Yike Bike Ready to Take on Segway, Goes on Sale Now

After having been announced earlier this year, Yike Bike is finally available for purchase right now. If you’re looking for a compact, electric folding bike that’s lightweight and sturdy with its carbon fiber chassis, you can whip out your pocketbook and pay $3,600 for the privilege of riding the portable transportation device. The bicycle itself weighs 22 pounds and can move you at a pace of up to 14 mph for up to 6.2 miles on a single charge. The front wheel is the larger wheel, measuring 20 inches and the rear wheel is the smaller wheel at 8 inches.