ZEWAY

About ZEWAY

ZEWAY offers a subscription-based service for electric scooters that features a unique battery swapping technology, allowing users to exchange depleted batteries for fully charged ones in under 50 seconds at over 150 stations in Paris and Nice. This solution eliminates the long charging times and range anxiety associated with traditional electric scooters, providing a cost-effective and convenient alternative to fossil fuel-powered vehicles.

```xml <problem> Electric scooters offer an eco-friendly alternative to traditional vehicles, but long charging times and range limitations can cause inconvenience and anxiety for users. Traditional charging methods often require several hours of downtime, making it difficult for riders to use their scooters for spontaneous trips or extended commutes. </problem> <solution> ZEWAY provides a subscription-based electric scooter service that addresses these issues through a battery-swapping network. Subscribers can quickly exchange depleted batteries for fully charged ones in under 50 seconds at strategically located stations throughout Paris and Nice. This eliminates charging delays and range anxiety, offering a seamless and cost-effective transportation solution. The all-inclusive subscription covers the scooter, unlimited battery swaps, insurance, maintenance, and free parking in Paris, providing a hassle-free experience compared to owning a traditional scooter. </solution> <features> - Battery swapping technology enabling exchanges in under 50 seconds - Network of over 150 battery swap stations in Paris and Nice - Unlimited battery swaps included in the subscription - All-inclusive subscription covering scooter, insurance, and maintenance - Free parking in Paris for subscribers - A range of scooter models available, including 50cc and 125cc equivalents - Mobile app to locate nearby swap stations </features> <target_audience> ZEWAY primarily targets urban commuters and residents in Paris and Nice seeking a convenient, cost-effective, and environmentally friendly alternative to traditional transportation methods. </target_audience> <revenue_model> ZEWAY generates revenue through monthly subscription fees, which vary depending on the scooter model and subscription plan, starting from €130 per month. </revenue_model> ```

What does ZEWAY do?

ZEWAY offers a subscription-based service for electric scooters that features a unique battery swapping technology, allowing users to exchange depleted batteries for fully charged ones in under 50 seconds at over 150 stations in Paris and Nice. This solution eliminates the long charging times and range anxiety associated with traditional electric scooters, providing a cost-effective and convenient alternative to fossil fuel-powered vehicles.

Where is ZEWAY located?

ZEWAY is based in Paris, France.

When was ZEWAY founded?

ZEWAY was founded in 2019.

How much funding has ZEWAY raised?

ZEWAY has raised 44790000.

Location
Paris, France
Founded
2019
Funding
44790000
Employees
66 employees
Major Investors
Demeter, NCI

Find Investable Startups and Competitors

Search thousands of startups using natural language

ZEWAY

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

ZEWAY offers a subscription-based service for electric scooters that features a unique battery swapping technology, allowing users to exchange depleted batteries for fully charged ones in under 50 seconds at over 150 stations in Paris and Nice. This solution eliminates the long charging times and range anxiety associated with traditional electric scooters, providing a cost-effective and convenient alternative to fossil fuel-powered vehicles.

zeway.com3K+
cb
Crunchbase
Founded 2019Paris, France

Funding

$

Estimated Funding

$20M+

Major Investors

Demeter, NCI

Team (50+)

No team information available.

Company Description

Problem

Electric scooters offer an eco-friendly alternative to traditional vehicles, but long charging times and range limitations can cause inconvenience and anxiety for users. Traditional charging methods often require several hours of downtime, making it difficult for riders to use their scooters for spontaneous trips or extended commutes.

Solution

ZEWAY provides a subscription-based electric scooter service that addresses these issues through a battery-swapping network. Subscribers can quickly exchange depleted batteries for fully charged ones in under 50 seconds at strategically located stations throughout Paris and Nice. This eliminates charging delays and range anxiety, offering a seamless and cost-effective transportation solution. The all-inclusive subscription covers the scooter, unlimited battery swaps, insurance, maintenance, and free parking in Paris, providing a hassle-free experience compared to owning a traditional scooter.

Features

Battery swapping technology enabling exchanges in under 50 seconds

Network of over 150 battery swap stations in Paris and Nice

Unlimited battery swaps included in the subscription

All-inclusive subscription covering scooter, insurance, and maintenance

Free parking in Paris for subscribers

A range of scooter models available, including 50cc and 125cc equivalents

Mobile app to locate nearby swap stations

Target Audience

ZEWAY primarily targets urban commuters and residents in Paris and Nice seeking a convenient, cost-effective, and environmentally friendly alternative to traditional transportation methods.

Revenue Model

ZEWAY generates revenue through monthly subscription fees, which vary depending on the scooter model and subscription plan, starting from €130 per month.

Want to add first party data to your startup here or get your entry removed? You can edit it yourself by logging in with your company domain.