Wallbox Acquires EV Charging Installer COIL

Wallbox has acquired COIL, an EV charging installation service company based in the US.

Wallbox, which provides charging and energy management solutions worldwide, says that the acquisition will offer its key customers including automotive OEMs, utilities, and dealerships in North America a "one-stop shop" for EV installation and maintenance services. 

“We are thrilled to bring the COIL team, their industry expertise and leading installation services into the Wallbox family,” said Douglas Alfaro, General Manager North America at Wallbox.

“This acquisition allows us to further enhance our service offerings to our customers in residential and commercial settings, while also expanding into the rapidly growing DC Fast Charging installation market.”

COIL has a network of on-staff installation management teams and third-party installation partners across the US who offer a range of services including residential and commercial Level 2 EV charger installation, Level 3 DC fast charging installation, and a software-enabled EV quoting and customer management tool called COIL iQ.

By bringing COIL's services onboard, Wallbox says it will enhance its customer experience by extending all-in-one services across the US to reach its strategic partners and serve its special projects. 

“This is an exciting time for COIL and we are looking forward to expanding our presence across North America with Wallbox,” said Bobby Penn, Founder and General Manager of COIL Inc.

“We have been working with Wallbox on special projects for the last year but this combination will allow us to expand our breadth and footprint to better support our customers and the accelerating EV market in North America.”