JET Electric Scooter Shares 85% of Brazil's Shared Mobility Market
Russian-founded JET now dominates the Brazilian electric scooter market with 85% share. The company operates 40,000 vehicles across 53 cities, recording over 1.5 million monthly trips.
JET has emerged as the dominant player in Brazil's shared micromobility sector, controlling approximately 85% of the national market for scooters and e-bikes. Founded in Kazakhstan, the company launched operations in Brazil in 2024 despite earlier rumors that the segment had declined following exits by brands like Yellow and Grin. Ilia Timakhovskii, CEO of JET in Latin America, attributes this success to increased traffic congestion and a growing demand for alternative transport among commuters. The company currently manages a fleet of 40,000 vehicles deployed across 53 Brazilian cities. According to internal data, JET facilitated between 1.5 million and 1.8 million trips each month in 2024. Since arriving less than two years ago, the company has recorded over 25 million total rides with more than seven million registered users distributed across 15 states. Competitor Whoosh operates independently as a Russian entity in Brazil, maintaining a fleet of roughly 10,000 scooters primarily in São Paulo. JET aims to expand its footprint further through additional city launches.
