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Mobius seeks new money for mass production from April
The Mobius car during its launch at the Kenya International Investment Conference 2014 at the KICC in Nairobi last year. PHOTO | SALATON NJAU
Mobius Motors will start mass production of its Mobius cars from April with the help of new equity investors.
An investor at Mobius says it will sell equity stakes to a number of local and international investors and use the cash for increased production of the Kenyan-built and Africa’s cheapest vehicle.