I have a couple of things on my mind regarding this. I’ve been following Kempower loosely for quite a while (reading reports and this thread, but I haven’t invested yet, so I haven’t done an in-depth analysis). These questions aren’t directly related to the quarterly report, but are on a more general level:
First of all, how can one differentiate oneself and remain competitive in this industry? How can manufacturers in general (both Kempower and its competitors) build proper moats profitably, so that the only competitive advantage doesn’t ultimately end up being just a low price (or total cost of ownership for the customer)? (The technological solution certainly exists, but is it a real moat?)
It is said that Kempower is strong in heavy-duty transport solutions. Is this what the company should really be focusing on? Or even focusing on entirely?
I am a bit worried that the charging market will become too much of a “commodity,” where the strongest companies in the industry produce mediocre results and the weaker ones perform poorly. Even though the industry is certainly growing fast, it may not benefit investors if companies are unable to turn that growth into good profitability. (On the other hand, of course, if companies have sufficient pricing power and moats, companies in the sector can be very profitable.)