Spiro Throws a Curveball in Africa
Spiro's massive fundraise is trouble for competitors, and changes the landscape in Africa. The most exciting E2W market now also demands the largest cheques.
Spiro
7 total posts
A War India Can’t Win…
Indians have trounced the Chinese in ICE two-wheelers whenever the two have had head-on confrontations in any part of the world. However, the story may be different and the Indians are behaving like lame ducks when their biggest international bastion is under attack by the Chinese.
Spiro Hits the Biggest Fundraise in the History of Africa
Spiro has secured USD 100 million in funding, marking the largest single-tranche investment for any African mobility player. The funding will expand its battery-swapping infrastructure and speed up technology development. Spiro has 60,000 motorcycles on African roads and aims to take this number to 100,000 by year end.
Bushfires in Kenya
Between 2021 and 2024, motorcycle sales in Kenya declined by nearly 76% on an absolute basis. This is the kind of back-breaking fall that breaks economies, bankrupts companies, and destroys fledgling startups.
Wk 5 2025 – Does Honda have a Strategy for India?
Honda's 50% market share of the Indian scooter market is handy as it enters electric mobility with the Activa e: and QC1 scooters. But the prices and the subscription plans leave everyone puzzled. They don't want to disrupt the market. Instead, Honda wants to take it apart, brick-by-brick.
The Circularity of Sustainability
For electric mobility to be truly sustainable, battery recycling has to be a core requirement for participants. Honda and Spiro are at least making the right moves, figuring out in the early days how their batteries would be redeployed and recycled once their charge drops to below usable.
BodaBodas Part Deux
With more highly populated African countries enhancing power generation and cleaning up their grids, electric mobility is finding a natural fit against high-cost oil. The BodaBodas open a huge market, potentially worth USD 7.5 bn