Are Segways Still a Thing

Segway Inc. is ending production of the Segway PT, the big-wheeled electric device that has become popular with tourists and police officers since its debut in 2001. … Since its debut, the Segway has been mocked for being overhyped, and because of some high-profile mishaps.

Is Segway profitable?

Critics pointed to Segway Inc’s silence over its financial performance as an indication that the company was still not profitable, following expenditure of some US$100 million developing the Segway PT. … Ten months after buying the company, Heselden died after he accidentally drove a Segway off a cliff.

How much did Segways cost?

Q: How much does a Segway cost? A: Brand new second generation Segways costs roughly $7,000 after taxes, and used second generation Segways cost between $4,000 and $5,000 depending on condition.

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.

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