Skip to content

Live signals: ZENO RAISED USD 25m Series-A (Mar 26); SPIRO RAISED USD 270m (June/July 26); ARC RIDE RAISED USD 23m Series A Equity + USD 10.3m Debt (Sep26); OLA PLANS INR 1.5bn QIP; YULU USD 93m (Aug 26); E3ELECTRIC.AI RAISED USD 10.4m (Jul 26); RIVER RAISED USD120m (Aug 26); SIMPLE ENERGY RAISED USD 13.5m Series B Equity + USD 13.1m Debt (Jun 26); DODAI RAISED USD 13m Series A (May 26); MATTER RAISED USD 25m (Aug 26); BGAUSS RAISED INR 1100m (Aug 26); ROAM TARGETS USD 15-20m; DAT BIKE RAISED USD 22m (Oct 25); OMOWAY Undisclosed (10s of millions of USD)(Jan 26)

Yadea to deploy motorcycles on Spiro network

Spiro Aligns Another Hardware Supplier in Yadea

African battery-swapping giant Spiro has lined up another hardware supplier with Yadea, the world's largest electric two-wheeler manufacturer. In an announcement made three days ago, Spiro said that they will partner with Yadea to deploy more electric motorcycles in Africa and also to develop Africa-specific products.

Published : September 15, 2026
810 words
Deepesh Rathore

Table of Contents

African battery-swapping giant Spiro has lined up another hardware supplier with Yadea, the world’s largest electric two-wheeler manufacturer. In an announcement made three days ago, Spiro said that they will partner with Yadea to deploy more electric motorcycles in Africa and also to develop Africa-specific products.

If you like reading rather dry press releases, head here.

Cool copy-paste from the Press Release

“The strategic partnership combines Yadea’s global manufacturing and R&D capabilities with Spiro’s operational network and battery-swapping ecosystem across seven countries. Together, the companies aim to build a scalable, commercially sustainable EV framework serving millions of commercial fleet operators, delivery services, logistics providers, and daily commuters in Africa’s fastest-growing mobility markets.

Under the agreement, Yadea will supply electric two-wheelers and related EV products tailored to Spiro’s expanding regional markets, while Spiro will integrate the vehicles into its proprietary battery-swapping and energy infrastructure. The companies will also co-develop customized two-wheeler platforms engineered specifically for local road conditions and commercial utility across Africa.”

Who Sells the Motorcycles?

That’s the big question. Is Spiro selling Yadea motorcycles under the Spiro brand name, or is Yadea selling Yadea motorcycles under the Yadea brand name while running on Spiro batteries? We think it’s the latter, but it’s not clear from the press release.

Till now, Spiro has been a full-stack operator in Africa, doing everything from assembling motorcycles from Chinese kits to selling them, financing, assembling the batteries, and running the battery-swapping infrastructure. It has used Chinese hardware supplier-partners like Horwin and Oxwin, which till now have been responsible for all the Spiro motorcycles deployed in Africa.

So does Yadea get added as another hardware supplier to this mix? Or is Yadea ousting Oxwin from the Spiro business? We have observed that Spiro has an insatiable appetite to deploy motorcycles as fast as possible across the African landscape, and it becomes difficult for any Chinese hardware supplier to scale as fast. This also becomes challenging because there are other promising markets like Brazil, which have also started deploying the same Chinese motorcycles. In that case, it is only natural that Spiro would look to expand its supplier base or maybe move to someone who can scale fast.

Not to mention, Spiro is flush with cash and has a new Group CEO, who knows how to scale fast, at the helm.

Spiro Raises USD 270m: What It Means for Africa
Spiro Raises USD 270m: What It Means for Africa
Spiro closed USD 215m then a further USD 55m within weeks. How the raise reshapes competition across African electric motorcycle markets.

This is not the first Yadea in Africa

It is interesting to note that this is not the first Yadea foray into Africa. They are pretty strong in some markets like Ethiopia, where they sell slow-speed electric two-wheelers under their own brand name and through their own showrooms.

Also in June 2026, ARC Ride announced that Yadea was deploying motorcycles on the ARC Ride network. This was done on the sidelines of the 27th Auto Expo in Africa, during which Yadea also unveiled the KIFA, an African-market-specific electric motorcycle.

The Yadea Kifa is a motorcycle designed for Africa. Some numbers are deployed on the ARC Ride network.

It is likely that Spiro will get a version of the same motorcycle modified to take the Spiro batteries.

Omega Seiki Relationship?

As we were putting this story to bed, out popped a post on LinkedIn from Dr. Uday Narang, the CEO of Omega Seiki Mobility, an India-based electric three-wheeler startup.

As they say, “If it’s on LinkedIn, it must be true,” though we have not received an official press release yet.

For all intents and purposes, this seems like a case of an OEM deploying vehicles on the Spiro network in Africa, but then Omega Seiki’s sales in India remain under the 1000 units per month mark, so it remains to be seen how they find the bandwidth to deploy in Africa.

Senior Management Speak

“When we launched Spiro, our mission was to lay the energy and mobility foundation for Africa’s green transition. Our strategic partnership with Yadea is a major endorsement of our execution to date and opens fantastic opportunities to jointly pioneer the next era of electric mobility in emerging markets” – Gagan Gupta, Founder of Spiro and Chairman of Equitane.

“Africa’s shift to electric mobility is accelerating and this partnership helps us meet that demand at scale. By bringing together Yadea’s manufacturing strength with Spiro’s electric mobility ecosystem and operating experience across Africa, we are compressing the timeline to clean transport — helping thousands more riders switch to affordable EVs faster and multiplying our climate impact across the continent.” – Anant Badjatya, Group CEO of Spiro

“Africa represents a massive frontier for zero-emission transport. Our mission to reduce carbon emissions has reached a powerful milestone through this partnership with Spiro. Together, we are combining global innovation with local infrastructure to deliver scalable and sustainable mobility solutions that serve millions of riders and transform Africa’s urban transit.” – Wang Jiazhong, Senior Vice President of Yadea Technology Group

Previous Article

ARC Ride’s 23 million Equity Raise Brings New Energy to African e-Motorcycles

Kenya's ARC Ride has closed a mixed equity-and-debt round to add 5,000 motorcycles and push into four new markets. This is a significant raise by any count and makes ARC Ride a significant player in a market where Spiro overshadows everyone in access to capital.

Insight EV Related Articles

ARC Ride’s 23 million Equity Raise Brings New Energy to African e-Motorcycles

Kenya's ARC Ride has closed a mixed equity-and-debt round to add 5,000 motorcycles and push into four new markets. This is a significant raise by any count and makes ARC Ride a significant player in a market where Spiro overshadows everyone in access to capital. The News ARC Ride, the...

September 10, 2026

Spiro Throws a Curveball in Africa

For the competition, that is... But first, let's start with some context. Africa took a giant leap as market leader Spiro closed a mammoth round of USD 270 million, first USD 215 million at the start of the month, and then a further USD 55 million a few days later. Spiro...

July 20, 2026

Dear Africa, Don’t Do an India

A disturbing video dropped into my WhatsApp yesterday. This came from Africa and captured a boneyard full of broken electric motorcycles. A rough count puts the number of machines at about a hundred, parked in a small lot. The thick layer of dust, expected in Africa, indicated that the motorcycles...

February 26, 2026

Are we Heading for an Early Consolidation in Africa?

Long-time readers of InsightEV will know that I have a bias toward Africa. I believe it is the best fit for mass deployment of electric motorcycles. With nearly 80% of all African motorcycles being used as motorcycle taxis, delivery rides, or in some sort of commercial activity, the benefits of...

December 19, 2025

© 2026 InsightEV. All rights reserved.