Kempower Oyj Decreases Earnings Guidance for the First Quarter of 2024

Kempower Oyj is a Finland-based manufacturer and provider of electric vehicle (EV) fast charging equipment and solutions. The Company designs, manufactures and sells direct current (DC) fast charging devices, solutions and services for EVs, such as personal and commercial vehicles, mobile off highway machinery and electric marine vessels and boats. The Company provides easily scalable, modular, dynamic, user-friendly, standardized, durable and reliable chargers for EVs for demanding conditions and for different needs. All charging devices are based on the same 50-kilowatt power modules. The Company's product range includes Kempower T-Series movable chargers that are suitable for electric cars, commercial electric vehicles, electric trucks, lorries, vans, buses, electric vessels, boats and off-highway machines, as well as Kempower C-Station, a compact and modular fast-charging station for electric cars, electric commercial vehicles, and electric off-highway machines.