Exmovere Holdings Inc. is developing a Segway-based upright mobility device that surrounds the user's thighs, hips and legs in a kind of cocoon, called the Chariot. The user's hands, arms and chest remain free to do whatever is desired. This would position the vehicle as a direct competitor to existing sit-down scooters marketed to obese, elderly and limited mobility persons.
The Chariot enables users to maintain an eye level position with people, as opposed to scooters and wheelchairs.
The Chariot is Exmovere Holdings Inc.'s starting point for further development for people who have a hard time standing or walking and for those people who must stand or walk long distances.
The Chariot has several competitive advantages. It is the only stand-up vehicle of its type. It is the only, truly hands free self-balancing vehicle. It also serves as a unique platform for integrating vital sign, emotion monitoring and environmental sensors for hospitals, military and hazardous materials workers.
With the Chariot, Exmovere is seeking to benefit from current market trends towards individualized transportation with a focus on low carbon-footprint technologies. Future Chariots will offer unique features such as: smart battery management and inductive charging, core body temperature monitoring, heating and cooling, dynamic stabilization on rough, sandy, uneven and wet terrain, wireless connectivity and GPS, and sonar and radar systems for visually impaired riders...
Exmovere's Chariot plans are driven by urgent statistical trends. Over six million veterans have some form of disability and 261,897 were rated as 100% disabled as of 9/30/08, according to the Veterans Administration. There are 1.7 million amputees in the US. Diabetes accounts for the vast majority of lower limb amputations.
Over two percent of the US population uses a wheelchair or assistive device, including scooters, canes and walkers. There are 7 million mobility product customers in the US, all ages and disabilities included. The main distribution channels are private medical insurance, Medicaid, Medicare, private pay, workers' compensation and state assistance programs.
High end wheelchairs and scooters range in price from $6500-$7800. Although low volume production Chariots are expected to be priced at $6999-$9999 per unit, the company believes that mass production can reduce the Chariot over the next 5 years unit price by at least 50%.
Exmovere intends to sell the Chariot through a licensed dealership network to be established first in the United States. Exmovere will target E-2 visa immigrant investors interested in coming to the United States with their families to help market and service the vehicle through Chariot Stores. At Chariot Stores, customers will have the opportunity to not only test drive Chariots, but order accessories and apply for financing.
For more information on distribution opportunities for the Exmovere Chariot, contact us at [email protected].