What Beeway does

Beeway is a French manufacturer of electric and hydrogen-powered modular utility vehicles targeting professional mobility for municipalities and commercial operators across Europe. Founded in April 2021 by Michel Lecomte, a motorsport engineer with twelve 24 Hours of Le Mans participations, the company operates from two facilities totaling approximately 3,000 m² in Mulsanne (Sarthe, France), near the Le Mans circuit, and was acquired in 2022 by investment group Xerys Invest through PowiDian. The legal entity is LMI (Leverage Mobility via Innovation SAS) with share capital of €421,990 and an ISO 9001-certified quality management system.

The product portfolio is built around a proprietary modular bolted-chassis platform with a French-made liquid-cooled synchronous motor (up to 150 kW) and 1–3 NMC battery modules providing 41–123 kWh of capacity. Current vehicles include the Beeway B1 (42/62 kWh), B2 (84 kWh), B3 (126 kWh), and H2 (hydrogen fuel-cell hybrid with 41 kWh buffer battery and 5.1 kg H2 storage), plus a newly homologated 4t2 N2 variant that adds roughly 700 kg of payload capacity and integrates Streamax ADAS for European GSR 2 compliance. The same chassis underpins multiple body configurations (box, tipper, refrigerated, refuse collection, elevator, high-pressure washer) and is also licensed to third-party integrators.

Beeway generates revenue through three streams: direct and distributor-led hardware sales (its primary model), professional services including maintenance, training, homologation, and industrialization support, and platform licensing to integrators. In France, vehicles are sold through internal sales teams and distributors; export markets (Spain, Germany among others) are served through distributor partnerships. Pricing is provided on request rather than published, with customer economics significantly shaped by public subsidies such as France's 160% bonus depreciation and Spain's MOVES III grant program. The team comprises roughly 30 specialists across design, manufacturing, quality, and commercial functions.

Name

Beeway

Legal name

L M I Leverage Mobility via Innovation SAS

Website

https://beeway.eu

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Beeway is a French manufacturer of electric and hydrogen modular utility vehicles for European municipalities and commercial operators, built on a proprietary bolted chassis with NMC battery modules (41–123 kWh) and sold via direct sales in France and distributor networks abroad.

Ownership category

akta.pro rank

Product category

Electric Commercial Utility Vehicles

NAICS

Heavy Duty Truck Manufacturing (336120)

SIC

Truck & Bus Bodies (3713)

akta.pro primary industry

Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells) (IMACABAK)

akta.pro secondary industry

EV & Hybrid Battery Service, Diagnostics & Reconditioning (TLAKAMAA)

Keywords

• Electric utility vehicles
• Hydrogen commercial vehicles
• Modular vehicle platforms
• Zero-emission mobility
• Professional fleet vehicles

Headquarters

HQ city

Mulsanne

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Electric Utility Vehicle Sales: Sale of electric and hydrogen utility vehicles (Beeway B1, B2, B3, H2 models) with modular chassis-cab design. Vehicles sold directly in France through internal sales teams or indirectly through distributor network. Export sales handled through distributor partnerships.
2. Professional Services: Maintenance and repair services through authorized networks in France and Europe. Training services for electrical maintenance, routine maintenance, and hydrogen maintenance. Design and engineering services for special developments. Certification and homologation services. Industrialization support for partners transitioning from prototype to production.
3. Modular Electric Platform Licensing: Sale of Beeway electric platform to integrators for building innovative vehicles for on-road and off-road applications. LMI provides automotive expertise, homologation support, and can assist with industrialization.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Beeway manufactures electric and hydrogen-powered modular utility vehicles for professional and municipal use, built on a common bolted chassis-cab platform. The lineup includes battery-electric models (B1, B2, B3 with 42-126 kWh capacities) and a hydrogen fuel cell hybrid (H2), offered in multiple body configurations including box truck, tipper, refrigerated box, refuse collection, elevator, and high-pressure washer. The company also licenses its modular electric platform to third-party integrators for building specialized on-road and off-road vehicles.

Product overview

Beeway is an electric and hydrogen-powered utility vehicle manufacturer offering a modular platform-based approach. The product lineup includes four main battery electric models (B1, B2, B3 with 42-126 kWh capacities) and one hydrogen hybrid model (H2), all built on a common modular chassis architecture. Vehicles are available in multiple configurations including box truck, tipper, refrigerated box, refuse collection, and elevator. A new 4t2 N2 homologation extends payload capacity for heavier applications. Beeway also offers its modular electric platform to third-party integrators for building specialized vehicles. All models feature 220V power take-off for running tools and equipment. The company provides 9 kW AC and up to 150 kW DC charging, with hydrogen vehicles refueling in minutes.

Differentiator

Problem solved

Functional benefit

Brands

• Karr: A vehicle developed for Oeliatec, carrying hot water herbicide equipment. Available as chassis cabin with optional equipment.
• Bee-Bee

Quantifiable outcome

• Nearly 600 km range in refuse collection operation with regenerative braking
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Partnerships

Six partnerships are on record, tiered core, strategic and minor.

• StreamaxcoreTechnology or IntegrationTechnology partnership for advanced driver assistance systems (ADAS). Streamax provides camera and sensor-based systems including speed sign reading, lane departure warning, front obstacle detection with emergency braking, side blind spot monitoring, and driver distraction/drowsiness detection. Partnership enables Beeway to meet European GSR 2 regulations. Solutions demonstrated on Beeway 4t2 prototype at Transport Logistic 2025.
• Oeliatec / KarrstrategicStrategic or Co-development PartnerCo-development partnership for the Karr vehicle - a hot water herbicide application vehicle. LMI developed the base vehicle which Oeliatec equips with their technology. Karr is also distributed by LMI through its distribution network.
• Tecno (Merlo Group)minorStrategic or Co-development PartnerPartnership for refuse collection vehicle application. Tecno, part of the Merlo Group, manufactures refuse collection bodies for Beeway vehicles. Demonstrated at LMH2 event with Beeway in refuse collection configuration.
• PowiDianstrategicTechnology or IntegrationPart of the Xerys group, specializing in stationary hydrogen applications for production, storage, or electricity generation. Contributed hydrogen expertise to the development of Beeway H2 hydrogen version. Now operates separately from LMI/Beeway in its respective specialization area.
• MubilminorStrategic or Co-development PartnerBasque Country mobility cluster that brings together public and private actors to promote intelligent and sustainable mobility initiatives. Organized Mubil Mobility Expo in Irun, Spain, where Beeway was presented. Goal is to make Gipuzkoa and the Basque Country important players in sustainable mobility.
• WondercrushminorOthersBranding agency that collaborated with Beeway to create the brand identity. Clickable logo on Beeway website linking to Wondercrush case study.

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Ford Pro: Ford's E-Transit is one of the leading electric light commercial vehicles in Europe and North America. Targets the same professional/municipal fleet customers as Beeway with comparable payload and range specifications.
• Workhorse Group: US-based manufacturer of electric light and medium-duty commercial vehicles, including chassis-cab configurations for last-mile delivery and utility applications. Similar product philosophy to Beeway with comparable target use cases, though focused on the North American market.
• Mercedes-Benz Vans: Mercedes offers eVito and eSprinter electric vans in similar weight class and use cases. Premium positioning but increasingly competing in fleet electrification tenders where Beeway participates, leveraging broader corporate service network.
• Renault (Renault Trucks and Renault light commercial): French OEM offering the Master E-Tech Electric and Kangoo E-Tech, electric light commercial vehicles directly competing with Beeway in the same weight class (up to 4.2 t) and same French/European market. Similar focus on fleet electrification for professional users with established dealer network.
• Stellantis (Citroën, Peugeot, Opel, Fiat Professional): Stellantis brands offer electric LCVs including Citroën ë-Berlingo/ë-Jumpy, Peugeot e-Partner/e-Expert, Opel Vivaro-e, and Fiat e-Ducato. Direct competitors to Beeway in the European electric commercial vehicle market with established dealer networks and fleet sales operations.
• IVECO: IVECO's eDaily is a battery-electric light commercial vehicle with chassis-cab variants available, directly comparable to Beeway's modular chassis-cab approach. Italian OEM with strong presence in European municipal and commercial fleet market.

Broad incumbents

• BYD: Chinese automaker with expanding electric commercial vehicle portfolio including light vans, trucks, and buses. Broad product range across multiple weight classes and increasingly active in European commercial vehicle markets with competitive pricing.
• DAF Trucks: Dutch truck manufacturer (PACCAR group) developing electric truck lineup for the European market. While primarily focused on heavier trucks (XF, LF Electric), expansion into lighter commercial segments could overlap with Beeway's addressable market over time.

Emerging players

• Volta Trucks: Electric truck startup focused on medium-duty distribution vehicles in urban environments. Similar European focus and decarbonization narrative to Beeway, though addressing a heavier weight class (16 t Volta Zero).
• Arrival: Electric LCV startup with similar modular platform approach targeting commercial fleets. Has faced significant financial and operational challenges, representing the difficulty of scaling electric commercial vehicle manufacturing from startup to volume production.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/beeway-lmi-en

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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 Beeway