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Africa's largest EV company selects Ace as exclusive global recycling partner to strengthen sustainable operations
Ace to recycle lithium-ion battery material, including LFP batteries, from Spiro's end-of-life batteries and waste material from its battery manufacturing in Africa
Agreement supports Ace's global growth strategy with future opportunities to jointly develop African facilities with Spiro, leveraging the company's patented and environmentally friendly battery recycling technology
HOUSTON, Jan. 27, 2025 /PRNewswire/ -- Ace Green Recycling, Inc., a leading provider of sustainable battery recycling technology, and Spiro, Africa's largest electric vehicle (EV) company and recognized leader in sustainable mobility, have signed a strategic agreement to support the circular battery value chain in Africa. The partnership will see Ace recycle end-of-life lithium-ion batteries, including LFP batteries, as well as waste from Spiro's battery manufacturing facilities.
As part of the agreement, Spiro has named Ace as its exclusive global preferred recycling partner. Ace and Spiro will collaborate to develop co-located recycling centers near Spiro's collection hubs, utilizing Ace's proprietary, environmentally friendly technology. The partnership will emphasize the safe handling and recycling of batteries and support Spiro's sustainable growth as it scales its operations across Africa.
"Spiro's focus on circularity has been at the core of deploying the largest electric mobility fleet in Africa. As Spiro leads the decarbonization of Africa's transportation sector, partnering with Ace will further accelerate this progress in a sustainable and responsible manner. This collaboration reinforces our commitment to SDG 13 (Climate Action) and SDG 12 (Responsible Consumption and Production), while building a circular value chain that reduces carbon emissions and supports local economic development," said Kaushik Burman, CEO of Spiro.
"Leveraging our innovative and green LithiumFirstâ„¢ technology that efficiently and effectively recycles lithium-ion battery material, including LFP, we are focused on scaling our modular solution to support a circular value chain that meets the growing demand for recycling," said Nishchay Chadha, CEO of Ace. "Spiro is a pioneer in Africa when it comes to electrifying its transportation sector, and we look forward to supporting its continued growth with our technology and services. This agreement serves as the foray for Ace in the African market as we continue to rollout our global deployment strategy."
About Ace Green Recycling
Ace Green Recycling, Inc., incorporated in Delaware, is an innovative battery recycling technology platform offering sustainable end-of-life solutions. It has deployed modular, Scope 1 carbon emissions-free recycling facilities for lithium (NMC & LFP) and lead batteries used in various industries, including electronics, automotive, and energy storage. Ace was founded by Nishchay Chadha, Chief Executive Officer and a veteran in recycling, mining, and global supply chain industries, and Dr. Vipin Tyagi, Chief Technology Officer, with extensive experience in battery materials recycling technologies. For more information, please visit www.acegreenrecycling.com.
About Spiro
Spiro is Africa's largest electric vehicle company, with more than 22,000 innovative electric bikes deployed across the continent, delivering clean energy and sustainable transportation in Nigeria, Kenya, Uganda, Rwanda, Benin, Togo, Ghana and Tanzania. Spiro riders have collectively driven more than 300 million kilometres without polluting Earth's atmosphere, avoiding over 21,000 tonnes of COâ‚‚ emissions. Spiro provides a comprehensive support network for electric vehicles, including battery swapping, fast chargers, and home charging solutions. Spiro's technical innovation centres, based in Pune and Lagos, have developed the technology platforms to deliver a Pan-African smart energy ecosystem, powering the transition to sustainable transportation across the continent. Our mission is to lead the transition to clean energy and smart transportation, ensuring a greener future for the continent.
Contacts:
Media (Ace):
Media@acegreenrecycling.com
Investors (Ace):
Investors@acegreenrecycling.com
Media (Spiro):
Lee Breheny, Chief Communications Officer (CCO), Equitane
+44 07590 847020
Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements generally can be identified by the use of words such as "may," "could," "will," "should," "would," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," "project" or "continue" or the negative of these terms or other comparable terminology. Such statements include statements regarding the intent, belief or current expectations of Ace and members of its management as well as the assumptions on which such statements are based. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties that could cause actual events or results to vary significantly from those implied or projected by the forward-looking statements. No forward-looking statement is a guarantee of future performance. Forward-looking statements contained in this press release are made as of this date, and Ace undertakes no duty to update such information except as required under applicable law.
Africa's largest EV company selects Ace as exclusive global recycling partner to strengthen sustainable operations
Ace to recycle lithium-ion battery material, including LFP batteries, from Spiro's end-of-life batteries and waste material from its battery manufacturing in Africa
Agreement supports Ace's global growth strategy with future opportunities to jointly develop African facilities with Spiro, leveraging the company's patented and environmentally friendly battery recycling technology
HOUSTON, Jan. 27, 2025 /PRNewswire/ -- Ace Green Recycling, Inc., a leading provider of sustainable battery recycling technology, and Spiro, Africa's largest electric vehicle (EV) company and recognized leader in sustainable mobility, have signed a strategic agreement to support the circular battery value chain in Africa. The partnership will see Ace recycle end-of-life lithium-ion batteries, including LFP batteries, as well as waste from Spiro's battery manufacturing facilities.
As part of the agreement, Spiro has named Ace as its exclusive global preferred recycling partner. Ace and Spiro will collaborate to develop co-located recycling centers near Spiro's collection hubs, utilizing Ace's proprietary, environmentally friendly technology. The partnership will emphasize the safe handling and recycling of batteries and support Spiro's sustainable growth as it scales its operations across Africa.
"Spiro's focus on circularity has been at the core of deploying the largest electric mobility fleet in Africa. As Spiro leads the decarbonization of Africa's transportation sector, partnering with Ace will further accelerate this progress in a sustainable and responsible manner. This collaboration reinforces our commitment to SDG 13 (Climate Action) and SDG 12 (Responsible Consumption and Production), while building a circular value chain that reduces carbon emissions and supports local economic development," said Kaushik Burman, CEO of Spiro.
"Leveraging our innovative and green LithiumFirstâ„¢ technology that efficiently and effectively recycles lithium-ion battery material, including LFP, we are focused on scaling our modular solution to support a circular value chain that meets the growing demand for recycling," said Nishchay Chadha, CEO of Ace. "Spiro is a pioneer in Africa when it comes to electrifying its transportation sector, and we look forward to supporting its continued growth with our technology and services. This agreement serves as the foray for Ace in the African market as we continue to rollout our global deployment strategy."
About Ace Green Recycling
Ace Green Recycling, Inc., incorporated in Delaware, is an innovative battery recycling technology platform offering sustainable end-of-life solutions. It has deployed modular, Scope 1 carbon emissions-free recycling facilities for lithium (NMC & LFP) and lead batteries used in various industries, including electronics, automotive, and energy storage. Ace was founded by Nishchay Chadha, Chief Executive Officer and a veteran in recycling, mining, and global supply chain industries, and Dr. Vipin Tyagi, Chief Technology Officer, with extensive experience in battery materials recycling technologies. For more information, please visit www.acegreenrecycling.com.
About Spiro
Spiro is Africa's largest electric vehicle company, with more than 22,000 innovative electric bikes deployed across the continent, delivering clean energy and sustainable transportation in Nigeria, Kenya, Uganda, Rwanda, Benin, Togo, Ghana and Tanzania. Spiro riders have collectively driven more than 300 million kilometres without polluting Earth's atmosphere, avoiding over 21,000 tonnes of COâ‚‚ emissions. Spiro provides a comprehensive support network for electric vehicles, including battery swapping, fast chargers, and home charging solutions. Spiro's technical innovation centres, based in Pune and Lagos, have developed the technology platforms to deliver a Pan-African smart energy ecosystem, powering the transition to sustainable transportation across the continent. Our mission is to lead the transition to clean energy and smart transportation, ensuring a greener future for the continent.
Contacts:
Media (Ace):
Media@acegreenrecycling.com
Investors (Ace):
Investors@acegreenrecycling.com
Media (Spiro):
Lee Breheny, Chief Communications Officer (CCO), Equitane
+44 07590 847020
Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements generally can be identified by the use of words such as "may," "could," "will," "should," "would," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," "project" or "continue" or the negative of these terms or other comparable terminology. Such statements include statements regarding the intent, belief or current expectations of Ace and members of its management as well as the assumptions on which such statements are based. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties that could cause actual events or results to vary significantly from those implied or projected by the forward-looking statements. No forward-looking statement is a guarantee of future performance. Forward-looking statements contained in this press release are made as of this date, and Ace undertakes no duty to update such information except as required under applicable law.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Ace Green Recycling and Spiro Announce Strategic Partnership for Sustainable Battery Circularity in Africa
Ace Green Recycling and Spiro Announce Strategic Partnership for Sustainable Battery Circularity in Africa
SINGAPORE, Jan. 16, 2026 /PRNewswire/ -- Coda, a global leader in digital content monetization, today announced that it is integrating Unity's In‑App Purchasing (IAP) SDK with Coda's global web store platforms. This collaboration offers developers a single place to manage and optimize their entire digital catalog across mobile, web, and PC - directly through Unity's existing IAP workflow.
With just a few lines of code, developers can launch secure, branded web stores powered by Coda - offering players more ways to purchase securely while improving their margins.
The integration is powered by Coda's Merchant of Record (MoR) solution, which is already trusted by leading publishers and fast-growing studios worldwide. As the legal seller in each market, Coda manages payments, fraud prevention, tax remittance, invoicing, and compliance across more than 70 markets and over 400 payment methods. This gives developers more time to focus on the game and the player experience.
"As the games industry moves beyond closed ecosystems, developers of every size want more flexibility and control over how they grow," said Shane Happach, CEO of Coda. "Our integration with Unity's IAP SDK gives creators more choice in how they launch and operate their own stores, wherever their players are, minus the complexity of managing global payments or compliance. This reflects Coda's commitment to democratizing game development and helping every studio, large or small, succeed on their own terms."
As web-based purchasing becomes a more practical part of developers' business mix, interest in direct-to-consumer web stores continues to grow. Today, these channels already account for roughly 26% of mobile gaming revenue in East and Southeast Asia, according to research from Niko Partners and Coda.
First-party web stores give developers greater control over pricing, promotions, and player communication, but introduce operational complexity across payments, compliance, fraud, and support. Coda removes these barriers with a scalable payments and risk platform, integrated directly into Unity's workflow.
Coda's integration with Unity's IAP sets a new D2C standard by bringing out-of-app monetization into developers' existing workflows, removing operational complexity, and making it easier to run web stores at a global scale.
Learn more at coda.co.
About Coda
Coda is a global leader in digital content monetization and distribution. We're trusted by 300+ publishers—including Activision, Electronic Arts, and Riot Games—to grow their audiences and revenue worldwide. Our out-of-app solutions include Custom Commerce, a fully customizable web store; Codapay, which enables seamless direct payments through a single API integration on publishers' websites; Codashop, the go-to marketplace for millions of gamers to purchase in-game content; and Distribution, which extends content reach through a network of trusted commerce partners. Founded in 2011, Coda is headquartered in Singapore with a team of 550+ Codans around the globe. Coda recently acquired Recharge, Europe's leading prepaid payments platform. Coda is backed by Apis Partners, Insight Partners, and Smash Capital, and has been named an APAC High Growth Company (2023) by Financial Times, one of Granite Asia's NextGenTech 30 (2024), a payments leader on Fortune's Fintech Innovation Asia list (2024), and listed among The Straits Times Fastest Growing Fintechs (2024). For more on Coda, visit coda.co.
Press Contacts
Coda:
Liz Adam — VP, Corporate Affairs
elizah.adam@coda.co
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Coda and Unity to enable out-of-app monetization for game developers globally
