Silver Box Acquires Mobius Motors Kenya, Plans for Expansion and New SUV Launch

Mobius Motors Kenya, the first locally-based vehicle manufacturer, has been acquired by Middle Eastern firm Silver Box. The acquisition seeks to stabilize and expand Mobius’s operations, with plans for full manufacturing by July 2025 and a new SUV in December 2025. John Kavila has been appointed as COO following leadership changes, succeeding Nicolas Guibert. Guibert expressed confidence in the new ownership’s ability to enhance production and market reach.

Mobius Motors Kenya, recognized as the country’s first motor vehicle manufacturing enterprise, has been acquired by Silver Box, a business investment and technology firm located in the Middle East. This acquisition aims to stabilize Mobius Motors and facilitate its expansion following years of investment in the Kenyan automotive sector.

Established 14 years ago with an initial investment of KES 5 billion, Mobius Motors has encountered difficulties in scaling production and staying competitive in the market. Silver Box plans to initiate full manufacturing operations for the Mobius 3 Model by July 2025 and will introduce a new off-road SUV in December 2025. Additionally, the company has reopened its service center to serve its customers better.

The acquisition has also led to leadership changes at Mobius Motors. John Kavila has been appointed as the new Chief Operating Officer (COO), bringing experience in manufacturing, operations, and customer service. He succeeds outgoing CEO Nicolas Guibert, who expressed optimism that Silver Box’s involvement will enhance the brand’s market presence and service networks.

Nicolas Guibert, who led Mobius Motors for five years, noted the company’s struggles with scaling production and addressing its limited customer base. He believes that the new ownership will provide solutions to these issues and facilitate growth. The direction of Mobius Motors in the future will heavily rely on the effectiveness of the new leadership in executing strategic plans.

In conclusion, the acquisition of Mobius Motors Kenya by Silver Box marks a significant shift in the company’s operations and future direction. With a new leadership team led by COO John Kavila, the firm aims to enhance production capabilities and expand its market presence. The reestablishment of manufacturing operations and the introduction of new models, including an off-road SUV, signify a renewed commitment to the Kenyan automotive sector. The success of these initiatives will be crucial for Mobius Motors’ sustainability and competitiveness moving forward.

Original Source: www.tv47.digital