CTEK AB, Zaptec ASA, and Kempower Oy are leaders in the electric vehicle (EV) charging industry, each offering unique approaches to address the growing demand for sustainable charging infrastructure.
CTEK AB, based in Sweden, has comprehensive charging solutions for both vehicle batteries and EVs. Its products include the CTEK E-mobility series, offering residential and commercial chargers with energy management integration and remote monitoring. CTEK also emphasizes integration with payment systems, making it a choice for commercial installations.
Zaptec ASA, from Norway, specializes in compact, user-friendly EV chargers. Products like the Zaptec Go (22 kW) and Zaptec Pro feature advanced load and phase balancing, allowing multiple vehicles to charge simultaneously. With minimal external hardware, Zaptec is commonly used for residential and business installations focusing on scalability and efficiency.
Kempower Oy, a Finnish company, has modular and scalable charging systems, particularly for public fast-charging networks and fleet operations. Kempower chargers, such as the Kempower S-Series, provide dynamic power distribution and high charging speeds, making them suitable for large-scale deployments like highways and transit hubs.
- Differences Between CTEK AB, Zaptec ASA, and Kempower Oy:
- Core Focus:
- CTEK: Comprehensive battery and EV charging solutions.
- Zaptec: Compact, efficient residential and small-scale solutions.
- Kempower: Modular, high-speed chargers for public and fleet networks.
- Technology:
- CTEK: Energy management and payment integration.
- Zaptec: Load balancing and minimal hardware.
- Kempower: Dynamic power sharing for fast charging.
- Market Target:
- CTEK: Global residential and commercial users.
- Zaptec: European residential and small businesses.
- Kempower: Large-scale public infrastructure and fleets.
- Output:
- CTEK: Moderate power (up to 22 kW).
- Zaptec: Efficient home/small business (up to 22 kW).
- Kempower: High-speed DC charging (up to 350 kW).
- Design:
- CTEK: Functional and durable.
- Zaptec: Sleek and compact.
- Kempower: Industrial and scalable.
Finally, it is worth noting that all three companies have been facing increased competition from large incumbents and newcomers, as well as facing problems with slacking demand as EV sales have not reached expected numbers during last year. This is reflected in their share prices that are quoted on the various stock exchanges:
Note – The purpose of this article is to compare a group of three growing established Nordic companies in this sector – however there are many other large and small Nordic companies also offering EV solutions that were not chosen for this comparison for reasons of simplicity. The three happen to be similar in size and have actively traded shares. They other Nordic companies are Fortum (Finland) Compleo Nordic (Sweden), St1 Nordic (Finland), Scania/Erinion (Sweden), Monta (Denmark), and from Norway, Easee , Mer, DEFA, and Wattif EV.
Graphs: Google Finance
Photo: Zaptec
