By
Dennis Musau
Technology Correspondent
Nation Media Group
Electric motorcycle company Spiro has raised $55 million (Sh7 billion) in fresh funding to accelerate its local manufacturing plans and expand its battery-swapping network across Africa.
Spiro raises Sh7bn to expand e-motorbike production, battery-swapping
The electric motorcycle company plans to deepen local manufacturing and expand its battery-swapping network across new African markets.
TL;DRAI
Spiro secures $270M to localize manufacturing and scale battery-swapping to 2,500+ stations across Africa. Vertical integration with Nairobi R&D hub reduces import reliance and strengthens unit economics—essential for competing against Chinese e-mobility entrants.
519 words~2 min read
