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GM, Segway Unveil Two-Wheeled Vehicle
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0:54
RENEE MONTAGNE, host:
NPR's business news starts with GM's new two-wheel vehicle.
(Soundbite of music)
MONTAGNE: It could be a sign of radical innovation, or perhaps drastic downsizing. Today, the company that brought us the Hummer is unveiling a tiny electric vehicle - a two-wheeled, two-seat battery-powered vehicle, looks like wheelchair with a clear plastic canopy. It's designed to zip around congested city streets. GM developed the device along with Segway, the company known for those odd electric stand-up scooters that you sometimes see on city streets. This new device can travel 35 miles on a single battery charge. It won't be rolling off an assembly line anytime soon, but GM says the cost of the only one would be one third to one fourth the cost of a regular vehicle. Transcript provided by NPR, Copyright NPR.
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But the game has changed: Congress voted to eliminate funding for public media across the country. Here at LAist that means a loss of $1.7 million in our budget every year. We want to assure you that despite growing threats to free press and free speech, LAist will remain a voice you know and trust. Speaking frankly, the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news in our community.
We’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission.
Thank you for your generous support and belief in the value of independent news.
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