The Segway may be the big name in electric bicycles, but there’s a new kid threatening to steal its crown. The Yike Bike has all the style and smarts of The Segway, at least if you believe the promo video

This is the kind of polished clip which doesn’t tell us what happens when you hit potholes, gravels, or puddles. It also doesn’t mention the slow speeds, or the short distance the Yike Bike can travel.

But if you can get past those limitations to go green, the Yike Bike looks like a lot of fun. And unlike the Segway, you can fold it up and pop it in a bag! Now I just have to head to New Zealand to get mine!