Startup makes 3-wheeled e-scooter that folds within a second

US-based bicycle making startup PIM Bicycles has developed a three-wheeled electric scooter called MYLO which can fold vertically in less than one second. The scooter can hold two 36v batteries, each providing a range of 16-24 km and can be fully charged in three hours. Priced at $1499, MYLO can reach a top speed of 28 kmph.