The Segway is officially over

China-based Ninebot, which acquired Segway in 2015, will halt production of the PT, short for Personal Transporter, on July 15, 2020.

The Segway PT, which earned a place in pop culture but never realized its creators' world-changing ambitions, will come to an end this summer.

China-based Ninebot, which acquired Segway in 2015, will halt production of the PT, short for Personal Transporter, on July 15. Twenty-one staffers will be laid off at its Bedford, New Hampshire plant. Fast Company first reported the news.

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