2020 promises to bring in new and modern products to the consumers. Already, one is making “waves.” This is the Hydrofoiler XE-1 by startup company Manta5 of New Zealand. The product is considered as the perfect hybrid between an electric bike and a jetski. It was designed by combining the technology of sailboats and airplanes, and imitates the cycling experience on water. The prototype is a 460-watt, pedal-powered water vehicle, using a lithium battery, designed for the water outdoor lovers. As the rider pedals forward, water passes over the wings creating lift off the water. The 2 carbon hydrofoils give the rider surface lift. It is lightweight, as the frame is made up of aluminum, and easy to assemble and transport. It includes electric assist modes that can reach speeds of 13 mph. It took Manta5 10 years of research and development, but the bike will be available starting April 2020 at an introductory price of about USD $7,500. However, April and May have already been sold out. Standard retail prices will be pegged at $8,990. The company explains that it is suitable for various levels of fitness, and novice riders can be upright in minutes, and have full mastery in a few hours.It can be used to explore ocean coastlines, lakes and waterways. The electric hydrofoil bike was showcased at the Consumer Electronics Show (CES) 2020.