What ZEWAY does

Sweetch (operating as ZEWAY) is a Paris-based electric mobility company founded in 2019 that sells electric scooters and operates a battery swapping subscription service across Paris and its petite couronne. The core technology is a network of automated locker stations at which subscribers present a depleted battery; a locker opens to charge it while a separate locker releases a fully charged unit, completing the exchange in under one minute. The hardware portfolio spans seven variants — Swapper One, X, X+, Two, Two+, Triango+, and the third-party Horwin SK1 — covering 50cc and 125cc displacement classes and price points from €399 to €1,549. Subscribers pay €39.99 per month for unlimited battery exchanges, with new scooter purchases bundled with three months of complimentary charging. The company sells direct-to-consumer through a Paris showroom at 198 Bis rue La Fayette and through its own e-commerce website, with mobile apps on iOS and Android providing station discovery and subscription management.

The business combines one-time hardware revenue (scooter sales, including used units) with recurring subscription revenue (€39.99/month battery swapping). The customer base is urban commuters in the Paris metropolitan area whose primary pain points are range anxiety, charging wait time, and the high upfront cost of electric two-wheelers. Distribution is direct-to-consumer, supported by a referral/affiliate channel (zewaydotcom) and a physical retail presence. The company's go-to-market relies on owning and operating the station infrastructure, with each station acting as a physical moat that increases subscriber convenience and raises the barrier to entry for any competitor attempting to replicate the same urban density.

Sweetch has raised approximately $44 million across two disclosed rounds (May 2020 and March 2023) from a strategic investor consortium including Allianz France, Demeter, NCI, ADEME Investissement, Banque des Territoires, and Matmut Innovation. Leadership comprises six executives across co-founder, COO, managing director, CFO, CTO, and CMO roles. The company remains privately held, single-country, and has not disclosed revenue, subscriber counts, or unit-sales figures.

Name

ZEWAY

Legal name

Sweetch

Website

https://zeway.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Sweetch (operating as ZEWAY) is a Paris-based electric mobility company that sells swappable-battery scooters and operates an automated battery swapping station subscription service for urban commuters across Paris and its inner suburbs.

Ownership category

akta.pro rank

Product category

Electric Scooters

NAICS

Motorcycle, ATV, and All Other Motor Vehicle Dealers (441227), Motorcycle, Boat, and Other Motor Vehicle Dealers (44122)

SIC

Motorcycles, Bicycles & Parts (3751), Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

E-Mopeds & Light Electric Motorbikes (Consumer) (CRACASAG)

akta.pro secondary industries

Micromobility Charging & Battery Swapping Services (THADAGAL), Moped & E-Moped Rentals (THADAGAF)

Keywords

• Electric scooters
• Battery swapping
• Urban mobility
• Micro mobility services
• Subscription vehicles

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Scooter Sales: Direct sales of electric scooters to customers. Offers both new and used scooters at various price points ranging from €399 to €1,549 depending on model and specifications.
2. Battery Swapping Subscription: Monthly subscription service for unlimited battery swaps at the station network. Priced at €39.99/month allowing unlimited battery exchanges without running out of charge.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

ZEWAY (operating as Sweetch) sells electric scooters (50cc and 125cc models ranging from €399 to €1,549) and operates a battery swapping subscription service across Paris and its petite couronne. Customers purchase scooters (new or used) and subscribe to unlimited battery exchanges at automated station lockers, where depleted batteries are swapped for fully charged ones in under one minute.

Product overview

Sweetch is an electric scooter company operating a battery swapping ecosystem in Paris and surrounding suburbs. The portfolio consists of multiple scooter models (Swapper One, Swapper X, Swapper X+, Swapper Two, Swapper Two+, Swapper Triango+, and Horwin SK1) ranging from 50cc to 125cc, available for purchase from €399 to €1549. The core value proposition is the battery swapping network—users can exchange depleted batteries at automated stations in under one minute, with subscription plans starting at €39.99/month. The offering combines hardware sales (scooters) with a service infrastructure (swapping stations and mobile app for station location).

Differentiator

Problem solved

Functional benefit

Products and services

• Swapper One Entry-level 50cc electric scooter available from €399, compatible with the Sweetch battery swapping network. Targeted at first-time buyers and urban commuters in Paris.
• Swapper X Mid-range 50cc electric scooter available from €1,049, offering enhanced features compared to the Swapper One and compatible with the Sweetch battery swapping network.
• Swapper X+ Higher-powered 125cc variant of the Swapper X electric scooter available from €849, with increased displacement and swappable battery compatibility.
• Swapper Two Premium compact 50cc electric scooter available from €1,149, equipped with the Sweetch swappable battery system.
• Swapper Two+ Higher-powered 125cc version of the Swapper Two electric scooter available from €1,149, offering increased performance and swappable battery compatibility.
• Swapper Triango+ Design-oriented 125cc electric scooter available from €849, featuring distinctive triangular design elements and compatibility with the Sweetch battery swapping network.
• Horwin SK1 Premium 50cc electric scooter available from €1,549, sourced from third-party manufacturer Horwin and integrated with the Sweetch battery swapping network.
• Battery Swapping Subscription Monthly subscription service priced at €39.99/month providing subscribers with unlimited access to the Sweetch battery swapping station network across Paris and its petite couronne, with promotional 3 months free included with initial scooter purchase.

Quantifiable outcome

• Battery exchange completed in under 1 minute

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Zeway (zewaydotcom)minorGTM or Marketing PartnerReferral/affiliate partnership indicated by URL parameter 'ref=zewaydotcom' on sweetch.club. Zeway appears to drive traffic and customer referrals to Sweetch's electric scooter and battery swapping service. The exact nature and terms of this partnership are not detailed in the source material.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Lime: Lime operates shared e-scooter and e-bike fleets across European cities including Paris. It targets the same urban commuter use case as ZEWAY but via dockless shared mobility rather than owned scooter + swap subscription.
• Yadea: Yadea is one of the largest global electric two-wheeler manufacturers with broad retail distribution in Europe. It competes with ZEWAY on consumer e-scooter purchase but does not operate an integrated swap subscription network.
• BMW Motorrad (CE 02 / CE 04): BMW Motorrad markets premium electric scooters in Europe. It competes with ZEWAY at the higher-performance, higher-price tier of urban e-mobility but relies on conventional charging rather than a swap network.
• Voi Technology: Voi is a major European shared micromobility operator (e-scooters and e-bikes) active in Paris. It overlaps with ZEWAY on the urban two-wheeler mobility use case but serves riders through shared-fleet rental rather than vehicle ownership and subscriptions.
• Tier Mobility: Tier is a European shared micromobility operator with a presence in Paris. It overlaps with ZEWAY on the urban micro-mobility customer but addresses them through shared rental rather than ownership plus battery swap subscription.
• Honda (EM1 e: and successors): Honda is launching Honda Mobile Power Pack swappable-battery electric mopeds in Europe, directly contesting ZEWAY's swap-based proposition. As an incumbent OEM it has scale and dealer reach advantages.

Direct peers

• Gogoro: Gogoro is the global pioneer of swappable-battery electric scooter networks, operating the same scooter-plus-swap-station-plus-subscription business model that ZEWAY replicates in Paris. It is the most direct comparable in technology and unit economics.
• NIU Technologies: NIU is a leading global smart e-scooter brand selling consumer and fleet electric mopeds across Europe and Asia. It is a direct peer on the hardware side and increasingly active in swappable battery and connected-subscription offerings.
• Askoll EVA: Askoll is an Italian e-scooter OEM selling consumer and B2B electric mopeds in European markets. It is a direct peer on the consumer e-moped retail side, though it does not yet operate a swap network of ZEWAY's scale.
• Silence Urban Ecomobility: Silence designs and manufactures electric mopeds with a removable/swappable battery pack and operates its own battery swap network in Spain and parts of Europe. Like ZEWAY, it combines proprietary e-moped hardware with a subscription swap service.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/zeway_official

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds2 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ZEWAY