• January 7, 2009

The Tailwind electric bike, which the company claims is the fastest-charging electric in the world, will be available for purchase beginning later this month in the U.S.

Schwinn is part of the Cannondale Sports Group. The company says the bike charges in 30 minutes through a standard electric outlet and will sell for $3,199 starting this month.

"We've seen tremendous growth in the eBike market in the last couple years, and expect the Tailwind will break out to lead the pack as it incorporates the latest battery technology in a very sleek and stylish electric bicycle," said Bruno Maier, executive vice president of marketing for the Cannondale Sports Group, in a release. "Initially we are starting out with a smaller inventory in the U.S., but we plan to grow the number of eBikes available to [retailers] throughout the year to meet what we will expect will be a growing demand."--Karl Greenberg