Mobius Motors resumes operations in Kenya after takeover by Middle East firm

Kenya’s first automaker company, Mobius Motors, will continue operating in Kenya after it was acquired by a Middle East Company.

Silver Box, a company that specializes in driving businesses forward through intelligent investment, expert corporate management and advanced technology, has now bought Mobius Motors in an announcement made on Tuesday.

Mobius Motors issued a statement last year detailing its intentions to cease operations after appointing a new liquidator, which signaled an end for the country’s first locally manufactured vehicle.

The automaker further struggled to settle suppliers and pay salaries as debts from its operations rose with the incentives towards local automobile assembly doing little to salvage the situation.

But with the new ownership agreement between the two companies, there is renewed hope that Mobius Motors will be fully revitalized.

“Founded over 14 years ago with a total investment of approximately Sh5 billion, Mobius Motors has built a strong foundation in Kenya’s automotive industry,” the company said.

“This acquisition continues the company’s philosophy of growth of Mobius, as Silver Box take the helm to continue the legacy of the Kenyan manufactured automobile.”

Several operations have already resumed, including the reopening of the service center and services of Mobile vehicles.

Production and manufacturing are expected to be fully operational by July 2025 for the Mobius 3 Model and a newly developed model launched by December 2025.

“I'm happy to hand over to John Kavila (the new chief executive officer), who will pursue the development of Mobius Motors,” the outgoing CEO Nicholas Guibert stated.

“He will get the visionary and financial support from Silver Box to successfully expand brand's market share, introduce newer models, develop a network of Service stations, and make of Mobius Motors a major player on the African continent,” Guibert said.

The new CEO further expressed optimism that the company, through Silver Box, was poised to drive innovation and expand Kenya’s automotive sector, reinforcing itself as a leader in sustainable and locally focused vehicle production.