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EV charging equipment specialist Wallbox opened its new, state-of-the-art manufacturing facility in Arlington, Texas, today where we were fortunate enough to be one of the first to take a tour. This new 130,000-square-foot factory is Wallbox’s first manufacturing footprint in North America, and will produce all of its US EV chargers. Wallbox also demonstrated one of the chargers that will be built in Texas – the new Hypernova 400 kW DC fast charger, which can add up to 100 miles of range in just five minutes.

Wallbox ($WBX) is a global charging specialist founded in 2015 that offers equipment and energy management solutions for residential and public use in over 100 countries. It currently employs over 1,000 people across Europe, Asia, and the Americas, including its headquarters in Barcelona.

On the residential front, Wallbox currently offers its Quasar 2 charger that offers bi-directional capabilities, enabling owners to turn their EV into an energy storage system (ESS) that can be used as backup power during an outage or peak energy demand.

Following a strong Q2 this year, Wallbox has begun to expand its presence in the US market, partnering with American automakers like Fisker to offer EV customers the opportunity to purchase its best-selling Pulsar Plus 240V home charger, which will also include home installation services. Part of this strategy included Wallbox’s recent acquisition of installation strategist COIL Inc.

Wallbox’s latest product is a super-fast, 400 kW DC fast charger called the Hypernova, designed for highway corridors. As Wallbox’s lineup of charging and energy management solutions continues to grow, the company has set up a manufacturing footprint on US soil to make its products more easily obtainable for North American consumers.

This morning, we got a chance to tour the new factory and see the Hypernova EV charger in action.

Wallbox plans to build 1 million chargers in Texas by 2030

It was a busy morning in Arlington, Texas, today as Wallbox opened its doors to showcase its $70 million manufacturing product that is expected to produce 250,000 chargers in the remaining months of this year. Several media were in attendance along with company founder and CEO Enric Asunción, general manager of Wallbox North America Douglas Alfaro, and Arlington mayor Jim Ross.

The new facility joins Wallbox’s North American headquarters in Mountain View, California, and warehouses in Burlington, North Carolina, and Bloomington, California. Arlington also marks Wallbox’s first manufacturing facility in the US and fourth worldwide. Asunción spoke during the event:

Today only 3% of the chargers required globally for the next decade have been installed, showing the magnitude of the need for innovative and reliable charging solutions. Bringing Wallbox’s manufacturing capabilities to the US significantly bolsters our ability to meet US needs, deliver to public funding programs and drive the energy transition.

As part of the visit to the Texas factory, the company showcased the aforementioned Hypernova DC fast charger (seen above) in action. This 400 kW charger has a centralized power system that can feed one or multiple dispenser units and was specifically designed to allow for a wide variety of configurations that can be more easily upgraded or expanded over time.

If two EVs are connected to one pile, the Hypernova can deliver 200 kW to each. It currently comes equipped with a 10-inch display but were told that will eventually be upgraded to 15-inches. The charger itself as well as content on the display can be branded to whatever the customer would like. The Hypernova is also equipped with Plug and Charge capabilities.

Given its demonstrated ability to garner up to 100 miles of range in five minutes, its creators believe the Hypernova could prove to be an asset for EV drivers making long-haul trips across the United States. Douglas Alfaro elaborated:

Hypernova was specifically designed to bolster public charging infrastructure in the US. It aims to solve the current deficit in public charging along key US highway corridors and simplify long-distance traveling for EV drivers. We’re already seeing vehicles with higher power charging capabilities hit the road that would be looking to benefit from faster charging from an ultra fast charger like Hypernova than what’s being installed today.

The company is already building its Pulsar Plus EV chargers in Arlington and expects to add Hypernova production in 2023. Wallbox stated it plans to double its local workforce over the next twelve months, bringing approximately 250 jobs to the Arlington area by 2025, and about 700 by 2030.

2030 looks to be a benchmark year for the charging solutions company as it also intends to be producing over 1 million charging units in Texas by that time while also aiming to reach net-zero greenhouse gas emissions across its entire global footprint.

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Baidu- and Geely-backed JiYue brand unveils ROBO X EV that goes 0-100 km/h in under 1.9 sec

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Baidu- and Geely-backed JiYue brand unveils ROBO X EV that goes 0-100 km/h in under 1.9 sec

JiYue, a Chinese EV brand focused on delivering all-electric “robocars” to the masses, has unveiled its latest model, and it’s quite a deviation from its previous EVs—but in the best way. Earlier today, JiYue launched the ROBO X supercar, designed for high-speed racing. By high speed, we mean 0-100 km/h acceleration in under 1.9 seconds. My mouth is watering.

JiYue has only existed since 2021, when parent tech company Baidu announced it was expanding from software development into physical EV production, joining forces with multinational automotive manufacturer Geely.

The new “robotic EV” marque initially launched as JIDU with $300 million in startup capital before garnering an additional $400 million in Series A funding, led by Baidu, in January 2022.

In August 2023, Geely took on a larger role in JIDU alongside a greater financial stake as the brand reimagined itself as JiYue, inheriting the JIDU logo and its flagship model, the 01 ROBOCAR.

In December 2023, Baidu and Geely unveiled a second model called the JiYue 07. It was born from JIDU’s ROBO-02 concept, which debuted in 2023 and was designed to compete against the Tesla Model 3 in China.

The 07 finally launched in China earlier this year with 545 miles of range. With an all-electric SUV and sedan on the market, JiYue has unveiled an exciting new entry in the form of a performance supercar called the ROBO X. Check it out:

JiYue’s new ROBO X EV is available for pre-order now

JiYue showcased its new ROBO X hypercar in front of the crowd at the 2024 Guangzhou Auto Show earlier today. Similar to previous models but with a unique spin, JiYue described the ROBO X as an AI smart-driving supercar that, for the first time, blends artificial intelligence and autonomous driving into a high-performance, race-ready EV.

When we say “high performance,” we mean a quad motor liquid-cooled drive system that can propel the ROBO X from 0 to 100 km/h (0 to 62 mph) in under 1.9 seconds. JiYue called the new ROBO X a “performance beast” with “the perfect balance of excellent aerodynamic performance and high downforce.” JiYue CEO Joe Xia was even bolder in his statements about the ROBO X:

For the next 20 years, the design of supercars will bear the shadow of Robo X. This is the best design in the history of Chinese automobiles today, and it is a landmark presence.

Fighter-style airflow ducts bolster the EV’s aerodynamics, efficiency, and overall posture. Per JiYue, the two-seater ROBO X is expected to deliver a maximum range of over 650 km (404 miles).

The new supercar features falcon-wing doors, a carbon fiber integrated frame, and a professional racing HALO safety system offering 360° of support. The interior features an AI smart cockpit with SIMO real-time feedback to give drivers an immersive racing experience.

Furthermore, JiYue said the vehicle will utilize parent company Baidu’s Apollo self-driving technology, which could make it the first electric supercar to apply pure-vision ADAS technology that enables track-level autonomous driving.

Following today’s unveiling of the ROBO X, JiYue has officially opened up pre-orders in China for RMB 49,999 ($6,915). That said, reservation holders will need to be patient as JiYue shared that it doesn’t expect to begin mass production of the ROBO X until 2027.

What do you think? Will people be talking about the ROBO X for the next 20 years?

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Wheel-E Podcast: Solar moped, XPedition 2.0, LiveWire scooter, more

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Wheel-E Podcast: Solar moped, XPedition 2.0, LiveWire scooter, more

This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes the launch of the Lectric XPedition 2.0, Yamaha e-bikes pulling out of North America, LiveWire unveils an electric scooter concept, PNY readying its cargo e-scooters for pilot testing, Royal Enfield’s first electric motorcycle, and more.

The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends, the video will be archived on YouTube and the audio on all your favorite podcast apps:

We also have a Patreon if you want to help us to avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the Wheel-E podcast today:

Here’s the live stream for today’s episode starting at 9:30 a.m. ET (or the video after 10:30 a.m. ET):

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Crude oil heads to weekly loss as looming surplus depresses market

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Crude oil heads to weekly loss as looming surplus depresses market

Market Navigator: Crude oil under pressure

Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market.

U.S. crude oil is down more than 2% this week, while Brent has shed nearly 2%.

Here are Friday’s energy prices:

  • West Texas Intermediate December contract: $68.56 per barrel, down 14 cents, or 0.2%. Year to date, U.S. crude oil has shed about 4%.
  • Brent January contract: $72.36 per barrel, down 20 cents, or 0.28%. Year to date, the global benchmark has lost nearly 6%.
  • RBOB Gasoline December contract:  $1.99 per gallon, up 0.46%. Year to date, gasoline has fallen more than 1%.
  • Natural Gas December contract: $2.70 per thousand cubic feet, down 2.98%. Year to date, gas has gained more than 4%.

The International Energy Agency has forecast a surplus of more than 1 million barrels per day in 2025 on robust production in the U.S. OPEC revised down its demand forecast for the fourth consecutive month as demand in China remains soft.

A strong dollar also hangs over the market, as the greenback has surged in the wake of President-elect Donald Trump’s election victory.

Don’t miss these energy insights from CNBC PRO:

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