Arcadis (EURONEXT: ARCAD) has been selected to manage the design and development program for Wallbox’s new electric vehicle (EV) charger manufacturing facility in Arlington, Texas, in the U.S. After a collaborative design process, Wallbox began construction of the 130,000 square foot facility in April. The plant will go into production in Q3 and is expected […]
EV Charging Stations Expanding, But Must Ramp Up For Electric-Vehicle Boom – EQ Mag Pro
EV charging stations are increasing in the U.S., but remain relatively scarce just as electric vehicle adoption becomes more mainstream. Carmakers want to phase out internal combustion engines in hopes of going vertical like Tesla (TSLA). By 2030, General Motors (GM), Ford (F) and Stellantis (STLA), formerly Fiat Chrysler, aspire to have as much as […]
Global EV Charging Firm Wallbox Selects Arlington For Its First North American Plant – EQ Mag Pro
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 […]
Spanish EV charger maker Wallbox to go public in $1.5 billion New York SPAC deal
Wallbox, which counts wind energy leader Iberdrola as its largest institutional investor, will raise about $330 million from the deal, valuing it at around $1.5 billion including debt. Spanish electric-vehicle charger maker Wallbox plans to list on the New York Stock Exchange later this year through a merger with shell company Kensington Capital Acquisition Corp, […]
Iberdrola invests in electric vehicle charging company Wallbox
Wallbox has completed a 15 million euro ($17 million) funding round led by Iberdrola through its Perseo start-up programme which will enable it to expand globally. LONDON: Spanish utility Iberdrola has invested an undisclosed sum in Spanish electric vehicle charging company Wallbox, the company said on Tuesday. Wallbox has completed a 15 million euro ($17 […]