Watch out Segway, Ryno Motors has engineered a self-balancing motorized unicycle and it looks awesome. The Rynco-Cycle is driven by an electric motor with a rechargeable battery. It’s estimated to have a range of 30 miles and reach speeds nearing 20mph. It weighs 125 lbs.
It’s the first ever microcycle made and expected to retail January 13, 2013 and will be priced at about $4,500. Judging by the videos (see below) it seems easy enough to operate.
The market demographic would most likely include people who get around on scooters and small city dwellers. One of the advantages of the Ryno is that it’s small enough to store in an apartment if you live in a city, and big enough to not make you look weak.
Wow Factor
What stands out about this cycle is the design. It’s the kind of unicycle Batman would ride. It has an industrial look, with a big motorcycle tire. It’s marketing it that way too. The ads have the rider in a leather jacket to make them look like the same cliental that ride Harleys.
Ryno’s new cycles hitting the market could also spell trouble for Segway Inc., producer of the Segway PT since the company’s has carved itself a niche providing easy and maneuverable vehicles to police departments nationwide.
Business Section: Investment Ideas
Portland based Ryno Motors has not put this item out on the market yet, nor is it a traded company, but this could be something to keep in the back of your mind. If people in urban areas start using this device as a way to get around in considerable numbers, might be wise to keep your ears open.
Check out their website here.
One of the best jobs I ever had was working at an ice arena in Minnesota, where I grew up. The Zamboni was lots of fun to drive…but there’s a lot of pressure to, when you are resurfacing the ice in between periods!
Love it…