Hanebrink built the first prototype10 years ago for an arctic explorer looking for an alternative to skis. Powerful 600 watt electric motor allows the bike to travel for more than 100 miles on a single charge with top speed of 20 mph. The electric bike sells for $5,500 — a bargain according to Hanebrink. They say traditional mountain bikes start at $3,000.

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via: Fortune Hanebrink