DLL and Kempower partner to drive EV charging accessibility

In a significant step toward advancing electric vehicle (EV) adoption, global asset finance company DLL and EV fast-charging solutions provider Kempower have announced a partnership to deliver financing solutions designed to expand EV charging infrastructure. The initiative targets the United Kingdom, Denmark, Finland, Norway, Sweden, Italy, Australia, and New Zealand, with plans to extend to additional markets in the future.

The collaboration combines Kempower’s expertise in Direct Current (DC) fast-charging technology with DLL’s robust financial services network. By offering customied financing soptions, the partnership aims to reduce the upfront costs of deploying EV chargers, making the transition to electric transportation more accessible for businesses and communities.

The financing solutions, tailored to different market needs, include financial leasing, operational leasing, and retail instalment contracts. These options allow businesses to spread costs over time, preserve working capital, and adapt financing terms to meet their unique requirements.

“In today’s world, where the cost of capital is high, we’ve listened to our customers and responded with financing solutions that can make EV charger deployment easier and more affordable,” said Jussi Vanhanen, Chief Market Officer at Kempower.

“These financing solutions will be designed to maximise customer capital efficiency, enabling them to invest in growth, rather than upfront costs.”

The partnership reflects both companies’ commitment to advancing the global energy transition. Kempower’s cutting-edge DC fast-charging technology aligns with DLL’s mission to promote energy-efficient equipment and support decarbonisation efforts.

With a portfolio exceeding €44 billion, DLL is committed to being a “transition partner for a better world,” said Adrian Leach, DLL’s Global Head of Energy Transition. “This partnership will provide Kempower’s customers access to financing solutions that can enable them to obtain the equipment they need to be successful.”