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Wallbox Achieves CTEP Certification for its Supernova DC Fast Charger, Marking Major Milestone in North American Expansion

1. Wallbox's Supernova charger obtains CTEP certification, ensuring compliance with California standards. 2. This positions Wallbox for accelerated growth in North America's EV market.

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FAQ

Why Bullish?

The CTEP certification enhances Wallbox's credibility and market potential, similar to past certification upgrades for companies that led to stock rallies.

How important is it?

The certification directly contributes to Wallbox's growth trajectory and competitive positioning, likely leading to increased investor confidence and potential stock price appreciation.

Why Short Term?

This certification can lead to immediate sales increases and positive market perception in the short run, akin to previous rapid growth seen by EV charging companies after similar certifications.

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BARCELONA, Spain--(BUSINESS WIRE)--Wallbox (NYSE: WBX), a global leader in electric vehicle (EV) charging and energy management solutions, today announced that its Supernova DC fast charger has successfully obtained the California Type Evaluation Program (CTEP) certification. This milestone ensures Wallbox's fast-charging technology meets California's rigorous standards for measurement accuracy and billing transparency, positioning the company for accelerated growth in North America's largest E.

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