The Catalan Wallbox allies with Jeff Bezos

BarcelonaThe Catalan electric car charging system company Wallbox has signed an alliance with vehicle manufacturer Slate Auto, in which US magnate Jeff Bezos holds a stake. For now, it will supply chargers made in Barcelona for Slate Auto's facilities in Indiana, although the two companies "are exploring new collaboration opportunities," Wallbox reported in a statement this Thursday.

The company's president, Enric Asunción, has argued that the agreement "opens the doors to a long-term manufacturer." He is confident that the pact will help them "focus" efforts on markets where they can maximize the profitability of their activity, just after creditors have agreed to restructure 90% of their debtagreement to restructure 90% of its debt, 169.5 million. Wallbox landed in the United States four years ago, where it has a 12,000-square-meter factory where it has already produced 150,000 chargers.

The Catalan company closed 2025 with 103 million euros in losses, despite having reduced them by 32% compared to the previous year. In contrast, revenues fell by 11% due to "more demanding market conditions," according to the company.

In turn, Slate Auto "will compete directly with Tesla and other manufacturers." The company, in which the founder of Amazon is a shareholder, expects to start manufacturing a low-cost electric pickup truck by the end of this year, with a forecast of 150,000 units annually.