Vammo surpasses 1 million battery swaps for electric motorcycles in Brazil

electrek.co February 5, 2025, 02:01 PM UTC

Vammo, a battery-swapping service for electric motorcycles in Latin America, has surpassed 1 million battery swaps in just over a year. The service, based in São Paulo, Brazil, serves around 1,800 customers and has saved them $1.3 million in fuel costs. The company’s subscription model offers savings of up to 50% compared to gasoline motorcycles, with users saving $2,000 to $4,000 annually. Vammo has experienced rapid growth, with an 8x increase in revenue and customer base last year. Vammo's electric motorcycles are the top registered brand in Brazil. The company has also partnered with app-based taxi provider 99 to provide mototaxi drivers with access to its electric motorcycles.


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