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.”

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us