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Zaptec: had positive and strong growth the first full fiscal year in Sweden

  • Sector: Infrastructure
  • Date: May 4, 2021

  • Company: Zaptec is world-leading on smart charging systems for electric cars in housing co-operatives, businesses and at home.

Zaptec founded its Swedish subsidiary in 2019 and it has proven to be a success story. In 2020, the first full fiscal year, Zaptec Sweden had a 20 MSEK revenue and a positive result at 1,4 MSEK. This demonstrates the widespread demand for green charging solutions to supplement the electric transportation sector in Sweden.

Zaptec Sweden’s growth in sales has continued into 2021. During the first month of 2021, the company sold almost ten times as many charging stations than it did in the course of 2019 as a whole. One of the driving factors behind this is the growth in the number of electric vehicles in the Swedish market. We are proud to report strong sales growth and a profit for Zaptec in Sweden despite what was a challenging year due to the pandemic, says Anna-Karin Andersen, CEO of Zaptec Sweden. 2020 has proven to us that we have a stable business model and great products, not to mention our skilled organisation backing it all up, said Andersen.

Zaptec Sweden is energised for further growth together with its partners. In the past year, its original fleet of 22 resellers has grown to around 120, and the network continues to grow. This is significantly improving availability when it comes to investments in electric car chargers. At Zaptec, our partners are incredibly important to us, says Andersen. Our close cooperation means that we grow together, which is a major reason why we have experienced such strong growth, while also ensuring that you can charge your car using a Zaptec system almost anywhere in Sweden, Andersen concludes.