Kempower continues to define the standard of electric vehicle charging solutions in two priority market segments – private and commercial vehicles – in the U.S. and Canada. Last month, Kempower released our Interim Financial Report for the first quarter of 2025. We are energized by the achievements of Q1 and the momentum of our business as we head into the remainder of the year.
In the first quarter, order intake in North America increased by 300%, compared to Q1 in 2024. Order intake for the quarter was the highest in company history and the second consecutive record-breaking quarter for the North American entity.
This milestone growth can be attributed to a strong sales pipeline and strategic partnerships with customers like Revel , who installed Kempower chargers in key cities including New York and San Francisco, public transit organizations, and school bus fleets.
Drivers across North America are increasingly switching to EVs as public sentiment continues to prioritize sustainability and environmental wellbeing. This is especially true for millennials and Gen Xers. North American battery-electric vehicle registrations increased 11% in Q1 2025 compared to Q1 2024. In Europe this increase was 31%.
The appetite to expand EV charging infrastructure remains strong in North America because of the high ratio of electric vehicles to chargers. As more drivers transition to electric vehicles, this need will only increase. In conjunction, the Environmental Protection Agency emission reduction requirements will continue to be a driving force in the transition to electric trucks and heavy vehicles.
Federal funding impacts approximately 5% of the total market, and, thus, the uncertainty of available federal funding will have limited impact on the success of the EV industry in the U.S. State-level funding continues to support investments in charging infrastructure.
Kempower’s collaborative technology benefits from the local supply chains in North America, meaning recent tariff implementations will not have major implications on production. We have local supply chains and production facilities, positioning us to mitigate future tariff-related business risks as much as possible. Furthermore, as a global company with bicontinental manufacturing, we have an increased ability to determine the best pricing and technology options for our customers.
Earlier this year, Kempower announced two charging solutions for the North American market – the Kempower Flex Satellite and the Kempower Control Unit. At the global level, we’ve introduced an enhanced charging solution with more power, plugs, and data. The improved solution features a 600 or 1,200 kW Kempower Power Unit connected to 12 charging points. The new solutions and updates are designed to meet the growing demands for efficient and scalable power solutions in various applications.
Additional Kempower Group Q1 2025 Key Figures:
- Order intake increased by 32% or 59.4 million euros.
- 43.5-million-euro revenue, 2% increase in revenue growth.
- Onboarded 11 new customers.
- Order intake grew in the rest of Europe more than 50%, driven by Germany, France, Austria, and Italy.
Kempower continues to adapt to meet the needs of our customers and the North American market, solidifying our role as a leader in the industry. By providing exemplary products that are accessible and easy to use, Kempower will continue to define, produce, and improve electric vehicle infrastructure across North America and the globe. #PoweringPlanetCool
You can view the complete report at Kempower.com.
Written by
Monil Malhotra
President, Kempower North America
