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Kempower delivers EV fast-charging systems to Power Dot in Portugal, Spain & France
Kempower has confirmed an order to deliver EV fast-charging systems to Power Dot, an EV charging operator based in Portugal. The delivery of the fast-charging systems for electric passenger cars will take place in Q2 2022. The value of the order is over EUR 3 million.
Kempower Oyj, Company release, Insider information, 11.2.2022 at 17:20 EET
Kempower delivers EV fast-charging systems to Power Dot in Portugal, Spain & France
Kempower has confirmed an order to deliver EV fast-charging systems to Power Dot, an EV charging operator based in Portugal. The delivery of the fast-charging systems for electric passenger cars will take place in Q2 2022. The value of the order is over EUR 3 million. The EV charging systems will be deployed in France, Spain, Poland and Portugal. This is the second order from Power Dot in the last two months. On 31st December 2021, Kempower announced that the company had confirmed a pilot order of over EUR 2 million to deliver EV fast-charging systems to a Southern European charging point operator, Power Dot. The total value for these two orders is over EUR 5 million.
The order announced on 31st December 2021 and the order announced today are both part of a frame agreement being negotiated with Power Dot.
“We are extremely happy to start the cooperation with Power Dot. This partnership is an integral part of Kempower’s growth strategy to expand into the European market. We look forward to contributing to EV drivers’ positive user experiences in France, Spain, Poland and Portugal – countries where Kempower’s DC fast chargers have hardly been installed yet”, says Tomi Ristimäki, CEO, Kempower.
Additional information:
Tomi Ristimäki, CEO, Kempower
tomi.ristimaki@kempower.com
Tel. +358 29 0021900
Kempower, investor relations:
Jukka Kainulainen, CFO, Kempower
jukka.kainulainen@kempower.com
Tel. +358 29 0021900
Kempower, media relations:
Paula Savonen, Director, Communications, Kempower
paula.savonen@kempower.com
Tel. +358 29 0021900
Certified Adviser
Alexander Corporate Finance Oy
Tel. +358 50 520 4098
About Power Dot: https://www.powerdot-ev.com/
About Kempower:
Kempower designs and manufactures DC fast charging solutions for electric vehicles and machines. We’re a team of electric vehicle enthusiasts with a deep understanding of the charging market and a hands-on mentality. Our product development and production are rooted in Finland, with a majority of our materials and components sourced locally. We focus on all areas of transportation, from personal cars and commercial vehicles to mining equipment, boats and motorsports. With Kemppi Group’s 70 years’ experience in perfecting DC power supplies, we set the bar high in engineering and user-experience design. Kempower is listed in the Nasdaq First North Growth Market Finland. www.kempower.com