Tag: Benin
Spiro Raises $50 Million As Demand For Its Battery Swapping Infrastructure & EVs Surges Across Africa
Motorcycles are a really big deal in a lot of African countries, with most of them deployed as taxis. Close to 30 million motorcycles on the continent are used in this motorcycle taxi industry. With almost 99% of them still being internal combustion engine motorcycles, there is a huge opportunity … [continued]
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What If Private Air Travel Meant The Wealthiest Had To Pay A Climate Tax?
Private jet owners and travelers bypass the hustle-and-bustle of major airports. They have the privilege of landing at secluded destinations with luxury concierge amenities, isolating themselves from the congestion, inconveniences, and scrutiny that everyday air travelers experience. If a new proposal becomes the norm, however, owners of private jets, the … [continued]
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Spiro Raises $100 Million in Africa’s Largest-Ever Investment in Electric Mobility
Spiro expects to surpass 100,000 deployed electric motorcycles within 2025 — a 400% year-over-year jump. Before this latest round, Spiro had secured more than $180 million from Equitane and Société Générale. That brings the total funding secured by Spiro so far to $280 million! We have been covering the developments … [continued]
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Thanks to Widely Available Solar Panels & Batteries at More Affordable Price Points, African Countries Are Finally Going Solar!
About a year ago, I wrote an article titled “Is There Really “Structural Overcapacity” of EVs & Solar that “the World Cannot Absorb”?” That was because everywhere you go, you would bump into an article talking about how China (Chinese companies) are massively over-producing solar panels, lithium-ion batteries, and electric … [continued]
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Spiro’s Rapid Progress On The African Continent Shows That The Transition To EVs Is Well Underway
“I hopped on to an electric motorcycle in Kigali, Rwanda, and I was happy to see that the motorcycle taxi operator was a woman. It’s been a while since I got onto a motorcycle operated by a woman. I was very excited because getting one is like winning the lottery. … [continued]
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