Kempower has partnered with electric vehicle (EV) charging platform provider Virta – with the companies set to accelerate the ramp-up of fast-charging services in Europe.
Fast-charging hubs featuring Kempower’s chargers will be installed for Virta customers in Sweden and Finland during the summer, followed by France, Germany and the UK later this year.
Virta’s smart charging platform enables public and private players to run and monetise their fast-charging services for EV drivers. As part of its new collaboration with Kempower, the company will provide Kempower’s DC fast chargers to its customers in European markets.
With local supply chains and production in Finland, Kempower and Virta are strategically positioned for the Nordic and European electric vehicle markets. This positioning enables smooth delivery, commissioning and operations for customers.
Virta was recently named in Financial Times’ 1000 fastest-growing companies in Europe ranking for 2022, the third consecutive year it has been included. Currently, over 1000 customers in over 30 countries run their EV charging services on Virta’s smart charging platform, making it one of the biggest networks in Europe.
Kempower, listed in the Nasdaq First North Growth Market Finland, has seen strong growth in recent years, gaining a strong foothold in the Nordics and Europe. In 2021, the Lahti-based company’s revenue growth was 741%, reaching EUR 27.4 million, driven by strong demand across Europe.
“We’re excited to join forces with Virta to bring our scalable, modular and user-friendly fast charging solutions to EV drivers across Europe. It’s also great to work with another Finnish technology company to support the growth and success of both businesses,” said Tomi Ristimäki, CEO of Kempower.
”We chose Kempower as our partner because of its unique DC fast-charging solution and the high quality of its products. Pairing our smart charging platform with Kempower’s chargers will provide charging hub operators with outstanding flexibility and scalability, enabling a fast launch of operations and easy expansion of charging capacity to meet future demand. The growth of EV sales in Europe requires the urgent installation of more extensive fast charging services – we’re ready to answer the challenge via this collaboration,” added Jussi Palola, CEO of Virta.