Mobius Motors, a Kenya-based automaker backed by Playfair Capital, has entered a voluntary liquidation after efforts to rescue the company for nearly one year failed. Mobius has been struggling to settle suppliers and pay salaries as debts from its operations rise. “At a meeting of the shareholders held on 5 August 2024, it was resolved
The post Mobius, maker of low-priced SUVs for startups, to shutdown first appeared on Content Krush.
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