We introduce an assisted exchange model (AEM) on a one dimensional periodic lattice with (K+1) different species of hard core particles, where the exchange rate depends on the pair of particles which undergo exchange and their immediate left neighbor. We show that this stochastic process has a pair factorized steady state for a broad class of exchange dynamics. We calculate exactly the particle current and spatial correlations (K+1)-species AEM using a transfer matrix formalism. Interestingly the current in AEM exhibits density dependent current reversal and negative differential mobility- both of which have been discussed elaborately by using a two species exchange model which resembles the partially asymmetric conserved lattice gas model in one dimension. Moreover, multi-species version of AEM exhibits additional features like multiple points of current reversal, and unusual response of particle current.
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