African EV Firm Spiro Secures $215 Million for Expansion of Battery-Swapping and Mobility Infrastructure

Spiro, an African electric vehicle company, has raised $215 million in equity financing to expand its battery-swapping network and electric mobility infrastructure across Africa. The funding is backed by European and African institutional investors, including Denmark’s Impact Fund.

By ALLAN OLINGO Mon, June 1, 2026 at 2:19 PM GMT+3 2 min read · Yahoo Finance ·

African EV Firm Spiro Secures $215 Million for Expansion of Battery-Swapping and Mobility Infrastructure

Topics: Africa Clean Energy Electric Vehicles Mobility Infrastructure

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