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Driving the Transition: Bboxx and Spiro team up to accelerate Africa’s EV transition

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Driving the Transition: Bboxx and Spiro team up to accelerate Africa’s EV transition
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  • Bboxx partners with Africa’s largest electric vehicle (EV) provider, Spiro, to roll out ‘Plug and Play’ EV motorcycle access across Rwanda, Togo and Kenya following a successful pilot
  • Exceptional demand for EV motorcycles – with tens of thousands of traditional motorcycles in Kigali alone
  • Bboxx is the largest Asset financing option for Spiro motorcycles – Bboxx’s asset financing will enable 10,000 individuals who depend on motorcycle access to power their livelihoods

Tuesday 1st August 2023 – Bboxx, the data-driven super platform, is announcing a new partnership with Spiro, the largest Electric Vehicle (EV) company in Africa, to accelerate and democratise the continent’s clean mobility transition.

Underpinned by Bboxx’s innovative asset financing model, the alliance will accelerate the delivery of EV motorcycles (e-motos) to customers whose livelihoods depend on access to inexpensive transport across East and West African markets.

This adds to the data-driven super-platform’s roster of service providers, fast-tracking the deployment of e-motos and other innovative products across Africa. Rapid rollout is possible through the utilisation of Bboxx’s massive distribution network – and, combined with Spiro’s reach, customers will be able to swap e-moto batteries when they require new charge at Bboxx’s shops and distribution centres throughout Rwanda.

E-motos are in high demand owing to their low running costs but most times have high purchase price relative to traditional internal combustion engine (ICE) equivalents. Through this new alliance, Bboxx Pulse®, the company’s proprietary integrated operating system (which currently processes around 40 payments per minute), enables Bboxx to profitably extend financial services with a low entry point to previously underserved communities. And, it provides a ready-made on the ground network for Spiro to reach new customers.

Mansoor Hamayun, Co-Founder and Chief Executive Officer of Bboxx, said:
“Together with Spiro, Bboxx is accelerating Africa’s access to EVs – only our data-driven super platform, with its extensive on-the-ground network and ability to innovatively finance underserved communities, is able to deliver the services and products that will drive our markets’ climate transitions whilst transforming lives and livelihoods.”

The e-mobility mission is less about convenience and more imperative. Owning an electric-motorcycle supersedes the traditional ICE due to its low running costs, meaning that thousands of customers whose businesses and livelihoods depend on motorbikes will reap the benefits from the noticeable difference in price while contributing to their country’s decarbonisation efforts. Flexible payment plans, delivered through Bboxx, adapt to customers’ fluctuating incomes, allowing them to pay more when they can afford it and less in the lean times.

The customer’s safety is paramount. Bboxx and Spiro have together developed an onboarding process with technical testing, speed and safety training, and access to protective clothing, including helmets.

Bboxx and Spiro are entering urban and rural markets together. In doing so, they acquire a new set of customers. These customers will benefit from the suite of accessible products and services that Bboxx provides. They will have open access to connectivity and energy at a discounted rate. Only in partnership with strong operators like Spiro and Bboxx can Governments successfully electrify urban transportation.

Jules Samain, CEO of Spiro, said:

“This partnership with Bboxx marks a significant leap in our journey to revolutionise Africa’s transportation landscape. By leveraging Bboxx’s extensive distribution network, we’re able to provide affordable and sustainable transport options, empowering countless communities while making significant strides in Africa’s clean mobility transition.”

— ENDS —

About us

Bboxx is a data-driven super platform, transforming lives and unlocking potential by connecting consumers and deploying innovative products across Africa.

Bboxx is championing the economic empowerment of Africa, accelerating the transition to the digital economy and creating new markets. We have built Bboxx Pulse®, a fully integrated operating system, and combined it with an extensive on-the-ground network to connect customers with clean energy, clean cooking, smartphones, e-mobility and selected financial products – many for the first time.

We are connecting both underserved rural communities and aspiring urban ones with a highly convenient and affordable way to access life-changing solutions, through last mile logistics and data-powered innovative financing methods. We offer our services on a pay-as-you-go basis to households, businesses, and communities, enabling African consumers to unlock their potential.

We build strategic partnerships with investors, utilities providers, global companies, and governments to accelerate growth and provide a wide range of products to consumers in Africa. Our partners are seizing a massive market opportunity by plugging into Bboxx – developed through green tech and big data and designed for scale.

Following the successful acquisition of solar energy frontrunner PEG Africa in 2022, Bboxx is now positively impacting the lives of more than 3.5 million people in 10 operating markets, directly contributing to 11 of the 17 United Nations Sustainable Development Goals. Bboxx and its group of companies is one of the largest networks in Africa, with over 4,000 staff across Africa and offices in the UK and Asia.

About Spiro

Spiro is Africa’s largest electric vehicle company, dedicated to creating accessible, affordable, and eco-friendly transportation solutions. Harnessing the power of technology, Spiro designs and provides electric motorbikes with an innovative battery swapping system that brings clean, reliable, and cost-effective transportation to millions of people across Africa. With 9000 electric motorbikes on the road, 2 million battery swaps performed, and 75 million clean kilometres driven, Spiro is at the forefront of Africa’s green revolution, powering economies, creating jobs, and driving sustainable growth.
For more information, visit www.spironet.com

For more information please contact:
Bboxx / Impact and Influence
Email:
bboxx@impactandinfluence.global

Nicholas Moore
nicholas@impactandinfluence.global
+44 7527 695154

Lee Breheny
lee.breheny@spironet.com
+44 7590 847 020