Expanding Sustainable Transportation in Nigeria

Spiro, a leading provider of electric mobility solutions in Africa, has launched 1,000 new electric bikes in Ogun State, Nigeria. The deployment was officially inaugurated by President Bola Ahmed Tinubu and Governor Dapo Abiodun at the Gateway International Airport.

The initiative responds to rising fuel costs and environmental challenges facing the country. By offering affordable alternatives to petrol-powered vehicles, Spiro aims to reduce carbon emissions and empower Nigerians with sustainable transportation options.

“With rising fuel costs, our electric bikes provide a cost-effective solution for riders, passengers, and businesses,” said Kaushik Burman, CEO of Spiro. “We’re proud to partner with both the Ogun State Government and the Federal Government to deliver eco-friendly mobility that improves livelihoods while protecting the environment.”

Economic Relief Through Electric Mobility

The introduction of these bikes is expected to generate new jobs, lower transportation expenses, and alleviate traffic congestion in Ogun State. For commercial motorcycle riders, eliminating fuel costs represents significant savings even after battery swaps.

Governor Abiodun highlighted the initiative’s timely relevance: “Today we displayed over 1,000 electric mobility solutions because of our forward approach in energy transition… supporting environmental sustainability while mitigating the impact of rising fuel prices.”

Scaling Electric Solutions Across Africa

This deployment is part of Spiro’s broader strategy to expand across Nigeria and beyond. The company currently operates in eight African countries with over 80,000 electric motorcycles on the road and more than 2,500 battery swapping stations.

Spiro recently secured $50 million in funding from Afreximbank and other investors, adding to a previous $100 million raise. The company assembles bikes locally through facilities in multiple countries rather than importing finished units—a key factor in making electric mobility more accessible across the continent.