Africa's Spiro Bets $270 Million on Electric Motorcycles, Expands Battery-Swap Network Across 7 Markets

Is a swappable battery something like the feeling of filling up with gas? Not having to wait around to charge sounds convenient.

Whether electric can actually break into Kenya's boda-boda culture is the key question.

Nigeria's got rivals like Max and Metro too, so it won't just end with Spiro dominating alone.

Over 100,000 units across 2,500 sites works out to about 40 per site—still feels a bit thin in density.

Raising $270 million and rolling out in 7 countries at once—I'm a bit worried whether quality can keep up with expansion at that speed.

Over 2,500 battery-swap stations is genuinely impressive—I've never heard of this scale in Africa before.