Photos: Electric rides
U.K. company's magnetic motors, which can propel a bicycle up to 56mph, will soon hit the streets of India and Europe.
Electric rides
Inventor Vasily Shkondin stands next to one of the Ultra Motor bikes.
Credit: Ultra Motor
Electric rides
Joe Bowman, investment manager at Russian Technologies, prepares to take one of the bikes for a spin.
Credit: Ultra Motor
Electric rides
The first two Ultra Motor prototypes were auctioned off at a Loomba Trust charity event in India last year for $13,500.
Credit: Ultra Motor
Electric rides
Sir Richard Branson and Lady Anne Harding gear up for a ride.
Credit: Ultra Motor
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