In the last decade, Cai has said, the PT also gained in popularity with tourists from around the world.
But the Segway, which carries a permanent passenger on a large platform, represent less than 1.5% of the revenues of the company last year.
The company said that 21 employees will be laid off, the other 12 employees to stay two months a year, and five will remain at the Bedford, N. H., facility.
“This decision was not taken lightly, and even if the current pandemic global impact of production and sales, it has not been a key factor in our decision,” Cai said.
The transport revolution that the inventor, Dean Kamen envisioned when he founded the company in 1999, never took off. The Segway is original price tag of about $5,000 has been a barrier for many customers.
Difficult to move up
It was also difficult to mount because the rider had to be balanced at a specific angle for the vehicle to move forward. If the rider’s weight shifted a little too much in any direction, it could easily spin out of control, and throw the rider off.
They have been banned in some cities, because the users can easily lose control if they were not balanced correctly.
“What does that they think that the market has been when they built it, when they were designed?” asks Maryann Keller, principal at Maryann Keller & Associates, an automotive consulting firm.
“I have the impression that they were talking about the personal mobility. How can you think that something big and expensive would be to personal mobility? “
Ten months after the purchase of the company in 2009, British millionaire Jim Heselden, died after the Segway he was riding careened off a 30-foot cliff, not far from his country estate north of London. He was 62 years old.
In 2003, U.S. President George W. Bush to avoid injuries after falling off a Segway at his parents ‘ summer home in Kennebunkport, Maine.
A cameraman riding a Segway ran Usain Bolt in 2015, the Jamaican sprinter has done a lap of honour after winning the 200 metres race in Beijing.
Bolt was not injured and later joked about the incident.
WATCH | Usain Bolt made by Segway cameraman in Beijing:
In 2017, the Segway got into the scooter business, just as light, inexpensive and easy-to-ride two-wheels has taken to the streets of the city.
The riders have taken to 38.5 million trips on the sharing of electric scooters in 2018, according to the National Association of city Transportation Officials.
Segway made a foray into lightweight scooters may have been a sign that his original CP’s days were numbered.
“It was probably too much hype before it was launched, and when it was launched, it was like, this is not going to work on the sidewalks,” Keller said.