Mobius Motors, a Kenyan automaker, has closed. The company was established in 2010. Playfair Capital-backed Mobius Motors, a Kenyan automaker, has decided to liquidate the business following a year of unsuccessful attempts to preserve it. The company has recently struggled to pay staff members as well as pay suppliers and creditors, which has resulted in a mound of debt.
Mobius Motors, Kenya’s innovative car company, has officially shut down. A surprising turn in the automotive world.
