YikeBike: An Electric Bike Like You’ve Never Seen Before

The YikeBike, which was just released today, is a tiny electronic bicycle that can be folded to the size of a backpack and weighs about 22lbs. Not only is this bike tiny and ridiculous looking, it can achieve speeds of up to 20km per hour and is the first bike in the world to have anti-lock brakes. Is this the new Segway or could this catch on once the bike’s going price of $4,850 drops to an affordable range? [via]