GM & Segway bring you the P.U.M.A - Personal Urban Mobility and Accessibility Project

Via Engadget.com

From Ross Miller over at www.engadget.com:

GM and Segway's joint venture is probably best described as a rickshaw without all the charm. The self-balancing Personal Urban Mobility and Accessibility Project (P.U.M.A.) can reach top speeds of 35 MPH, has a lithium battery that lasts up to 35 miles with a single charge, and features vehicle-to-vehicle (V2V) communication for potentially reducing the number of accidents. No word on when or if this'll actually go into production but it's expected to be priced at just 25% that of a regular automobile.