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MOGO and Spiro Kenya, Africa’s largest electric vehicle player, have signed an asset financing agreement that will see the deployment of 1,000 electric motorbikes across Kenya by the end of July 2024.
The objective of this partnership is to further promote adoption of electric motorcycles.
This will reduce the environmental and health impact 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 across the continent, associated with heart disease, stroke, and lung cancer.
Spiro’s CEO Kaushik Burman said: “This partnership with MOGO is a testament to the rapid growth and growth and accelerated impact Spiro is making in the EV market.
Partnerships like this are crucial as we expand our footprint and reinforce our position as Africa’s largest EV player.”
Rauls Leitis, Business Development 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 affordable solutions 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, Mombasa Road (behind Subaru building)
• MOGO’s Boda shop, Langata road opposite Uhuru Gardens
• Available branches in Mombasa, Kilifi, Ukunda and coming soon to Malindi.