While investment in new public charging infrastructure has slowed, the transition to electric transportation continues across North America.
Kempower’s Q3 2026 financial results show North American revenue increased 32% during the first nine months of 2026 compared to the same period in 2025, despite a 21% decline in new public DC fast-charging installations in the region. This slowdown reflects several market factors, including consolidation among charge point operators (CPOs), expiring incentives, and project delays.
As the market adjusts, Kempower continues to advance electrification across fleet operations, ports, public charging, and other industries – delivering reliable, scalable charging solutions that meet customers’ evolving operational needs.
Across North America, customer projects continue to demonstrate where electrification is moving forward. Kempower is supporting Denver Public Schools’ growing electric school bus fleet with charging infrastructure designed to keep buses powered up for daily routes. In Canada, a framework agreement with DP World supports the expansion of charging infrastructure across its terminals, strengthening Kempower’s presence in port electrification and supporting the need for dependable charging technology in demanding operational environments.
Public charging also remains an important area of opportunity. Through our partnership with PowerUp America, Kempower is supporting four sites funded through the National Electric Vehicle Infrastructure (NEVI) Formula Program in North Carolina, helping expand access to reliable DC fast charging.
Beyond customer deployments, Kempower continues to strengthen the technology and services that support long-term charging performance. Globally, aftermarket revenue increased 83% in Q3, reflecting growth in services, software, and life cycle solutions that help customers maximize uptime and optimize their charging operations.
Additional Kempower Group Q3 key figures:
- Kempower acquired 10 new customers during the third quarter, including three in North America.
- The amount of electricity charged through Kempower chargers globally increased 83% to 371,910 MWh compared to Q3 2025.
While near-term market conditions remain challenging, Kempower is focused on strengthening customer partnerships and maintaining operational discipline. These priorities support its commitment to delivering charging solutions that meet EV drivers’ evolving needs and help power planet cool.
Written by
Monil Malhotra
President, Kempower North America
