Spiro sets 2040 net-zero target as first sustainability report highlights climate and economic gains

What the report says

The Independent Uganda reports that African electric mobility company Spiro has released its first Sustainability Report, setting a target to reach net-zero Scope 1 and Scope 2 emissions by 2040. The report, released on July 21 and covered from Dubai, is presented as the company’s first broad assessment of its environmental, social and economic impact as it expands electric motorcycle and battery-swapping services across Africa.

According to the publisher, Spiro estimates that replacing petrol-powered motorcycles with its electric alternatives could avoid about 700,000 tonnes of carbon dioxide emissions annually by 2030. The company is also considering 80–125 KVA solar systems at some battery-swapping stations to improve power reliability and reduce dependence on conventional grids. Its first greenhouse gas inventory covers Scope 1, Scope 2 and Scope 3 emissions, which the company says will help it track targets and improve transparency.

The report also points to business and rider benefits. Spiro says energy-efficiency measures at its assembly facilities cut energy use by an estimated 15% to 25% over the past year. It also estimates that electric motorcycle users can reduce operating costs by 70% to 80% compared with petrol bikes, alongside lower maintenance costs and less exposure to fuel price volatility.

The Independent further reports that Spiro trained more than 4,000 people in Africa in 2025 through Spiro Academy, covering electric vehicle maintenance, battery management and technical operations. The company says it has deployed more than 100,000 electric motorcycles, built over 2,500 battery-swapping stations and completed more than 30 million swaps, positioning itself as a major player in Africa’s emerging electric two-wheeler market.