Now, three young Chilean engineers have set out to put a brake on that with a design that allows the rider to connect the tube seat with the lower pole so the bike cant be stolen without breaking it.
The bike’s lower frame opens up into two arms that are then connected to the seat post and locked to a post,
so thieves would have to destroy a Yerka to get it unlocked, leaving it valueless.
Now, while waiting for the patent to be approved and carrying out more tests on the bike’s resistance to thieves,
the team plans to launch a crowd funding campaign seeking to raise funds.
They’re also looking for a partner who can invest $300,000 needed to produce a first batch of 1,000 bikes
that they hope will be sold by mid-2015.