City Dwellers: Your Folding Electric Bike Awaits!

As nifty and futuristic as the Segway may be, it’s not exactly the most practical of personal transportation devices. Nevermind the fact that in many cities it’s considered not big enough to be streetworthy, yet too powerful to be safe for sidewalks; the bigger problem is that it’s, well, big. Heavy. Bulky.

No, the world clearly isn’t ready for a revolution in personal transport. But taking established technology and making it work better — yeah, there’s always a market for that.

Enter the Gocycle, an electric bicycle that can supposedly travel 20 miles on a charge, power up fully in only three hours via a normal household outlet, and fold into a space about two feet on a side, and about a foot deep.

The catch? It’s very expensive, and currently available only in the U.K. and Europe. But devices like these are sure to become more popular as the price of gas continues to rise, and when that happens the prices are sure to come down.

[Read - via Gizmodo]