Vammo says it has surpassed 10 million battery swaps and reached EBITDA profitability
Brazilian electric motorcycle and battery-swapping company Vammo says it has reached EBITDA profitability, passed 10 million battery swaps and grown to more than 10,000 active riders. The milestones matter as the company prepares to expand beyond São Paulo.
Brazilian electric motorcycle and battery-swapping company Vammo says it has reached EBITDA profitability while surpassing 10 million battery swaps. The company also says it now has more than 10,000 active riders.
According to the report, these milestones come as Vammo prepares to take its model beyond its home market of São Paulo. No further expansion details were provided in the source.
The information comes from Electrek’s Oct. 12, 2026 report and is presented as company progress milestones rather than a formal policy or product launch.