Chinese company Ninebot buys out Segway

It’s hard to imagine life before 2002 when the Segway standing scooter thing hit the scene completely revolutionized the way we get about, just like everyone predicted it would.

Its staggering success has made it an American institution. Like many of you, I have fond memories of making out with that special someone in the back of my Segway at the Segway-in movies during those hot summer nights.

But now, the vehicle we have all welcomed into our lives is entering a new chapter having been bought out by Beijing-based Ninebot Inc. I guess we won’t be able to use the old cliché “it’s as American as a Segway” anymore.

Read More