Kempower Oyj is a provider of direct current (DC) fast-charging technology and solutions for electric vehicles (EVs). The company's business model centers on the design, manufacturing, and sale of modular EV charging hardware, complemented by its proprietary software and aftermarket services. Kempower's core product portfolio includes scalable charging power units, satellite charging posts, and compact standalone chargers designed for various applications, including public charging stations, commercial fleet depots, heavy-duty trucks, and electric marine vessels. The company's hardware utilizes dynamic power-sharing technology, which distributes energy across multiple charging points based on real-time vehicle demand.
In addition to hardware, the company generates revenue from its ChargEye software, a cloud-based charging management system that allows charge point operators and fleet managers to monitor, control, and optimize their charging infrastructure. Kempower also provides lifecycle services, including maintenance and spare parts. Hardware sales account for the vast majority of the company's revenue (approximately 93%), with services and aftermarket sales contributing the remainder. Geographically, the company generates the majority of its revenue in Europe, particularly the Nordic region, and operates a manufacturing facility in Durham, North Carolina, to serve the North American market. Kempower serves a diverse customer base, including charge point operators, commercial fleet owners, utilities, and original equipment manufacturers (OEMs).
