There is now a new bicycle called Bolt. Bolt is an electric bicycle that can top out at 20mph. The bicycle does not require a license and it's as effective as a motor cycle. The bike also does not require insurance. You have the option to pedal or cruse on the electrical bike. The bike cost $5,500 and requires no gasoline. I think the bike is very cool however, I would not buy it because it seems very dangerous in the state of NJ.
Click here for more information and a video..
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