Technically a trike, with one big wheel in back and two smaller ones under the front cargo bin, it can carry up to 660 pounds — not including the rider. A 1,000-watt Bosch motor powered by twin batteries does most of the work, but only when someone is turning the pedals.
Smaller and more nimble than a truck, the bike is also cheaper to operate and maintain and can go places other vehicles can’t. It has no tailpipe emissions, uses far less energy, and it provides users a little exercise.
Estimated price tag I found in the article was in the $10,000-$12,000 range and that's completely competitive with all the gas powered light utility vehicles and golf carts we use on campus at work. Hopefully we'll start seeing a lot more vehicles along these lines in the near future.