The weight of an electric truck is indeed already close to the weight of a diesel locomotive, good point on how absurd that sounds in itself. 
Especially considering the condition of the Finnish road network as it is.
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Tesla certainly has scale and reputation advantages. In China, first SAIC-GM and now Polestar have agreed with Tesla on access to the SuperCharger charging network.
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Iâve been thinking about this too. And if you compare the manufacturing of cars versus chargers and the euro amounts involved, surely Teslaâs main focus is the cars, rather than squeezing Finnish Kemppower out of the market. Why wouldnât they just buy Kemppower out when, on Teslaâs scale, it would be small change?
Then again, they certainly have the muscle. But still, itâs quite far-fetched to think that everyone around the globe would choose Tesla chargers.
And for sure, more competition will come, and it will certainly affect margins too. But now is the time to capture that market share; as has been mentioned here many times, shares are being divvied up now, and in years to come, it will be harder to start competing, at least from scratch or without a massive financial investment.
What still makes Kemppower very strong is the fact that it is growing profitably, even without a Tesla-sized organization behind it.
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That was a well-reasoned response. A reminder to all the fleeing Tesla lemmings that the share price is still affordably priced, provided the growth curve holds. https://www.salkunrakentaja.fi/2023/10/kempower-osake-tuhkana-tuuleen/
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Quite a fresh and bold perspective from you on a reasonable price. I highly appreciate your completely opposite view to the one given by Inderes. However, at the beginning of this month, they upgraded their recommendation to the BUY category and kept their target price at 44 euros.
âWe are upgrading the recommendation to buy (prev. accumulate) with an unchanged target price of 44 euros.â
At what point do you think the reasonable levels you mentioned for the share price will be met?
Iâm asking out of sincere interest, as my own processor and bandwidth arenât enough for crunching and analyzing these kinds of patterns. It would also be great to hear some reasoning for your view.
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I think this was still missing from here. The collaboration between Neste and Kempower was, of course, announced already last year.
The thread has started to fill up with useless gut-feeling posts and share price speculation. Informative posts related to the topic are getting lost among them. A pity.
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Iâll start cleaning up.
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From ACEAâs website: there are approximately 6.2 million trucks in Europe. Their electrification is only in its very early stages. However, green values are weighing heavily on the minds of shippers, and transport companies must gradually move toward fossil-freedom. There are hardly enough charging points for that many vehicles; they practically need charging power stations. That volume is staggering, and in the future, it is meant to run on electricity. Kempowerâs focus on improving heavy-duty charging technologyâi.e., speed and reliabilityâwill, in my opinion, be the key. Once they truly get a handle on that and the customer base grows, no factoryâs capacity will be enough. At that point, the pioneer will hold all the cards. This is just my own musing based on a pragmatic approach.
A Kempower shareholder needs time, years, but I believe the stock will eventually rise to unprecedented levels.
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Chargepoint is expecting a significant drop in revenue, so the difficulties seem to continue for these American charger manufacturers.
Weakened electric vehicle sales, as well as Teslaâs entry into the same markets, are certainly both factors.
Although many of the larger charger manufacturers have been struggling and it is unlikely to get easier as the market weakens, it could still open up opportunities for Kempower to gain more market share.
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(No paywall)
Interesting, things are progressing.
Plugit has flown under my radar a bit. Do they manufacture the chargers themselves? Are they a competitor to Kempower in the heavy transport sector? Here is some more information:
- Plugit HUBE L 360kW
- Shared power for two satellites max. 360kW
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Plugit does not manufacture chargers itself; instead, it uses chargers from various manufacturers when providing services to those who want charging systems. They have developed their own charging management software and are able to deliver, for example, very extensive 22kW charging systems for housing associations and other operators for whom slower charging is sufficient. Not every supplier can pull off such a system, and on the other hand, it is not in Kempowerâs territory at all. Case: Vallilan Konepajan autohalliin rakennettiin 750 autopaikan skaalautuva latausratkaisu - Plugit Lataus
Plugit is therefore more likely to be a Kempower customer than a competitor, also in those heavy transport solutions.
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High-power charging stations for ABC and K-Lataus were just completed side-by-side at Jumbo in Vantaa. The ABC chargers were from Kempower, but Keskoâs Plugit chargers were not. Probably units from some Chinese manufacturer?
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I suspect that the K-lataus station is manufactured by Delta. At least on the other side of Finland, a recently completed station was by Delta and, as far as I know, delivered from Slovakia.
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The device installed at Jumbo was like this, i.e., similar to that truck charger in Tampere
"Plugitâs charging solutions are manufactured in Finland, and they are designed
to last for a long time even in challenging northern conditions" 
Based on a Google search, Plugit seems to have its own design and assembly operations. Very little of this is actually marketed.
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The SÀhköautomiehet podcast has an episode from December 2021 about Plugit:
Just listened to it, highlights:
- âmost of the staff are IT people building Plugit Cloudâ
- focus has been on AC charging and housing cooperatives; âmore legwork is done on the AC sideâ; a large part of the initial discussion concerns housing cooperatives, not relevant
- âwe use hardware and components that can be used far into the futureâ ⊠âso that we donât get married to a hardware manufacturer or even a supplierâ ⊠âour selection includes brands like Keba, Schneider Electric, Ensto, ABBâ
- on dynamic load balancing: âitâs actually our own product, our own technology, our own softwareâ
- Hube (around time 25:15 â 29:20). âPlugitâs own project and product in practiceâ ⊠âDC / HPC product, 350 kW and that rangeâ ⊠âA portable and customizable fast-charging productâ
- Heavy traffic (33:50 ->) HSL, LeppĂ€vaara, bus charging. âA charging solution was deliveredâ ⊠âThe high-power charging equipment is there, and then thereâs our back-end service used to monitor, measure, and operate the entire arrangementâ ⊠âAre there other heavy traffic sites coming? we are investing heavily; we also have an R&D team as a core part of the business, and the logistics side in particular is something we will definitely invest in.â
Interesting case. This was recorded around the time of Kempowerâs listing. At least back then, Plugit clearly wasnât a charger manufacturer, though they were a charger supplier.
But on the software side, load balancing, and back-end services, they are operating in the same areas as Kempower.
It doesnât really look like that. At least so far, I havenât found any indications that they are currently a Kempower customer. And based on the podcast, the Viinikka truck charger news + the information in this thread, it doesnât sound like they would start buying from Kempower anytime soon in the future either, when they can supply their own Hube product.
But I canât say how serious of a competitor they are. I would love to hear thoughts from those more familiar with Kempowerâs competitors and competitive advantages. 
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The units in Turku were also made in Slovakia. Itâs quite strange that Kesko doesnât favor Finnish products in this matter!
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Kempower to commence share buyback
The Board of Directors of Kempower Corporation has decided to start the acquisition of the companyâs own shares based on the authorization granted by the Annual General Meeting held on March 30, 2023. A maximum of 140,000 shares will be acquired in one or several installments, corresponding to approximately 0.25 percent of all the companyâs shares. However, a maximum of EUR 5,000,000 will be used for the share acquisition. The shares will be acquired using the companyâs unrestricted equity. The shares will be acquired in public trading organized by Nasdaq Helsinki Ltd at the market price at the time of purchase.
The share buyback will commence no earlier than November 22, 2023, and will end no later than December 31, 2023. The company has a weighty financial reason for the acquisition of its own shares, as the shares are acquired to implement the incentive programs for the companyâs management and employees.
The total number of shares in Kempower Corporation is currently 55,542,920, and the company currently holds 125,174 of its own shares. The Annual General Meeting held on March 30, 2023, authorized the companyâs Board of Directors to decide on the acquisition of a maximum of 2,777,146 of the companyâs own shares. The authorization is valid until the end of the next Annual General Meeting, but no later than June 30, 2024.
Kempower Corporation
Board of Directors
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I didnât quite get the point of your message. The company hasnât sold any shares; it was one of the major owners.
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Shares will be acquired between 22.11.2023 and 31.12.2023. The annual report will be published in week 10/2024.
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Enlighten me. I donât understand why Kempower is starting to buy back its own shares. The current market value is justified by strong future growth. That requires investments and cash. Are there not enough investment opportunities to the extent that theyâd rather buy back their own shares from the market?
To me, at least, itâs a negative signal regarding future growth prospects.
EDIT: I would only understand this for the purpose of the companyâs key personnel incentive program. But it wasnât mentioned there, at least.
EDIT 2.0: It did say so there 
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