. The program has already launched in Germany, France, the United Kingdom, Ireland and Spain. Through the partnership, Freenow BEV and PHEV taxi drivers and fleet owners will be able to access Wallbox charging solutions tailored to their day-to-day operational needs, whether charging at home or at fleet depots. The offering will include Pulsar Max for individual drivers, as well as Pulsar Pro and eM4 for fleet and shared charging environments.

Wallbox has obtained court approval from the Commercial Court of Barcelona for its comprehensive financial restructuring plan, which was signed in April 2026. Following court approval, the restructuring plan is now binding on all affected financial and non-financial creditors of the Group. Upon the completion of certain customary formalities, expected to take place in the coming days, the plan will become fully effective, allowing Wallbox to move forward with implementing its new capital structure and executing its business plan. The restructuring plan contemplates the refinancing of approximately EUR 169.6M of the Group's outstanding financial indebtedness, as well as a capital increase. Overall, this comprehensive refinancing is expected to strengthen Wallbox's liquidity position and support the continuity of its operations. Following the completion of the contemplated refinancing, Wallbox will continue to advance its operational improvements and cost initiatives, with a clear focus on advancing towards sustainable profitability.

CEO Enric Asuncion said, "In Q1, we continued to execute our transformation strategy with discipline, focusing on improving operational efficiency, optimizing our cost structure, and strengthening our financial position. While revenue was impacted by a softer market environment and the one-off effect of the refinancing process, we achieved a significant improvement in adjusted EBITDA, demonstrating the strength of the measures implemented. With the signing of the refinancing agreement, which has allowed us to secure additional funding and enhance our long-term financial visibility, we believe we are in a stronger position to return to growth and continue progressing toward profitability, supported by our product portfolio and the strengthening of our commercial and service capabilities."

Wallbox has completed the creditor accession process for its previously announced financial restructuring plan, with HSBC and Citibank among the creditors joining the plan. The Company believes the broad participation reflects the confidence of the financial sector in the viability of the restructuring plan signed on April 8 with its main financial creditors and shareholders, as well as in Wallbox's business strategy for the coming years. Following the signing of the agreement, Wallbox secured approximately EUR 11M in interim financing from certain shareholders and participating banks, which provides near-term liquidity and marks further progress in the execution of the restructuring process. The plan has been signed by the Company's main financial creditors, including Spanish financial institutions, alongside international banks HSBC and Citibank. Other participating creditors include Banco Santander, Banco Bilbao Vizcaya Argentaria, CaixaBank, Instituto de Credito Oficial, Mora Banc Grup, Cofides, Institut Catala de Finances, and EBN Banco de Negocios. The restructuring plan has been submitted for court approval before the Commercial Court of First Instance in Barcelona. Once approved, the plan will become binding on all affected creditors, allowing Wallbox to move forward with its new capital structure.