The bicycle, my friends, has gone through many refinements, but not as many serious changes. Look at an average bike now, and you’ll find it’s much the same as a bike from 50 years ago. More reliable, more efficient, and much lighter to be sure, but it’s built with the same archetype in mind. Not so much with this crazy thing from Peugeot.
Of course, maybe there’s a reason we’ve stuck to the current bike design for so long. It works, for one thing. And with something like a fixed-gear or 3-gear, you’ve got a minimum of moving parts. This one is chainless, but that doesn’t necessarily mean it’s simpler or more elegant. It simply exchanges one mechanism for another.
At this point it’s just a concept, so there’s not a lot to get excited about, but I’d definitely like to keep an eye on alternate designs like this. Who knows when a change will come along that none of us expected, throwing the bike world for a loop?