Spiro
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MOGO andSpiro Kenya, Africa’s largest electric vehicle player, have signed an asset financing agreement that will see the deployment of 1,000 electric motorbikesacrossKenya by the end of July 2024.
Auto Financing
The objective of this partnership is to further promote adoption of electricmotorcycles.
This will reduce theenvironmental and healthimpact caused by greenhouse gas emissions from transportation and enhance urban mobility.
In Africa, greenhouse gas emissions from transportation are growing at a rate of 7% each year, and air pollution is the second biggest killer acrossthecontinent, associated with heart disease, stroke, and lung cancer.
Spiro’s CEOKaushik Burman said_: “This partnership with MOGO is a testament to the rapid growth and growth and accelerated impact Spiro is making in theEV market._
Partnerships like this are crucial as we expand our footprint and reinforce our position as Africa’s largest EV player.”
Motorcycles
Rauls Leitis, BusinessDevelopment Manager at Mogo, added: “Spiro’s presence in Kenya is vital for advancing sustainable transportation solutions.
This partnership underscores our belief in Spiro’s product and model.As an asset financer,MOGO is dedicated to finding affordablesolutions for motorbike taxi drivers.
Thanks to Spiro and our ongoing collaboration, electric motorbikes have become a more economic and sustainable option, and we are excited to extend this success in Kenya.”
• MOGO’s Electric Boda shop at Rubis Jogoo Road after City Stadium
• MOGO’s Boda shop, MombasaRoad (behind Subaru building)
• MOGO’s Boda shop, Langataroad opposite Uhuru Gardens
• Available branches in Mombasa, Kilifi, Ukunda and coming soon to Malindi.
