Wallbox has ended its US manufacturing push, closing its Arlington, Texas, plant and moving all production back to Barcelona. The company once promised to make a million chargers a year in America by 2030; now, its focus is survival. It is cutting costs and bringing production home.
The decision follows a difficult year. Wallbox finished 2025 with €103.2 million in losses, while sales fell 11.5% and debt rose to €191.3 million. The company restructured its debt in court and reached agreements with Santander and BBVA to delay €169.6 million in repayments until 2030. CaixaBank also agreed to the delay. A €15.8 million capital injection, including €5 million from the Generalitat de Cataluña, gave Wallbox some breathing room, but pressure remains.
In May 2026, Wallbox secured approximately €11 million in interim financing from banks and shareholders to maintain liquidity during its restructuring.
The Arlington plant opened in 2022 after a $70 million investment and was intended to become Wallbox’s basic US factory. By April 2025, it had produced more than 100,000 chargers. Wallbox planned to employ 700 people there by 2030. The site will remain open as a service and logistics hub for North America, but the company has stopped making chargers in the US, even as other companies continue building in Texas.
Barcelona’s Zona Franca plant, which opened in April 2022, is now Wallbox’s only factory. Covering 11,220 square meters, it can produce more than 750,000 chargers a year. The facility was already set up to manufacture North American models, including those with UL certification and different plugs, so Wallbox does not have to start from scratch. The company has not said whether the move will create more jobs in Barcelona; that will depend on future orders. Independent industry sources said in 2026 that the facility was already prepared to supply the North American market, so the transition did not require a new production launch.
Financial support has not yet brought a sales recovery. From April to June 2026, Wallbox reported €23.9 million in revenue, down from €38.3 million a year earlier, and posted a quarterly loss of €28.6 million. Orders rose 11% from the previous quarter, while labor and operating costs fell 29% year on year. Wallbox expects third-quarter revenue of €29 to €31 million if it meets its targets. The company is also under pressure from the New York Stock Exchange: its market capitalization has fallen below the $50 million threshold required to remain listed, and it has until August 2027 to recover.
Official restructuring documents show that Wallbox sought to delay payments and strengthen liquidity through agreements with creditors, while prioritizing cost cuts and a simpler manufacturing structure.
Making chargers in Barcelona for the US market comes at a cost. Most European-made products face a 15% tariff when shipped to the US. Buy America rules require federally funded chargers to be assembled in the US with at least 55% domestic parts. Wallbox has acknowledged that these rules could hurt its position, especially as Asian rivals offer cheaper products and carmakers begin building their own chargers. The company says the savings from consolidation outweigh the tariff impact, but the long-term effect remains unclear.
The electric vehicle market is changing fast. As shown in recent analysis, Spanish dealerships are losing money as EVs require less maintenance. Wallbox’s exit from US manufacturing is another sign of how tough and unpredictable the market has become.
Centralizing production in Barcelona is a risky bet for Wallbox. The company is counting on a leaner operation and lower costs to help it survive and win back investors. Tariffs and strict regulations, alongside strong competition, leave little room for mistakes. Its future depends on whether Barcelona can deliver what Texas could not: a return to growth and stability.
