Giant Bike introduced Twist Freedom Dx which look like a regular bike, but don’t get tricked by its surface. This bike is actually an electric bike which has torque sensor that monitors your pedaling and controls a 250-watt DC motor located in the front wheel. The source of power comes from two lithium ion batteries which can help you ride the bike up to 75 miles/120 kilometers.
This is great innovation as cars alternative, Giant, the manufacturer hopes that it will be popular in developing countries. Available in May 2008 with $2000 as its price tag.