Tag: Spiro
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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Crocodile Economics Comes to Africa: Trade, Solar, and the New Energy Map
When I was invited onto UK energy regulator Ofgem’s eight-part Inside Energy podcast to discuss where the next great shift in the global energy system might come from as part of the closing episode, due to drop in January, the hosts likely expected an answer rooted in Europe or Asia. … [continued]
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Electric Motorcycles Take 10% Market Share of New Motorcycle Sales in Kenya in the First 8 Months of 2025
The KNBS Economic Survey Report (2025) covering the period from January 2024 to December 2024 shows that 68,804 new motorcycles were registered in Kenya in 2024. Of these, 4,862 motorcycles were electric according to data presented by the Electric Mobility Association of Kenya (EMAK). That means 7.1% of new motorcycle … [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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Spiro Kenya Is Taking E-Mobility Countrywide
As Kenya’s largest city, most initiatives in any industry start in Nairobi. Of course, as the place with the highest number of motorcycles in the country, as companies worked to find solutions to electrify Kenya’s massive motorcycle taxi industry, most, if not all, of the companies in the sector started … [continued]
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