Spiro Acquires UK-India Engineering Firm Coexlion to Build Africa-Specific Electric Motorcycles In-House
Eid
Mubarak to all our readers celebrating today.
Nairobi-based
e-mobility startup Spiro, which raised $100 million in October 2025, has
acquired Coexlion, a specialist engineering consultancy focused exclusively on
two-wheelers and electric vehicles, with offices in the United Kingdom and
Bangalore, India. The acquisition, announced by Spiro on X, is designed to
bring vehicle design and engineering capabilities fully in-house as the company
moves to build motorcycles purpose-built for African roads.
Why
Coexlion
Coexlion is
not a widely known name, but its credentials are specific and directly relevant
to what Spiro is trying to build. The firm has worked with clients ranging from
Triumph and Hero to EV-only manufacturers including Ather Energy, Ola, and Arc.
Its work spans the entire product development cycle, from battery sizing and
concept design through to supplier selection, production validation, and
getting a finished vehicle off an assembly line. The firm also holds patents on
a modular drive system designed specifically for electric two-wheelers. For
Spiro, this is an engineering acquisition, not a prestige one.
The Scale
Behind the Decision
Spiro is
already Africa's largest electric motorcycle operator by deployment. The
company has distributed over 95,000 electric motorcycles across the continent,
operates more than 2,500 battery-swapping stations, and has processed over 30
million battery swaps to date. In Kenya alone, Spiro captured 52 percent of new
electric motorbike sales in 2025. At that scale, the question is no longer
whether Spiro can sell motorcycles. It is whether the motorcycles it sells are
built for the roads they will actually ride on.
The
Problem With Existing EV Hardware in Africa
Most electric
vehicles deployed across Africa were designed elsewhere and adapted minimally,
if at all, for local conditions. Rough terrain, inconsistent road surfaces,
heat, dust, and the specific weight demands of motorcycle taxi work are not
factors that a product engineered for European or Asian markets naturally
accounts for. Spiro's acquisition of Coexlion, alongside its plan to establish
a dedicated research and development centre in Kenya staffed by engineers with
full design and validation capability in-house, is a direct attempt to fix that
gap.
Why This
Matters for Africa's EV Ecosystem
Spiro's move
is one of the clearest signals yet that Africa's electric mobility sector is
maturing from deployment to innovation. The first generation of African EV
companies focused primarily on importing and distributing existing hardware.
Spiro is now moving toward designing and validating its own vehicles, a
transition that, if successful, would make it not just Africa's largest
e-mobility operator but one of the continent's few vertically integrated EV
manufacturers. For Nigeria, where electric motorcycle adoption is at an early
but growing stage, Spiro's trajectory is a model worth watching closely.