# COIL

> COIL is a San Francisco-founded EV infrastructure services company that designs, permits, installs, networks and maintains charging systems for homes, apartment buildings, commercial properties and fleets. Its hardware-agnostic model, nationwide installer network and COIL iQ workflow software turn a fragmented electrical project into a managed service; Wallbox acquired the business in 2022 for €3.572 million and continues to operate it as a U.S. installation and maintenance arm.

- **Founded:** 2019
- **Headquarters:** San Francisco, United States
- **Founders:** Bobby Penn (Founder and General Manager)
- **Team size:** Approximately 50 employees in the supplied record; LinkedIn lists 51-200.
- **Products:** Turnkey EV charging, Fleet charging, COIL iQ, Certified Installer Network, COIL CARE
- **Notable:** Acquired by Wallbox in August 2022 for €3.572 million in total purchase consideration., Named 2021 Small Business of the Year at the San Francisco Chamber of Commerce Excellence in Business Awards., Licensed in 16 U.S. states according to COIL's current website.

## Products & services

- **Turnkey EV charging** — End-to-end assessment, design, engineering, permitting, installation, commissioning and support for residential, commercial, public and multi-unit sites.
- **Fleet charging** — Low- and high-voltage infrastructure, charger deployment, utility coordination and fleet-software integration for depots and bus yards.
- **COIL iQ** — Workflow and customer-management software for electricians, with pricebooks, estimates, invoicing, lead sharing, job sharing and project workflows.
- **Certified Installer Network** — A nationwide network of vetted electrical partners supported with project leads, compliance checks and free access to COIL iQ.
- **COIL CARE** — Property-priced operations and maintenance plans offered in three-, four- and five-year terms, covering charger, network, software and firmware support.
- **Solar, battery and commercial electrical** — Adjacent renewable-energy and electrical infrastructure services, including panels, switchgear, transformers and battery storage support.

## Achievements

- Acquired by Wallbox in August 2022 for €3.572 million in total purchase consideration.
- Named 2021 Small Business of the Year at the San Francisco Chamber of Commerce Excellence in Business Awards.
- Licensed in 16 U.S. states according to COIL's current website.
- Built a nationwide network of on-staff installation managers and third-party installation partners.
- Installed and networked 16 power-sharing chargers across a complex three-level San Francisco garage.
- Installed 62 Level 2 chargers across five Veris Residential properties in 2024.
- Installed 14 Level 2 chargers supporting six electric school buses for Cutler-Orosi Joint Unified School District.
- Served thousands of customers and businesses nationally by 2021, according to the company.

## Latest updates

- **2024-12** — COIL published a Veris Residential case study describing 62 Xeal Level 2 chargers across five properties and evaluations for two additional sites.
- **2024-12** — COIL detailed a Cutler-Orosi school-district project: 14 Nuvve Level 2 chargers supporting six electric buses, with permitting and fleet-software coordination.
- **2024-11** — Founder Bobby Penn addressed Washington state's Electric Vehicle Coordinating Council about consistent public incentives and the risk of boom-and-bust funding cycles.
- **2024** — COIL promoted COIL CARE, a three-, four- or five-year operations and maintenance program priced per property.
- **2022-08** — Wallbox acquired 100% of COIL to add U.S. installation and maintenance capacity across residential, commercial and DC fast-charging projects.

## Links

- Website: https://www.coil.co
- LinkedIn: https://www.linkedin.com/company/coil-electric
- Twitter/X: https://twitter.com/coilelectric
- Instagram: https://www.instagram.com/coil.electric/
- Facebook: https://www.facebook.com/coilelectric/

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Profile page: https://yespress.io/coil
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Last updated: 2026-08-21