Spiro eyes Nairobi e-bike tech hub after buyout of UK engineering firm
Nairobi, May 27 -- Electric motorcycle assembler Spiro has acquired UK engineering and design firm Coexlion for an undisclosed amount as the company plans to set up its first African research and development (R&D) centre in Nairobi.
A technology company's R&D centre is an innovation hub where engineers, scientists and researchers develop new technologies, build prototypes and improve software and hardware products for commercial use.
Through the deal, Spiro seeks to boost its ability to design, develop and manufacture electric motorcycles tailored to African road conditions, rider usage patterns and customer requirements.
Kenya's EV research and development remains limited despite the country's growing electric vehicle adoption, driven...
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