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Vammo

Transportation · São Paulo, Brazil · Founded 2022

Vammo is a Brazilian startup focused on accelerating the adoption of electric motorcycles in Latin America. The company operates on a subscription-based model, providing customers with electric motorcycles and access to a network of battery swapping stations. This model is particularly aimed at serving the needs of last-mile delivery workers and individuals with long commutes in urban centers like São Paulo, where traffic congestion and fuel costs are significant issues. The subscription includes the electric motorcycle, documentation, insurance, and maintenance, removing the high upfront cost barrier that often hinders the adoption of electric vehicles. The core of Vammo's offering is its battery swapping ecosystem. Instead of waiting for a vehicle to charge, users can quickly swap a depleted battery for a fully charged one at various "Vammo Houses" or cabinets strategically located throughout the city. This system is designed to be efficient and convenient, minimizing downtime for commercial users who rely on their vehicles for income. The motorcycles are customized for local road conditions and optimized for battery swapping, featuring real-time tracking and diagnostics. Vammo, formerly known as Leoparda Electric, was founded by former executives from Rappi and Tesla, bringing together expertise in logistics and electric vehicle technology. The company has successfully raised significant funding, including a $30 million Series A round, to expand its network of battery swapping stations and scale its operations across Brazil and other Latin American markets. By providing an affordable and convenient solution, Vammo aims to reduce carbon emissions and air pollution in major Latin American cities. Keywords: electric motorcycles, battery swapping, subscription service, urban mobility, last-mile delivery, cleantech, Latin America, vehicle financing, logistics, energy infrastructure