Funding drought slams brakes on Mobius 13-year venture

 Nicolas Guibert, Chief Executive Officer at Mobius Motors poses for a photo on July 11, 2023 at Sameer Park Nairobi. 

Photo credit: File | Nation Media Group

Mobius Motors Kenya delivered a car it believed could traverse the country’s variable road terrain with comfort and versatility. But, after 13 years, the automaker’s ride in Kenya has hit the end of the road as funding dried up.

“Our shareholders have not provided new capital,” said Michael de Souza, commercial director at Mobius.

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