20 years away: Segway electric balance car announces shutdown

Media reported that after 20 years of wind and rain, Segway electric balance car has been officially discontinued. As a developer of Segway, Dean Kamen also recently participated in the FIRST Robotics Tournament. But the electric balance car, once seen as a candidate for “future transportation”, has never revolutionized urban mobility as its creators had hoped.

20 years away: Segway electric balance car announces shutdown

Segway, which began the concept hype in 2000, has not had a smooth path to commercialization. It has been poor lying in the face of sales of up to $5000.

Most of the 140,000 or so sales were sold to tourism, shopping malls and airports, mainly by security personnel. Kamen then sold the company in 2009 and was incorporated under Ninebot in 2015.

Segway Simply move – consumer video (via)

According to a new report from Fast Company, Ninebot, which has invested heavily in Segway PT, has decided to stop production and lay off 21 Segway employees on July 15.

High prices are not the last straw to overwhelm Segway PT, as electric balanced cars are also tightly regulated by city road regulations and are not even allowed on public roads such as sidewalks.

20 years away: Segway electric balance car announces shutdown

However, Segway retains a small number of temporary employees in order to handle repair and after-sales matters. Of course, that doesn’t mean the company won’t offer the other two-wheeled transportation in the future.

After all, we also saw the S-Pod concept model scoffed at the Consumer Electronics Show (CES 2020) in January.