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Power

This electric motorcycle company just hit 10 million battery swaps – and it’s profitable

Source: Electrek

CEII brief

Electrek reported on 12 Oct 2026: 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 swaps, and growing to more than 10,000…

— Electrek
Read the full story on Electrek

Context from CEII

Grids decide whether generation becomes power that homes and businesses can rely on. Generation mix, transmission and distribution losses, and tariffs together shape reliability and the case for investment.

91.9% of people worldwide had electricity in 2024

Original reporting © Electrek. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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