This electric motorcycle company just hit 10 million battery swaps – and it’s profitable
October 13, 2026
Brazilian electric motorcycle and battery-swapping company Vammo is hitting several major milestones as it prepares to take its model beyond its home of São Paulo, including reaching EBITDA profitability, surpassing 10 million battery swaps, and growing to more than 10,000 active riders.
Vammo has operated in São Paulo since 2022, building out a network that now includes roughly 1,000…