Kempower

What Kempower does

Kempower Oyj is a Finland-headquartered (Lahti) designer and manufacturer of DC fast-charging hardware and cloud-based charging management software for electric vehicles. The company was founded in 2017 and listed on Nasdaq Helsinki under the ticker KEMPOWR. Its core product architecture is a modular, distributed charging system in which high-power Kempower Power Units (450 kW to 1,200 kW) feed up to 12 separate Kempower Satellite dispensers, with proprietary dynamic power management allocating available power across simultaneous charging sessions. The hardware portfolio spans the Satellite and Liquid-Cooled Satellite, the Mega Satellite and the recently launched Mega Satellite Flex (supporting both CCS up to 560 kW and Megawatt Charging System / MCS up to 1.2 MW), Control Units for depot and off-highway use, Pantograph Up/Down solutions for electric bus depots, the Station Charger integrated unit, and a Movable Charger. All hardware is managed through ChargEye, a cloud-based EV charging management platform (offered in Basic, Advanced, and Professional service tiers) that also supports third-party chargers and includes modules tailored for CPOs/retail, eBus and eTruck depots, and developers.

Kempower sells to a diverse set of end markets: charge point operators and retail (Circle K, Blink Charging, Allego, PowerUp America, ChargeZone, GLIDA), commercial trucking and logistics (EV Realty, Alfredsson Transport, Danske Fragtmænd, ASKO, J.B. Hunt via EV Realty, Windrose), public transportation / eBus (Topeka Public Schools and various depot operators), off-highway and mining (Epiroc for electrified mining equipment), ports and terminals (APM Terminals, Kalmar), and emerging marine electrification. The company operates 21 wholly-owned subsidiary offices across Europe, North America, and Oceania, with dual manufacturing in Lahti, Finland and Durham, North Carolina, and a distribution footprint of 67 countries as of 2026. Operational scale includes over 32,000 charge points managed, over 50 million cumulative charging sessions, over 2 TWh of energy delivered, and reported charger availability above 99%.

Kempower's revenue model is hardware-led, with DC fast-charging equipment sales representing the dominant revenue stream and recurring/secondary streams from ChargEye software subscriptions, service packages (preventive maintenance, remote diagnostics, operational support), modernization/upgrade services (e.g., CHAdeMO-to-CCS conversion), and customer financing through financial and operational lease partnerships. Go-to-market combines a regional direct sales force organized by geography and customer segment, a complementary channel of distributors and system integrators, event-driven demand generation, and software-led post-sale engagement via ChargEye and the Kempower Academy training platform. Reported Q1 2026 revenue was EUR 66.8 million with 819 employees across 45+ nationalities. The company holds ISO 9001, ISO 14001, ISO 45001, and ISO/IEC 27001 certifications, EcoVadis Gold, the NASDAQ Green Equity designation, and is a UN Global Compact member.

Name

Kempower

Legal name

Kempower Oyj

Website

https://kempower.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Kempower designs and manufactures modular DC fast-charging hardware and the ChargEye cloud management platform for electric vehicles, serving charge point operators, commercial trucking fleets, eBus operators, ports, and mining companies across 67 countries.

Ownership category

akta.pro rank

Product category

Electric Vehicle Charging Equipment

NAICS

Switchgear and Switchboard Apparatus Manufacturing (335313), Electrical Equipment Manufacturing (33531)

SIC

Switchgear & Switchboard Apparatus (3613), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE)

akta.pro secondary industries

Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH), Power Electronics Manufacturing (Inverters/DC-DC/Onboard Chargers) (IMACACAD), EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG), EV Charging Payment & Reimbursement Programs (Public/Depot Charging) (TLABAMAK)

Keywords

• DC fast charging
• EV charging hardware
• Megawatt charging systems
• Charging management software
• Electric vehicle infrastructure

Headquarters

HQ city

Lahti

HQ country

Finland

HQ region

Europe

Offices22 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. EV Charging Hardware Sales: Kempower generates primary revenue from selling DC fast charging hardware including Power Units, Satellites, Mega Satellites, Control Units, Station Chargers, and accessories. The company manufactures in Finland (Lahti) and North Carolina (Durham). Hardware sales represent the dominant revenue stream.
2. ChargEye Software Subscriptions and Licensing: Kempower's ChargEye cloud-based charging management platform generates recurring revenue through licensing fees and service subscriptions. The software provides remote monitoring, analytics, optimization, and API integrations. ChargEye is offered at different service levels (Basic, Advanced, Professional) with pricing based on network size and features.
3. Service Packages and Support: Kempower offers service packages including preventive maintenance, remote diagnostics, and operational support, providing recurring service revenue. The company provides service packages from standard coverage to comprehensive protection.
4. Financing Services: Kempower offers financing options including financial lease (to avoid large upfront costs) and operational lease (rental approach for flexibility), creating additional revenue streams and enabling customer acquisition.
5. Modernization and Upgrades: Kempower generates revenue from retrofits and upgrades including CHAdeMO to CCS conversion, MID energy meter upgrades, power capacity upgrades, and adaptive voltage upgrades for existing customers.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Kempower designs and manufactures modular DC fast-charging hardware for electric vehicles, including Power Units (450-1,200 kW), Satellite dispensers, Mega Satellites supporting CCS and Megawatt Charging System (MCS) up to 1.2 MW, Pantograph systems for electric buses, and Control Units. All hardware is paired with ChargEye, Kempower's proprietary cloud-based charging management software that provides remote monitoring, dynamic power management and analytics. The company sells these solutions to charge point operators, commercial fleet operators, public transit authorities, ports, mining operators and off-highway customers across 67 countries.

Product overview

Kempower designs and manufactures DC fast charging solutions for electric vehicles, offering a modular and scalable architecture centered on distributed charging systems. The product portfolio includes Power Units (450-1,200 kW) that feed multiple Satellite dispensers (up to 12 per unit), enabling dynamic power sharing across simultaneous charging sessions. Core hardware products encompass the Kempower Satellite, Liquid-Cooled Satellite, Mega Satellite (for heavy-duty MCS/CCS up to 1.2 MW), Control Unit, Cable Arm, Pantograph Up/Down for automated bus charging, Station Charger (integrated unit), and Movable Charger (portable). The Kempower Megawatt Charging System (MCS) supports charging powers above 1 MW for electric trucks. All hardware is managed via ChargEye, Kempower's cloud-based EV charging management software platform with versions for CPOs/retail, eBus/eTruck depots, and developers, complemented by the MyKempower self-service portal. The solution supports CCS2, CHAdeMO, MCS, and NACS connector standards, with dynamic power management for optimized energy distribution.

Differentiator

Problem solved

Functional benefit

Brands

• ChargEye: Cloud-based charging management software platform, trademark of Kempower Oyj.

Products and services

• Kempower Power Unit

Quantifiable outcome

• Over 2 TWh of energy delivered across 50+ million charging sessions
• +4 more outcomes

Named customers17 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

15 partnerships are on record, tiered core, major and minor.

• Blink ChargingcoreStrategic or Co-development Partner · 29 May 2026Blink Charging and Kempower expanded their EV fast-charging partnership across the US East Coast, planning 14 new charging sites (92 charging ports) to be deployed through 2026. Two sites already operational in Colorado and Idaho Falls. Blink cited Kempower technology's reliability and uptime as key selection factors.
• APM TerminalscoreStrategic or Co-development Partner · 22 May 2026Kempower and APM Terminals agreed to install DC fast-charging stations at APM's global port operations including existing pilots in Mexico, Morocco, and Peru. The partnership supports port electrification initiatives.
• Circle KcoreStrategic or Co-development Partner · 13 May 2026Kempower and Circle K announced an extended partnership to grow DC charging offering across Europe. Circle K is a major convenience store and fuel retail chain with significant presence across multiple European countries.
• PowerUp AmericamajorChannel Partner/ Reseller/ Distributor · 25 January 2026PowerUp America ordered at least 100 DC fast chargers from Kempower for deployment across southeastern states including Kentucky, Tennessee, and Virginia. First station expected in Manchester, Kentucky. Sites part of NEVI program.
• KalmarmajorStrategic or Co-development Partner · 9 December 2025Kalmar Corporation partnered with Kempower and SINEXCEL to develop new DC charging solutions for electric material-handling equipment. The collaboration focuses on sustainable logistics with solutions including megawatt charging systems, available globally.
• WindrosemajorStrategic or Co-development Partner · 1 December 2025Windrose, an electric truck manufacturer, completed ISO 15118-20 based MCS charging tests at Kempower headquarters in Finland and validated MCS interoperability at EV Realty's San Bernardino hub. Windrose has deployed trucks on five continents and 22 countries.
• EV RealtycoreStrategic or Co-development Partner · 1 August 2025EV Realty partnered with Kempower for deployment of Megawatt Charging System (MCS) infrastructure at commercial truck charging hubs. Kempower deployed its first Mega Satellite MCS dispensers in North America at EV Realty's San Bernardino hub, marking the first successful MCS charging session in North America. The partnership includes plans for five charging hubs built or under development, with EV Realty also partnering with Prologis for additional sites.
• AllegomajorChannel Partner/ Reseller/ Distributor · 2 July 2025Kempower was selected as one of Allego's preferred EV charging solutions suppliers. Partnership built on successful pilot projects in Netherlands, Belgium, and Sweden since 2023. First phase of deployments launched in Denmark Q3 2025 with 5 Kempower 600 kW triple Power Units and 30 Satellites, expanding to Nordics, Benelux, and France.
• EpiroccoreStrategic or Co-development Partner · 1 May 2020Epiroc partnered with Kempower for charging equipment and software to support their transition to electric mining equipment. The partnership is groundbreaking in the mining industry, with Epiroc offering chargers as part of their complete customer solution package.
• Suburban PropaneminorStrategic or Co-development PartnerSuburban Propane partnered with ABB and Kempower to demonstrate innovative EV charging powered by renewable propane at NASCAR race weekend, showcasing portable energy solutions for fleet electrification.
• ChargeZonemajorChannel Partner/ Reseller/ DistributorChargeZone, an Indian EV charging network operator, expanded its network across India using Kempower technology. First hub launched in Gujarat with plans for over 1,500 super-charging stations within 18 months.
• GLIDAminorChannel Partner/ Reseller/ DistributorGLIDA operates a public EV charging hub in Hyderabad, India featuring Kempower's modular Satellite Charging System and cloud-based ChargEye management system. Facility can serve 102 EVs simultaneously.
• Alfredsson TransportminorChannel Partner/ Reseller/ DistributorSwedish trucking company hosting world's first public MCS charging session in August 2025. Depot in Norrköping houses 12 charging points capable of up to 1.2 MW.
• Danske FragtmændminorChannel Partner/ Reseller/ DistributorDenmark's first megawatt charging station installed for Danske Fragtmænd logistics company in Odense.
• ASKOminorChannel Partner/ Reseller/ DistributorNorway's first commercial MCS site installed for ASKO's electric truck fleet.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Webasto: German automotive supplier offering DC fast charging solutions (Webasto Pure, Webasto Next) for public and commercial applications. Direct competitor to Kempower in European DC fast charging, with comparable focus on OEM partnerships and fleet/customer use cases.
• Wallbox: Spanish-listed provider of EV charging solutions spanning residential AC chargers to commercial DC fast (Supernova) products. Direct competitor to Kempower in European commercial and fleet DC fast charging, with similar subscription-based energy management software (myWallbox platform) comparable to ChargEye.
• Heliox: Dutch provider of DC fast charging solutions focused on e-bus and e-truck depot charging. Direct competitor to Kempower in the depot/fleet segment, particularly in European public transportation and logistics deployments where Kempower's Pantograph and Control Unit products compete head-to-head.
• ChargePoint: US-listed EV charging network operator and hardware manufacturer with broad AC and DC portfolio. Direct competitor to Kempower in commercial/fleet DC fast charging and cloud-based charging management software, with comparable subscription-based software business model.
• Alpitronic: Italian specialist in high-power DC fast chargers (HYC series up to 400 kW). Direct competitor to Kempower in the European DC fast charging market, particularly in HPC depot and public charging deployments, with similar focus on premium-tier CPO and fleet customers.
• Blink Charging: US-based EV charging equipment owner-operator that is both a Kempower partner (deploying Kempower hardware across US East Coast) and a competitor in CPO/retail charging networks. Direct comparable on the network operator and hardware side, with overlapping customer base.
• Tritium: Australian-origin DC fast charger manufacturer (now operating under new ownership after restructuring). Direct competitor to Kempower in DC fast charging hardware for public and fleet applications across global markets.

Broad incumbents

• Tesla (Supercharger / Magic Dock): Tesla operates the largest proprietary DC fast charging network globally and is opening Superchargers to non-Tesla EVs. Comparable as the dominant broad incumbent in DC fast charging, with unmatched scale, vertical integration, and pricing power that shape competitive dynamics for all DC fast charger vendors including Kempower.
• Siemens eMobility: Siemens' eMobility business offers VersiCharge AC and DC fast chargers as part of its broader smart infrastructure portfolio. Comparable as a broad incumbent competing with Kempower in commercial DC fast charging, leveraging much larger corporate scale and integration with Siemens' grid infrastructure offerings.
• ABB E-mobility: ABB's e-mobility division is one of the largest global suppliers of DC fast charging hardware and software. Highly comparable to Kempower as a broad-based EV charging incumbent with significantly larger scale, broader product portfolio, and deeper service network across passenger and commercial segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/kempoweroyj
• YouTubeyoutube.com/@kempower
• Facebookfacebook.com/kempowerfi
• LinkedInlinkedin.com/company/kempower-corporation
• Instagraminstagram.com/kempower_oyj

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kempower