Mobius Motors Kenya Transitions to New Ownership Under Silver Box

0

Silver Box has acquired Mobius Motors Kenya, aiming to stabilize and expand operations. The plan includes resuming production of the Mobius 3 Model by July 2025 and launching a new SUV in December 2025. Leadership changes have occurred, with John Kavila appointed as COO, following outgoing CEO Nicolas Guibert, who remains optimistic about the future under new ownership.

Silver Box, a Middle Eastern business investment and technology firm, has successfully acquired Mobius Motors Kenya, the nation’s pioneer in vehicle manufacturing. This acquisition represents a strategic move as Mobius aims to stabilize and enhance its operations after years of significant investment in the Kenyan automotive sector. Founded 14 years ago with an estimated investment of KES 5 billion, Mobius has experienced challenges related to production scaling and market competitiveness.

Under the new ownership, Silver Box plans to reinstate full manufacturing operations for the Mobius 3 Model by July 2025, with a new off-road SUV anticipated to launch in December 2025. Furthermore, the company has resumed operations at its service center, signaling a commitment to revitalizing the brand’s presence in the market.

With the change in ownership, John Kavila has been appointed as the new Chief Operating Officer (COO) of Mobius Motors. Kavila brings extensive experience in manufacturing, operations, and customer service, which will be pivotal in shaping the company’s strategic direction. He succeeds outgoing CEO Nicolas Guibert, who expressed confidence in the new ownership’s ability to scale production, expand the brand’s market share, and improve service networks.

During his tenure of five years, Guibert acknowledged the difficulties Mobius faced in scaling production and reaching new customers. However, he remains optimistic that Silver Box’s involvement will address these issues effectively. Mobius Motors has established itself as a key player in Kenya’s automotive landscape, and its future will largely depend on the new management’s successful implementation of plans aimed at production enhancement and market expansion.

In conclusion, Mobius Motors Kenya is poised for a pivotal transformation under its new ownership by Silver Box, which aims to enhance production capabilities and introduce new models. With leadership changes, including the appointment of John Kavila as COO, the company seeks to overcome previous challenges and strengthen its position in the automotive market.

Original Source: www.tv47.digital

Leave a Reply

Your email address will not be published. Required fields are marked *