yup! it's a Yikebike with a claimed top speed of 23kph and a range of 10km, and it's foldable. However it's not for you if you and your luggage weigh over 100kgs and you don't fall within the height range of 163cm to 193cm (5’4” to 6'4"). With that sort of speed capability will one need a drivers license and will teenagers not yet allowed to drive a car be able to use it? Hmm! It seems strictly for flat smooth terrain (can't cope with a hill >5 degrees but IMHO it's waaaay cooler than the Segway.