Wallbox receives €10.5 million through Canada's clean fuel credit program
Wallbox (NYSE: WBX) received approximately €10.5 million through Canada's clean fuel credit framework for 2025, the electric vehicle charging company announced.
The funds were generated through eligible EV charging activity from Wallbox AC chargers installed across Canada and connected to the company's digital platform. Under Canada's clean fuel regulation, charging sessions that support the displacement of fossil fuels by electricity can generate credits linked to the reduction of transport-related emissions.
The company stated it will reinvest the funds in the region through incentives and initiatives designed to support and accelerate EV adoption, in accordance with program requirements.
"This milestone demonstrates the value that connected charging infrastructure can create beyond the initial deployment of hardware," said Enric Asunción, CEO and cofounder of Wallbox. "By generating approximately €10.5 million through Canada's clean fuel credit framework, Wallbox is able to reinvest directly in the region and support customers as they continue expanding access to EV charging."
During 2025, Wallbox's connected AC chargers in Canada supported EV charging activity across the country, with eligible charging sessions contributing to the generation of clean fuel credits. The Barcelona-based company continues to support residential, commercial and public charging deployments in Canada through its portfolio of AC and DC charging solutions.
The information is based on a company press release statement.
