What's the barrier to entry?
Bit, a high end e-bike is $12-$15k. Which also seems ridiculous to me. And I’m a cyclist with several nice bikes (none of which were more than $7k).
"Nine", or did you mean "none"? I'm just checking if it was a typo, or if I should be jealous. :-)
These aren't off the shelf mobility products. Each one is assembled to specification.
This is one of the market failures caused by excessive regulation.
To make a chair you requires so much paperwork that only a small number of business can do it.
I especially like the regulations that make sure only those who need the chair get it, to reduce medical costs, but in the process all the paperwork dramatically drives up the costs.