Increasingly though, Segways are being used as an alternative for short distance commuters. For someone who lives in a warm and preferably urban climate, the Segway's 25 mile range could provide a means to get around without the sweat that a bike ride might induce. Segway CEO Jim Norrod expects second quarter sales to be up 50 percent over the same period last year compared to a 25 percent jump in the first quarter. Of course, there is still that little detail of the $5,000 price tag. Given the limitations of the device, unless they can bring the price down, it will remain very much a niche product.
[Source: Wall Street Journal]