Africa, meet the $6,000 car. Mobius Motors plans to sell Africa a new vehicle, the Mobius Two, even though the entire continent has just a $15 billion market (about $485 billion lower than America's). But the Mobius Two could revolutionize the economy in a land where hundreds of millions of people have limited access to education, health services, and financial benefits—partly because they lack the necessary transportation.
Mobius Motors CEO Joel Jackson says the Mobius Two "creates a platform for mobility,” meaning it can transport goods for small businesses while lifting socioeconomic status. Sales will start later this year in Kenya, where middle class people earn an average of only $10,000 to $20,000. But Mobius' 8-person car may be ideal, eschewing luxuries and frills, focusing instead on handling, suspension, load-hauling, and ground clearance, reports Mashable.