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Volkswagen Taking On Segway With Its Own Compact Scooter

Volkswagen plans to release a foldable, three-wheel electric scooter, according to CEO Martin Winterkorn, who spoke about the machine to German publication Bild. Benefiting from VW's advances in battery technology, the three-wheeler will weigh around 24 pounds and offer an electric range of 12 miles. Volkswagen is positioning it as the ride to take you the last mile after parking your car. It is also priced well below Segway.

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