Traditional bike with electric zip Summary: It's environmentally friendly like a traditional bicycle, but it has the zip of a scooter. Getting 20 miles per charge with a max cruising speed of 20 mph, Ultra Motor's new electric bike doesn't come cheap, at $2,600. August 6, 2008 -- 10:48 GMT (03:48 PDT) Sorry, this video is currently unavailable. Topic: Tech Industry Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.