FreeWire Technologies has opened a new global headquarters, R&D and manufacturing facility in Newark, California. The 66,000-square-foot facility will focus on manufacturing and scaling FreeWire’s Buy America-compliant battery-integrated EV charging equipment. It will be fully operational by fall 2022, and is expected to create some 200 engineering and manufacturing jobs.
Earlier this month, FreeWire unveiled its next-generation charger—the Boost Charger 200—which incorporates battery storage in order to enable seamless connection to existing infrastructure with minimal construction costs and permitting.
Last month, FreeWire raised an additional $125 million in new capital from investors including asset manager BlackRock.
“FreeWire has had a year of robust demand, and with this $20 million investment in our new facility, we are well-positioned for scale,” said Arcady Sosinov, FreeWire’s Founder and CEO. “As state and federal policymakers set ambitious and necessary electrification goals to foster an electrified future, FreeWire, and our technology stand ready to meet this moment with the urgency and innovation it demands.”
Source: FreeWire Technologies