Electric Vehicles
Finnish Charger Maker Eyes Slice of Biden’s $7.5 Billion EV Plan
- Kempower started hiring in bid to enter US market by end 2023
- US market for EVs could overtake Europe in the long term: CEO
This article is for subscribers only.
A Finnish maker of high-speed chargers is accelerating its entry to the US market following President Joe Biden’s $7.5 billion pledge to tackle a sparse network of power sources for electric vehicles that is hampering the switch from fossil-based transport.
Kempower Oyj has started hiring a sales team with the intention of kicking off sales in the US by the end of 2023, two years ahead of its original plan, to ensure it gets a piece of the lucrative pie, Chief Executive Officer Tomi Ristimaki said in an interview.