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Fast Company reports on an electric bike from VW: Unveiled at the Auto China 2010 show, the battery powered two-wheeler — lamely called bik.e — has a range of 12.5 miles and a top speed of 12.5 mph. No pedals, so it’s battery power or Flintstones style, but it does neatly fold up into a disc shape that can fit in a car’s spare tire compartment. Whether you would want this instead of a spare tire is another question.

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