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URB-E Foldable Electric Vehicle Solves the 'Last Mile' Problem

Debra Borchardt
3/12/14 2:28 PM EDT
URB-E is a personal electronic vehicle built for people that need some flexibility with mass transit, and will run up to 20 miles on a single charge with a maximum speed of 15mph. CEO Grant Delgatty says the company just reached its fundraising goals on Indiegogo and expects to begin shipping product this year. The URB-E is lightweight and runs on a battery that can be charged in hours. The best feature is that it can be folded up and taken on mass transit or to the office to charge. Delgatty calls it a mini Tesla, TheStreet calls it fun.
Stock quotes in this video: TST, TSLA

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