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