Spiro takes $55M from China’s NewTrails as it nears a $1bn valuation

The hard part of electrifying a motorcycle in Lagos or Nairobi was never the motorcycle, it was the charging. A rider who earns by the trip cannot afford to sit for hours waiting for a battery to fill, which is why Spiro built its business around swapping instead: pull in, trade a flat pack for […] This story continues at The Next Web