Global EV Charging Firm Wallbox Selects Arlington for Its First North American Plant

In June, Wallbox announced its plan to go public through a $1.5 billion merger with Westbury, N.Y.-based SPAC Kensington Capital Acquisition Corp. Local hiring for the Arlington plant will begin immediately, Wallbox says, with on-site retooling set to begin in October. The new factory is anticipated to create around 250 direct jobs in the region by 2030—and manufacture 500,000 units annually by then as well.

No doubt about it—North Texas is electrifying. Just weeks after hearing that Fort Worth is the “front-runner” for a new $5 billion Rivian EV plant, more big news dropped today: Global EV charging company Wallbox has selected Arlington for its first U.S. manufacturing facility. The high-tech, 130,000-square-foot plant “will have enough capacity to fully support Wallbox’s expansion plans in North America for the next decade,” the company says.

Local hiring for the facility will begin immediately, Wallbox says, with on-site retooling set to begin in October. The new factory is anticipated to create around 250 direct jobs in the region by 2030.

Production of Wallbox’s Pulsar Plus AC chargers is expected to start at the plant as early as June 2022. Additional production lines for Quasar, its DC bidirectional charger, and Supernova, its DC fast charger for public use, are anticipated to follow in the first half of 2023.

Wallbox expects to manufacture 290,000 total units annually at the Arlington plant by 2027, and reach a full capacity of 500,000 annual units by 2030. 

The Wallbox Pulsar Plus AC charger will be the first product manufactured at the new Arlington plant.  [Photo: Wallbox]

Barcelona-based Wallbox has a presence in 68 countries

The Arlington plant will be Wallbox’s fourth manufacturing site globally, adding to two facilities in Europe and one in China. Founded in 2015, Wallbox is headquartered in Barcelona, Spain. It currently employs over 700 people in its offices in Europe, Asia, and the Americas.

$1.5 billion merger with SPAC Kensington Capital, NYSE listing

In June, Wallbox announced its plan to go public through a merger with Westbury, N.Y.-based SPAC Kensington Capital Acquisition Corp. The implied enterprise value of the combined company is estimated at $1.5 billion. It will be listed on the New York Stock Exchange under the ticker “WBX.” The merger and IPO are expected to be completed in the third quarter of 2021.

Wallbox North America GM Douglas Alfaro (left) and Wallbox Co-Founder and CEO Enric Asunción [Photos: Wallbox/Danny Fernandez]

Wallbox CEO: “Energy markets are at an inflection point”

“The U.S. automotive and energy markets are at an inflection point. Automotive electrification will accelerate significantly due to initiatives aimed at meeting aggressive greenhouse gas emission targets, which will significantly increase the demand for our EV charging and energy management solutions,” said Enric Asunción, co-founder and CEO of Wallbox, in a statement.

“This new factory will be an instrumental step in our expansion in the North American market, enabling us not only to meet the growing demand, but also to accelerate the launch of new products and enter the business and public EV charging segments as we bring our production stateside,” Asunción added.

Asunción and his fellow Wallbox co-founder, Eric Casteneda, are former employees of Tesla.

Why Arlington was chosen: Location, location

Wallbox says it selected Arlington as the site of its first North American manufacturing hub for several factors, including the city’s geographic position as a central transit hub between the east and west coasts; its access to cross-country highway corridors; and its central location to other major cities in the region, including Dallas and Fort Worth.

Wallbox’s Quasar DC bidirectional charger will be manufactured at the Arlington plant beginning in the first half of 2023. [Photo: Wallbox]

Wallbox says the Arlington plant will play a vital role in expanding its presence in North America—a market that’s making a big push into vehicle electrification after the Biden Administration targeted 50% of all new car sales to be electric by 2030.

Douglas Alfaro, GM of North America at Wallbox, says the plant’s announcement follows big recent product launches.

“Between the highly successful launch of our residential charger Pulsar Plus and our recently announced strategic alliance with SunPower to offer packaged EV charger and solar installations across the U.S. market, Wallbox has made great strides in establishing and growing its brand in the country this year,”  Alfaro said in the statement.

“The U.S. factory is another important milestone to expand our local footprint. Wallbox will be able to better serve American customers, increase its solutions offerings and support the nation’s transition toward electric mobility,” he added.

Wallbox’s Supernova DC fast charger for public use will be manufactured at the Arlington plant beginning in the first half of 2023. [Photo: Wallbox]

According to Forbes, Wallbox’s largest institutional investor, global energy leader Iberdrola, recently announced it had acquired 1,000 Wallbox Supernova fast chargers (above). That acquisition is part of Iberdrola’s five-year sustainable mobility plan, in which it plans to deploy more than 150,000 chargers in homes, businesses, and public road networks.

Get on the list.
Dallas Innovates, every day.

Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.

One quick signup, and you’re done.
View previous emails.

R E A D   N E X T

  • These North Texas Innovators Had 'The Last Word'

    These quotable North Texans inspire, inform, motivate, or simply make us laugh. Have wise words of your own? Let us know.  You can also sign up here to get "The Last Word" in the Dallas Innovates e-newsletter each weekday. Friday, September 17 "Skill games are the fastest-growing gaming sector in the world." Alejandro Laplana Founder and CEO Shokworks ...on why Shokworks signed with Spain's eGoGames to disseminate its skill-based mobile poker game, High-Speed Hands. Dallas-based tech company Shokworks announced yesterday that it has partnered with Spain's eGoGames—the leading esports platform for mobile games in Europe—for the dissemination of High-Speed Hands.…

  • dallas innovates tech and innovation news updates: what's new and next in dallas fort worth

    Shavelogic raises $100M in growth capital; Dallas' Cytracom acquires OmniNet; Lucid's Air EV passes Tesla with a 520+ mile range and may be heading to a showroom in Plano; SMU announces a $1.5B fundraising effort; FW's Blackland Distillery has major expansion; Arlington's All Pro Ladders is rethinking how to climb poles; and more stories from North Texas. Plus, you’ll find our top 10 most popular stories.

  • The eighth annual IC3 Summit will be a forum for leaders from startups to large multinationals in the biotech, pharma, healthcare, and academic communities. A key summit speaker will be Admiral Brett Giroir, M.D., the former White House COVID-19 "testing czar."

  • Puttery's "modern spin" on putting features 20,700 square feet of entertainment—with four wildly creative 9-hole "golf courses" on two floors, three bars, an outdoor terrace, and multiple lounges and seating areas.

  • Apple selected Argent Associates to be one of the 15 Black- and Brown-owned businesses on its first-ever Impact Accelerator class. The goal: combating systemic barriers to opportunity, while advancing innovative solutions for communities most impacted by climate change. Founder and CEO Beatriz "Betty" Manetta reveals the secret to her company's success.