Dean Kamen pondering giving up on Segway

Is the Segway a failure? That's the question that inventor Dean Kamen is reportedly grappling with, as the so-called Human or Personal Transporter has failed to live up to the sales goals set for it when it was launched back in 2001 with a great deal of fanfare. In fact, it was so hyped when first introduced that it would have been nearly impossible for the self-balancing 2-wheeled machine to meet such lofty expectations. Another major problem with the Segway is that there are few places where the devices are specifically legal.
Kamen himself suggested that the Segway "will be to the car what the car was to the horse and buggy," and that scenario has most definitely failed to pan out. So, with the Segway's failure as a replacement for the car firmly established, Kamen admits to sleepless nights spent pondering on whether to completely kill the project. Our take? The Segway's a cool product that's a 50% price cut short of greatness. Well, that and perhaps a bit of red-tape cutting.

[Source: CNN]

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