Segway Discontinuing Its Two-wheeled Device - New York Post

Join the New York Post and Mansion Global for a live conversation on how COVID-19 has affected top real estate markets in the US, Friday, 6/26 @ 12 p.m. EST. Register here.

Explore More

• California High-Speed Rail chiefs pitch train to Yosemite – but plan mocked as ‘gaslighting’

• New York Medicaid transport  plagued by fraud, with drivers scamming up to $196M

• Trucking has become a hot spot for illegal labor — with lethal results

The original Segway is rolling off into the sunset.

Segway is discontinuing its iconic two-wheeled transportation device, the company announced Thursday, putting an end to a nearly 20-year run as the device of choice for tour groups and mall cops.

The company said in a statement to The Post that the impetus for the move was an “over-saturation of the market” for the device, noting that the Segway PT is “an extremely durable vehicle, with many that are 10 years or older still on the road.”

Segway, which introduced its original vehicle in 2001, has in recent years moved on from its original creation, now focusing on other forms of mobility, including electric scooters. The company said that its flagship device last year accounted for less than 1.5 percent of its revenue.

The Segway had a starring role in the hit 2009 film “Paul Blart: Mall Cop,” and made headlines in 2010 after the owner of the company died after accidentally driving his transport off a cliff.

The discontinuation of the vehicle will result in 21 layoffs at the company’s Bedford, NH, production plant. Segway said the laid-off employees will be provided with severance packages, and that it will not be closing the facility.

Columnists

• Charles Gasparino

  Here's why Warner Bros. Discovery have to take a closer look at Paramount's 'unsweet' bid

• Steve Cuozzo

  SL Green's 100 Park Ave. lands 12-year lease, now 100% occupied

• Jennifer Gould

  Nightlife vet opens three new NYC restaurants as he puts 'dark energy' club days further behind him

See All Columnists

Trending Now in Business

• This story has been shared 3,601 times. 3,601

  'CBS Evening News' staffers are 'jumping ship' with buyout offer ahead of Bari Weiss' layoffs: sources

• This story has been shared 2,143 times. 2,143

  Apple News promotes left-leaning media outlets -- as it shuts out conservative sites entirely: study

• This story has been shared 1,394 times. 1,394

  Ex-Google CEO, 70, sparks romance rumors with 27-year-old daughter of powerful pol: report

Now on Page Six

• 

  Demi Lovato suddenly cancels tour dates due to health concerns

• Police increase presence in Annie Guthrie’s neighborhood after releasing images of Nancy’s suspected kidnapper

• Person detained for questioning in Nancy Guthrie kidnapping case after doorbell footage released

See All

• Which two teams that made the playoffs last year will miss this year? Answering Fan Questions | The Show

Page Six

'Rookie' Nancy Guthrie suspect made grave error on night of kidnapping: expert

NYPost

Person detained in Nancy Guthrie abduction investigation is released