Having secured $50 million in funding thanks to the Pan-African Investment Company, Mobius can finally put the latest evolution of its low-cost SUV into production. Things have changed some in the two years since the Mobius Two was first announced as a form of inexpensive, go-anywhere transport for Africa: the initial price of $6,000 has risen to $10,000 and it's now called the Mobius II.
We record Episode #289 of the Autoblog Podcast tonight with special guest Mike Levine of Ford, meaning you can drop us your questions via our Q&A module below and chime in to direct our conversation. Subscribe to the Autoblog Podcast in iTunes if you haven't already done so, and if you want to take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight.
Ultra low-cost transportation doesn't have a particularly successful history in the recent past. Just ask Tata. The company's Nano subcompact was supposed to revolutionize the way low-income families the world over moved themselves, but as it turns out, even those with no money don't want to be seen in a vehicle known primarily for its cheapness. Even so, one company is working to give rural Africans a shot at changing their lives with a new low-cost SUV. Nairobi-based Mobius Motors wants to bui
Perhaps a flock-like approach to building lithium batteries for vehicles is what it'll take. A new alliance has been formed between the Argonne National Laboratory and 14 US companies to try and "perfect" li-ion batteries for cars, the lab announced this week. The alliance, called The National Alliance for Advanced Transportation Battery Cell Manufacture, will ask for between $1 and $2 billion from the US government over five years to help with the task. Much has been made of the way that Americ