recently entered a strategic alliance<\/a> with SunPower to provide packaged residential solar and EV charging products. The two are exploring integrating bi-directional chargers with home solar and storage systems, offering greater load flexibility and potential for smart-tech enabled grid services.<\/p>\n\n\n\nIn June, the company entered a merger agreement with Kensington Capital Acquistion Corp. II. At the time, Wallbox was valued at $1.5 billion, and is now expected to join the New York Stock Exchange in the third quarter under the ticker \u201cWBX.\u201d<\/p>\n\n\n\n
Under the arrangement, Wallbox is to receive proceeds of about $330 million, including $100 million fully committed private investment in public equity from Janus Henderson Investors, Luxor Capital, Cathay Innovation, and Kensington Capital partners.<\/p>\n\n\n\n
From: https:\/\/pv-magazine-usa.com\/2021\/09\/02\/wallbox-to-produce-ev-chargers-in-texas\/<\/p>\n","protected":false},"excerpt":{"rendered":"
The facility will be the first in the United States for the company and could produce 290,000 units annually by 2027. Electric vehicle charging systems maker Wallbox said it will build a U.S. manufacturing facility in Arlington, Texas. The 130,000-square-foot plant will have enough capacity to support its North American expansion plans for the next…
Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":1875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-1874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solarnews"],"yoast_head":"\nWallbox to produce EV chargers in Texas - solarpanel4free.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarpanel4free.com\/wallbox-to-produce-ev-chargers-in-texas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wallbox to produce EV chargers in Texas - solarpanel4free.com\" \/>\n<meta property=\"og:description\" content=\"The facility will be the first in the United States for the company and could produce 290,000 units annually by 2027. Electric vehicle charging systems maker Wallbox said it will build a U.S. manufacturing facility in Arlington, Texas. 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