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This electric motorcycle company just hit 10 million battery swaps – and it’s profitable
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…
AI Summary
Brazilian electric‑motorcycle and battery‑swapping firm Vammo announced it has achieved EBITDA profitability while exceeding 10 million battery swaps. The company now serves more than 10,000 active riders and is preparing to expand its model beyond its São Paulo base.
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