As the number of electric vehicles and charging hubs grew, Kempower focused on designing scalable solutions to accommodate large systems and increased power capacity. The entry of truck fleets into the EV space marked a significant shift, requiring more powerful charging hubs.
To meet this growing demand, Kempower introduced megawatt (MW) charging solutions last year (2024), capable of charging trucks with over a megawatt of power, addressing the growing needs of the commercial vehicle sector.
Challenges and Solutions
Kempower faced a significant challenge: the rising costs of commercial vehicles and charging infrastructure were hindering their expansion in the commercial vehicle sector. Their customer base comprised public charging operators and fleet operators including trucks, buses, harbor machinery, and mining equipment. The company’s main aim was to provide both groups of customers with flexible, future-proof solutions that could boost the overall goal of electrification of transportation.
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In 2024, DLL’s Global Head of Business Development Energy Transition, Hiten Sonpal, met with Kempower to discuss their business strategy, key sectors, and customer needs. “After taking all of that into account, one of the things that was evident from day one was that financing could be a key enabler for Kempower to grow and help them be the leading provider in EV charging,” said Sonpal.
For DLL, the partnership with Kempower represented an exciting opportunity to help drive the transition to electric transportation globally. This collaboration not only supported Kempower’s business growth but also empowered their customers to secure financing and install charging infrastructure, paving the way for a more electrified future.
Discover more about our partnership with Kempower by reading our latest press release.
Supporting Electrification of Transportation
Ristimäki concluded by saying that integrating DLL’s financing solutions enhances flexibility, making it even more convenient for our customers to adopt EV charging solutions and set up charging infrastructure.
The DLL-Kempower partnership is a testament to our dedication to impactful collaborations. By addressing the critical challenges of rising costs and infrastructure demands, we are not only supporting Kempower’s growth but also assisting Kempower in promoting the broader adoption of EV charging solutions throughout their customer base. This partnership is about more than just business; it’s about leading the charge towards a more sustainable, electrified future.
Curious about how we're breaking down the biggest obstacle in energy financing? Dive into our latest blog to find out.
However, as the EV market evolves, so will the DLL-Kempower partnership. Both companies are committed to deepening their collaboration through joint go-to-market programs and participation in leading industry events and trade shows. These efforts aim to provide customers with direct access to experts from both sides and localized support designed to address local market dynamics and regulatory environments. Together, these initiatives aim to lower adoption barriers for customers entering the EV space.
If you also want to work with us and see how we can help you accelerate your energy transition goals, please reach out to us.
