Expanding Sustainable Transportation in Nigeria

Electric mobility company Spiro has unveiled a fleet of 1,000 new electric bikes in Ogun State, Nigeria. The deployment—officially inaugurated by President Bola Ahmed Tinubu and Governor Dapo Abiodun—marks a significant expansion of clean transportation infrastructure across the country.

The initiative responds to both rising fuel costs and environmental challenges, offering Nigerians an affordable alternative to petrol-powered vehicles while reducing carbon emissions. According to Spiro CEO Kaushik Burman, “With rising fuel costs, our electric bikes provide a cost-effective solution for riders, passengers, and businesses.”

Economic Relief Through Electric Mobility

The introduction of the 1,000 bikes is expected to generate new jobs, lower transportation expenses, and ease traffic congestion in Ogun State. For commercial motorcycle operators, eliminating fuel costs represents substantial savings even after battery swaps.

“In these challenging economic times, Spiro’s electric bikes offer practical relief,” added Burman. “By reducing transportation expenses, we are helping individuals and businesses save money, enhance productivity, and contribute to a more sustainable future for Nigeria.”

Part of a Larger African Expansion

The Ogun State deployment is part of Spiro’s broader strategy to roll out thousands of electric bikes nationwide. The company currently operates in eight African countries—including Kenya, Uganda, Rwanda, Benin, Togo, Cameroon, and Tanzania—with over 80,000 electric motorcycles on the road.

Spiro’s commitment to local manufacturing sets it apart; the company assembles motorcycles through operational facilities in multiple countries rather than importing finished products. They also produce and circulate over 300,000 batteries that riders can swap at convenient stations.

The expansion follows Spiro’s recent $50 million funding round, which brings total new investment to $150 million after a previous $100 million raise.