Mobius Motors Kenya Transitions Ownership and Plans for New SUV Launch

Silver Box acquires Mobius Motors Kenya to enhance operations after challenges faced in the automotive sector. Plans include resuming full manufacturing by July 2025 and launching a new SUV by December 2025. John Kavila is appointed COO, taking over from Nicolas Guibert, who expressed optimism about the company’s future prospects under new ownership.

Silver Box, a business investment and technology firm from the Middle East, has acquired Mobius Motors Kenya. This acquisition marks a significant shift for Mobius, Kenya’s pioneering vehicle manufacturer, aiming to stabilize and grow after facing challenges in the automotive sector. Founded 14 years ago with a KES 5 billion investment, Mobius intends to bolster its operations with the new partnership.

To enhance production, Silver Box plans to resume full manufacturing operations by July 2025 for the Mobius 3 Model and launch a new off-road SUV by December 2025. In addition, the company has reopened its service center to further improve customer service and operational efficiency in Kenya’s automotive landscape.

Subsequent to the acquisition, John Kavila has been appointed as the new Chief Operating Officer (COO) of Mobius Motors. With extensive experience in manufacturing and customer service, he will steer the company’s strategic vision, succeeding former CEO Nicolas Guibert. Guibert expressed optimism that Silver Box’s investment would lead to the expansion of market share and product offerings.

Under Guibert’s leadership for five years, Mobius faced challenges in scaling production and broadening its customer base. He conveyed confidence that the new ownership could resolve these issues, potentially ushering in an era of growth for the company as it strives to enhance production and expand its market reach in Kenya.

In conclusion, Mobius Motors Kenya is entering a new phase with its acquisition by Silver Box, aiming to revitalize its operations and launch new models within the next few years. The appointment of John Kavila as COO signifies a focused approach towards enhancing manufacturing capacity and market expansion. The future success of Mobius will hinge on the effective execution of these initiatives following recent management changes.

Original Source: www.tv47.digital