Spiro Strengthens Local Engineering Capabilities with Strategic Acquisition

Nairobi-based e-mobility startup Spiro has acquired Coexlion, a specialist engineering consultancy focused on electric vehicles (EVs). This acquisition marks a significant step in Spiro’s mission to create purpose-built transportation solutions for the African market.

About the Companies

Spiro operates Africa’s largest e-mobility network with 95,000 motorcycles deployed across multiple countries. The company has captured 52% of new electric motorbike sales in Kenya alone and completed over 30 million battery swaps to date.

Coexlion, with offices in the UK and India, boasts extensive experience working with major EV manufacturers like Triumph, Hero, Ather Energy, Ola, and Arc. Their expertise spans the entire vehicle development lifecycle from concept design to production validation.

Strategic Rationale

The acquisition aligns perfectly with Spiro’s focus on delivering high-quality, reliable vehicles tailored for African conditions. With Coexlion’s engineering capabilities now in-house, Spiro can:

• Optimize vehicle designs for rough terrain and varying road surfaces
• Improve battery performance in hot climates
• Enhance durability against dust and other environmental factors
• Ensure motorcycles meet the specific needs of motorcycle taxi operators

This move addresses a common challenge with imported EVs—lack of adaptation to local environments—and positions Spiro as a leader in purpose-built mobility solutions.

New R&D Centre in Kenya

Spiro will establish a dedicated research and development (R&D) centre in Kenya staffed by Coexlion’s engineers. This centre will serve as the hub for designing, testing, and validating vehicles specifically for African markets.

With this acquisition, Spiro is reinforcing its commitment to building sustainable transportation solutions that meet the unique needs of communities across Africa.