Kenyan mobility startup Mobius to shut down following failed year-long recovery efforts
Mobius Motors is set to shut down operations and enter voluntary liquidation. A creditors' meeting has been scheduled to approve a liquidator to oversee the process.
Mobius, maker of low-priced SUVs for startups, to shutdown
Mobius Motors has entered voluntary liquidation after failed rescue efforts. The company struggled to settle suppliers and pay salaries as debts rose.
