Should Mahindra Lifespace Developers Limited (MAHLIFE) be sold - Free Day Trading Recommendations

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But for battery-swapping to work, there needs to be “reliable and accessible charging infrastructure,” says Samain. “Before distributing the first bike, we build a network of swapping stations, and they aren’t placed randomly: we carefully study the terrain and position our swapping stations in both urban and rural areas, ensuring extensive coverage.”

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Kenya’s president William Ruto, speaking in the coastal city of Mombasa at the launch of the initiative, said: “It creates jobs and transfers knowledge, technology and skills to our market in a very sustainable way.”

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But the scale of Spiro’s Kenya expansion dwarfs all existing fleets. “We’re surpassing the symbolic but significant milestone of one million electric bikes signed with a government,” says Samain. The startup has its foot on the accelerator, and by 2030, he wants it to be operating in at least 10 African countries.

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