E-bike maker Spiro plans manufacturing in Africa

African e-bike manufacturer Spiro plans to produce 90% of its components in Africa by early 2027, moving from importing parts. The company has deployed over 100,000 electric motorcycles and 2,500 battery swap stations across seven East and West African countries and raised $215 million to expand into DR Congo and Ethiopia. Electric vehicle sales in Africa grew nearly six-fold between 2023 and 2025, driven by startups and companies like China’s BYD.