Opportunity to Acquire a Leading-Edge Developer of Personal Mobility Vehicles

Expressions of Interest By:

Friday 13 February 2026, 12pm GMT

Project Motion

Hilco is delighted to offer the opportunity to acquire a leading-edge developer of personal mobility vehicles.

Key Business Highlights

The company develops a ground-breaking vehicle that extends personal mobility beyond the wheelchair industry and addresses the mobility needs of 10% of global population that cannot walk 400 metres without assistance.

Award winning design: The vehicle’s leading-edge design is recognised by leading businesses and design icons around the world, including Emirates airlines global Aviation X prize, the Royal College of Art’s Mobility Pathfinder award, and selected a finalist in China’s Intelligent Design awards. The vehicle’s leading-edge design was selected for exhibition at the Victoria & Albert Museum, the London Design Museum and Somerset House.

Unique combination of agility and dignity in the vehicle:

• Unparalleled agility. The vehicle turns 360 degrees within its immediate footprint. In comparison to competing models, a 540mm width makes it the narrowest vehicle in its class, enabling the ability to manoeuvre tight spaces, providing versatility and appeal to a larger target market.
• Its elevating seat allows flexibility for users as well as providing dignity for users to see people eye-to-eye.

The vehicle’s advantages are protected via patented technology and trademarked design.

Opportunity

Following significant private and institutional investment, the business is well positioned to take advantage of the investment to date and move to mass market production with global appeal.

The vehicle is ready for productisation with a small amount of work on componentry, accreditation and testing.

Significant traction has already been made to establish key routes to market, alongside a strong brand presence, backed by significant endorsements from leading mobility and accessibility figures.

Whilst the business is currently in pre-revenue stage, it can quickly scale, with the benefit of a trusted production partner who is primed to commence production.

Route to Market

With a target audience of 600 million+ global users of mobility vehicles/aids, the business has developed sales channels in each of the following areas:

• Direct to consumers via a strong brand presence and web offering, backed by advanced discussions with a distributor network.
• Direct to business which includes airports, leisure parks, shopping centres and hotel/event spaces, on either a direct purchase or subscription basis.

Pilot schemes are due to commence imminently (post completion of the prototype) at Queen Elizabeth Olympic Park, London and a leading Saudi Arabian ‘mega-project’ with pipeline pilots at the UAE shopping mall and leading London luxury retirement communities.

Future Developments

Capability and adaptability for autonomous manoeuvring, enhancing the user experience and creating significant labour savings for business adopters.

The company hold patents related to self-balancing technology that allows a rider to drive the vehicle without needing shift their centre of gravity, unlike Segway technology that requires the user to steer the vehicle with their body movements.

AI advancements ready for implementation include AI collision avoidance, driver assistance, component monitoring, predictive maintenance, automatic back to-base, mobile interface for remote control.