eWON VPN point to point

Is it possible to bypass the Talk2M cloud and do a point-to-point VPN connection, similar to a certain competitor?

I’m not sure which competitor you are referring to, but yes, you can configure an ewon with your own OpenVPN server. Instructions can be found here:

https://forum.hms-networks.com/t/subject-ubuntu-openvpn-server-and-industrial-vpn-router-openvpn-client/19335/8