This brings us to the YikeBike -- a bizarre-looking foldable electric bicycle that was announced back in September.

ENGADGET: YikeBike foldable electric bicycle hands-on Hands-on

An unidentified company has just agreed to order at pair of frames from DBC as testbeds for a new electric bicycle it's developing.

ENGADGET: Engineering a better bicycle with DBC City Bike Design Alt

For commuters who can't wait till 2009 to zip past gas stations, the most practical solution may be one that's been zooming around Europe and Asia for years: an electric bicycle.

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Mr Iacocca, now head of a company called Global Motors, is teaming up with Unique Mobility, a Colorado company, to produce an electric bicycle, which he believes will appeal to Baby Boomers who want to flaunt their environmental consciousness.

ECONOMIST: Cars

The 863 Program noticed, and last year it added a program to build a micro-electric car, inspired by bicycle components, for commuters.

NEWYORKER: Green Giant

She excitedly speaks of the smart ebike, a bicycle with a 250-watt electric hub motor in its rear wheel, launching as part of a pilot program in 2013.

FORBES: How Smart's CEO Plans To Get Its Mojo Back

But staff members have also worked on building a personal bicycle from scratch, a baby crib, and an electric vehicle, to name just a few.

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