Grace One electric bicycle is ready for purchase, our bank accounts are still preparing (video)

Your average electric bicycle has a basket on the front and a lot of shame in the rear. Not the Grace One. When we first saw it almost two years ago, in the fall of 2009, it looked... well it looked like a pretty kickass bike. Since then the design has been thoroughly refined, the frame redesigned, but still the stacked projector headlamps remain in their aluminum housing in front of the bars. They're a hint at the high-tech nature of this bike, which features integrated Li-ion batteries that charge in about an hour and spin a hub-mounted motor in the rear wheel, giving you a top speed of 30MPH and a range of up to 31 miles -- all for a mere €4,199 ($6,000). If your finances can manage it the bike is available now, but if they can't you'll have to make do with a celebratory video of the thing in action after the break. Word of advice: get those glow sticks cracked and shaken up before you hit play.

Grace One electric bicycle

Grace

YikeBike unveils less-expensive folding electric bike, Jackie Chan dons celebratory tuxedo

Our main complaint with the folding electric YikeBike -- besides the not-quite-catchy name – was the $3,795 price tag. The company's trying to ease the price pain with the Fusion, a new model that'll cost you $1,995. The savings come from replacing the carbon fiber body with aluminum and composites, which does, unfortunately, add about 6.6 pounds, pushing the total weight over 30 pounds. But that shouldn't hamper portability, and you'll still get six miles of travel on a single charge (or 12 miles with an optional battery backpack). YikeBike will sell the cheaper model through a network of distributors, allowing it to expand its customer base beyond the 250 bikes sold so far, to, among others, Google and Jackie Chan. So if you previously couldn't afford to follow in the kung fu master's tracks, well, now you have one less excuse.

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