What is Vammo's primary service?

Vammo provides electric motorcycles and a battery-swapping service, allowing riders to quickly exchange depleted batteries for charged ones.

What are Vammo's key recent achievements?

Vammo has achieved EBITDA profitability, surpassed 10 million battery swaps, and is expanding its operations to new cities.

Vammo Achieves Profitability and 10 Million Battery Swaps for Electric Motorcycles

The Brazilian EV company is expanding its operations and has reached EBITDA profitability, marking a significant milestone in the electric motorcycle market.

Flat illustration of Motorcycle, battery, kiosk, power lines, street lamp

2026-10-12 · Updated 2026-10-12

Brazilian electric motorcycle company Vammo has reached EBITDA profitability and surpassed 10 million battery swaps, signaling a major achievement for the company. Vammo, which has been operating in São Paulo since 2022, has built a network of approximately 1,000 battery-swapping points.

Riders utilize Vammo's electric motorcycles and can quickly exchange depleted batteries for fully charged ones at designated swapping locations, avoiding lengthy charging times. The company has seen a substantial increase in active customers, growing by 250% this year to over 10,000 riders.

Vammo is now embarking on its first significant geographic expansion, with Campinas designated as its second operational city. The company plans to focus on the state of São Paulo before eventually expanding throughout Brazil and into other Latin American markets.

Financially, Vammo reached breakeven in June, six months ahead of schedule, and is now consistently EBITDA profitable. This is a notable accomplishment for a young company in the capital-intensive electric motorcycle sector. Vammo is also introducing its third-generation swapping stations, which are designed to reduce costs by an additional 15% through AI-powered software that optimizes battery charging based on demand and usage patterns.

Despite electric motorcycles accounting for only 0.7% of Brazil's motorcycle sales, Vammo claims over 65% of the domestic electric motorcycle market. The company's model offers riders an estimated 35% savings compared to operating a traditional gasoline motorcycle, primarily through lower energy and maintenance costs.

FAQ

What is Vammo's primary service?: Vammo provides electric motorcycles and a battery-swapping service, allowing riders to quickly exchange depleted batteries for charged ones.
What are Vammo's key recent achievements?: Vammo has achieved EBITDA profitability, surpassed 10 million battery swaps, and is expanding its operations to new cities.