Bike Friday recently announced the launch of the pakiT, a folding bike that weighs between 15 and 22 pounds and fits in a backpack for easy transport and travel. The pakiT debuted on Kickstarter and surpassed its fundraising goal within seven hours.
When folded, the pakiT measures 38 x 24 x 10 inches, giving users the ability to store the bike in a closet, under a desk, in a car trunk, in the overhead bin on a train or in a storage locker. It also allows the rider to take their bike inside instead of leaving it vulnerable to theft or the outside elements. Bike Friday claims it only takes three minutes to break the bike down into a standard suitcase for airline travel.
The pakiT comes in three frame sizes and uses standard bike components, with gearing options from 1-11 speeds, including a Gates belt drive option to eliminate the potential for chain grease stains on clothing and skin. Retail pricing is estimated to be between $1,500 (singlespeed belt drive) and $2,300 (11-speed belt drive).