GM has officially launched the compact and folding electric bikes it unveiled last year under the brand name "Arīv." The automaker hosted a $10,000 naming contest for the e-bikes when it announced the new project, so someone somewhere out there is few thousand dollars richer. Both models are powered by proprietary motors GM built from the ground up and can reach speeds up to 15.5 mph with four levels of assisted power. Their batteries take approximately 3.5 hours to fully charge and have a 40-mile range. The bad news? They might not be available in the US anytime soon.