Can Segway save GM?

General Motors and Segway think small with an electric rickshaw-type vehicle

General Motors may be close to bankruptcy, said Jim Motavalli in The New York Times, but it’s “still in the business of creating dreams.” It’s latest—being unveiled Tuesday at the New York auto show—is a collaboration with Segway: a two-wheel, two-seat rickshaw-like electric pod that drives up to 35 miles per hour for up to 35 hours on a single charge of its lithium ion battery.

This could be big for Segway, said Sharon Terlep in The Wall Street Journal. Its upright Personal Transporter was unveiled in 2001 with “considerable hype,” but few people bought it. GM’s big bet is that the “more car-like” Personal Urban Mobility and Accessibility (PUMA) will do better, bolstering the bailed-out GM’s “increasingly uncertain future.”

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