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Detailed text transcripts for TV channel - CNN - 20110303:19:24:00

The name, yik? when you sit it does look unusual. like yikes so it s the yik bike. grant ryan is the new zealand investor whose aim was to reinvent the buy cycle. this one requires no pedaling. it looks different than a normal bike but there s nothing here natural about this. so you ve got a nice upright riding position and your hands naturally lay down here. got an accelerator here, a brake here. you ve got some lights the whole way around, turning signals. away you go. inspired by the segue, he wanted to make it electric only lighter and faster. i ll give you a race. reporter: it weighs 20 pounds and zips is along at 14 miles an hour. it s got great acceleration, great baek braking, maneuverable. in 2009, time magazine called it one of the best inventions of the year but it hasn t been available to the ....

Yik Bike , Buy Cycle , Grant Ryan , New Zealand , Upright Riding Position , Turning Signals , Hasn T , One Of The Best , Great Baek Braking ,

Detailed text transcripts for TV channel - CNN - 20110303:07:58:00

Seconds, and has you cruising with stares from everyone around. it is called the yikebike. where did you come up with the name, yike? when you sit on it, it does look unusual, so yikes. so it s the yikebike. reporter: grant ryan is the inventor, whose aim was to reinvent the bicycle. this require nos pedaling. it looks different than a normal like, but there s nothing inherently unnatural about this. so you ve got a nice upright riding position, your hands lay down here. you ve got an accelerator here, a brake here, some lights the whole way around, turning signals. away you go. reporter: inspired by the segue, ryan wanted to make it electric, only lighter and faster. it weighs 20 pounds and zips along at 14 miles an hour. it s got great acceleration and great braking and very ....

Yike Bike , Grant Ryan , Nos Pedaling , Upright Riding Position , Turning Signals , Kit Electric ,