Finnish charging infrastructure specialist Kempower will produce charging stations in North Carolina, USA. The newly-announced facility is expected to create more or less new 300 jobs over there. Kempower will start the production of NEVI (National Electric Vehicle Infrastructure) compliant DC chargers by the end of 2023 with a planned project investment of approximately $40 million during the next five years. The size of the investment is dependent of the success of Kempower’s US entry.

Kempower’s project in North Carolina will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee. Taking into account the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of approximately USD 3 million spread over 12 years.

Kempower: a new facility outside Finland

Kempower’s facility in North Carolina will produce reliable and user-friendly DC fast chargers for electric cars, electric trucks, electric buses, and electric machines. With the new facility, Kempower will significantly expand its production, laboratory, and office space worldwide, in addition to the 14,000 square meters facility located in Finland.

“We think North Carolina is a perfect location for us and fulfills Kempower’s high ESG requirements”, commented Kempower’s CEO Tomi Ristimäki. “Kempower is committed to make EV charging reliability a top priority. In the US, driving long distances is more common than in Europe, making the reliability of chargers an even more pressing issue. By having a tried and tested system in place to ensure the reliability of Kempower  chargers, we have the confidence that our chargers are fit to serve the continent’s EV drivers.”

Highlights

Nikola in need of new source of money to continue its business

Media reports say that the manufacturer has got the money to survive no longer than one quarter in 2025. Nikola managed to sell something like 200 hydrogen fuel cell trucks in the first 3 quarters of the year. At the same time, the company has been facing trouble for quite a long time, with the need...
News

Related articles