Wallbox to invest €10 million in its first US electric charger factory

Wallbox, the smart electric vehicle charging and energy management company founded in Barcelona, will invest $11 million (€10.1 million) in the construction of its first electric charger factory in the United States. The company estimates that this new plant will create nearly 250 jobs directly in the region by 2030. 

The Catalan-born company expects the works on the ​​12,000m2 facility to be completed by autumn 2022 and for the plant to manufacture more than 250,000 units this year. 

Wallbox expects this new factory to support its growth strategy in North America over the next ten years, according to a statement. 

In addition to this new factory, the company already has two more plants in Catalonia – one in Sant Andreu de la Barca and another in the Zona Franca in Barcelona – and another in China.

The US plant will start production by manufacturing the Pulsar Plus charger model, the home charger that plugs into electric vehicles. By 2023, the group plans to open production up to the rest of its ultra-fast chargers.

Douglas Alfaro, CEO of the company’s North America division, the factory is "an exciting milestone" for the group that allows them to "expand its presence” in the United States and support the country's “transition towards electric mobility."

Companies created in Catalonia

In February 2022, there were 1,628 new companies created in Catalonia, representing 2.3% more compared to the previous year, and 4.8% more than in January 2022, according to preliminary data published by Spain's National Statistics Institute (INE) on Tuesday.

Catalonia was the second territory in Spain where more companies were created, behind Madrid (2,262 businesses). However, the amount of new enterprises is below the Spanish average at 5.1% compared to one year earlier.

Regarding businesses dissolutions, INE registered 223 companies closing in February, 5.2% more than in 2021, but 26.6% fewer than January this year.