Mobius Motors Middle East buyer finally known

Mobius

Mobius Motors showroom in Nairobi.

Photo credit: File | Nation Media Group

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 statement on Tuesday, the Kenyan startup said Silver Box has already re-opened the service centre and resumed services of Mobius vehicles, adding that production and manufacturing will resume in full by July this year.

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