Spiro, Africa’s largest electric mobility company and battery-swapping network operator, in a bold move to accelerate the adoption of clean transport in Nigeria, has slashed the retail price of its flagship Ekon electric bike to ₦1.44m.
The new pricing strategy is designed to make electric mobility accessible to everyday Nigerians, positioning the Ekon as a viable and affordable alternative to internal combustion engine motorcycles, the frim stated in a statement on Tuesday.
According to Spiro, the price cut delivers both immediate savings and long-term value, with riders able to save up to 40 per cent on fuel and maintenance costs, while contributing to a cleaner environment.
Raul Gaur, West Africa Cluster Director at Spiro, speaking on the development, said the company’s mission is to make electric bikes affordable and practical. Gaur said, “Our pricing strategy is designed to be affordable. We want more Nigerians to know that owning an electric bike isn’t just a dream—it’s a smart, achievable investment.”
He explained that beyond cost-effectiveness, the Ekon represents a shift in lifestyle, freeing riders from the rising burden of fuel prices and frequent mechanical breakdowns. This, he said, allows Nigerians to redirect disposable income toward businesses, education, or family needs.
Spiro noted that the Ekon was specifically designed to meet the needs of Nigerian riders, blending durability, comfort, and modern features into a sleek package. Key features of the bike include: range of up to 100km per charge; strong braking system, reinforced frame, and bright LED lights for night visibility; digital dashboard showing speed and battery level, plus a USB port for charging devices on the go.
Riders can replace depleted batteries in under two minutes, eliminating downtime and boosting productivity. With more than 800 swap stations across Nigeria, convenience is within easy reach for riders in urban and semi-urban areas.
Security, according to Spiro, remains a top priority. The Ekon comes fitted with smart tracking, geo-fencing, and real-time alerts to guard against theft. Riders can remotely lock the motor, receive movement alerts, and define safe zones to keep their bikes secure—features that offer peace of mind in a country where motorcycle theft remains a concern.
Spiro said the pricing shift is not merely a discount but a strategic signal of intent. The company wants to transform how Nigerians and Africans move, save, and live. With over 20 million battery swaps completed, more than 40,000 electric bikes on the road, and an expanding footprint of 800+ swap stations, Spiro is positioning itself as the leader of Africa’s electric mobility revolution.
Through its regional production hubs and new facilities in Nigeria, Uganda, Kenya, and Rwanda, the company is also pushing to make electric mobility locally manufactured and widely accessible. By cutting costs, boosting convenience, and addressing security concerns, Spiro believes it has removed many of the barriers preventing Nigerians from embracing electric mobility.
With the Ekon now priced at ₦1.44m, Spiro is betting that more Nigerians will make the switch from petrol motorcycles to electric bikes, joining a movement that promises not just personal savings but also a collective step toward CO₂-free mobility across Africa.
