African EV firm Spiro secures $215M to expand battery-swapping network across Africa
By
Associated Press
1mo ago· 3 min readenNews
Summary
African electric vehicle company Spiro has secured $215 million in equity financing to expand its battery-swapping and electric mobility infrastructure across Africa. The investment round included backing from European and African institutional investors, including Denmark's Impact Fund. Spiro has deployed 100,000 electric vehicles and 2,500 swap stations across seven active markets, highlighting growing investor interest in Africa's clean transport and energy sectors.
Source
bskyAfrican EV firm Spiro secures $215M to expand battery-swapping network across Africadailybulletin.comKey quotes
· 2 pulledThis past year marked a defining strategic milestone for Spiro
Across seven active markets, our d
Spiro says it has deployed 100,000 electric vehicles and 2,500 swap stations.
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