Ultra low-cost transportation doesn’t have a particularly successful history in the recent past. Just ask Tata. The company’s Nano subcompact was supposed to revolutionize the way low-income families ...
Bankrupt Mobius Motors Kenya says it will soon be fully acquired after signing a deal with an unnamed buyer, with the transaction expected to keep the car brand alive. The startup, which had an ...
Having secured $50 million in funding thanks to the Pan-African Investment Company, Mobius can finally put the latest evolution of its low-cost SUV into production. Things have changed some in the two ...
Africa needs wheels. Mobius Motors, a four-year-old start-up based in Nairobi, Kenya, thinks it has a homegrown solution. It's working on the Mobius Two, a utility vehicle set to go on sale in Kenya ...
Troubled automobile firm Mobius Motors Kenya has been fully acquired by Middle East-based investment and technology firm Silver Box in a transaction set to revitalise the sinking car brand. In a ...
NAIROBI, Aug 6 (Reuters) - Kenya's Mobius Motors, which started making rugged, low-priced SUVs designed for Africa's roads a decade ago, has decided to stop operating due to financial challenges, a ...
Mobius Motors, which pioneered production of a stripped down car model for African roads, the Mobius, plans to boost production next year with its new Mobius II, it said on Tuesday. Automakers such as ...
The Mobius II is a Kenyan-built car by Mobius, a company located along Mombasa Road at Sameer Business Park. [Courtesy] When Joel Jackson embarked on building Mobius, he believed he had figured out ...
NAIROBI, Dec 13 (Reuters) - Kenya's Mobius Motors, which pioneered production of a stripped down car model for African roads, the Mobius, plans to boost production next year with its new Mobius II, it ...
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