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Published on: 2025-04-25 04:34:53 Published on: 2025-04-25 04:34:53

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But for battery-swapping to work, there needs to be “reliable and accessible charging infrastructure,” says Samain. “Before distributing the first bike, we build a network of swapping stations, and they aren’t placed randomly: we carefully study the terrain and position our swapping stations in both urban and rural areas, ensuring extensive coverage.”

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Kenya’s president William Ruto, speaking in the coastal city of Mombasa at the launch of the initiative, said: “It creates jobs and transfers knowledge, technology and skills to our market in a very sustainable way.”

bharat road network limited (540700) stock rallies ✌️【Portfolio】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. According to theFIA Foundation, there were 27 million motorbikes registered in sub-Saharan Africa in 2022, rising from just 5 million in 2010, with around 80% of them used in the motorcycle taxi industry. The demand for two-wheelers is expected to grow even further, witha report from management consulting firm McKinseyestimating that electric and petrol motorbikes will make up over 45% of sub-Saharan Africa’s overall vehicle fleet by 2040.

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bharat road network limited (540700) stock rallies ✌️【Portfolio】✌️ Gain access to professional investment advice, free market trend analysis, and real-time stock market data. Make informed decisions and unlock the full potential of your investments with expert predictions and guidance. Spiro, formerly known as M-Auto, is just one of the startups fueling this transition. Swedish-Kenyan startup Roam (formerly Opibus), which converts old vehicles to run off electric motors, opened East Africa’slargest electric motorcycle assembly plantearlier this year, while Ampersand has a fleet of around1,000 bikesas well as a small network of battery-swap stations across Kenya and Rwanda. Last week, US company Uber alsolaunched an electric motorbike service in Kenya, promising to roll out 3,000 bikes within six months.

But the scale of Spiro’s Kenya expansion dwarfs all existing fleets. “We’re surpassing the symbolic but significant milestone of one million electric bikes signed with a government,” says Samain. The startup has its foot on the accelerator, and by 2030, he wants it to be operating in at least 10 African countries.

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