GoCycle’s electric bike was a bit of a hit at T3 Towers, mist because it appealed to our love of getting into work on two wheels, all the while not having to pump the pedals too hard.

And now the company behind it, Karbon Kinetics, has confirmed that its much-vaunted successor, the GoCycle G2R, will be released in November. The electric bike has been given an overhaul, with a lighter frame, electronic shifting and hydraulic brakes.

There’s only one problem. The G2R will set you back €2,999 (£2,626). That’s one hell of a price, although it is cheaper than a yearly season ticket on the train.

GoCycle video

For more on this and the rest of the day’s gadget news and gossip, stay tuned to our Facebook and Twitter pages