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African EV firm Spiro raises $215 million for electric mobility expansion

Posted on June 1, 2026
By The Toronto Star
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1 min read

African EV firm Spiro raises $215 million for electric mobility expansion

NAIROBI, Kenya (AP) — African electric vehicle firm Spiro has raised $215 million in equity financing to expand its battery-swapping and electric mobility infrastructure across Africa, the company said Monday.