Are you intrigued by electric bicycles but already own a regular bike? UrbanX created a drop-in wheel that can turn almost any old bicycle into a cool e-bike. The wheel only takes around one minute to install and boasts an impressive range of 30 miles on a single charge.

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The UrbanX bike wheel simplifies e-bikes: add their wheel and you’re good to go. The product adds an additional 15 pounds to a bike, which isn’t as heavy or clunky as some electric bikes can be. The company behind the product offers the wheel in six sizes; they say it will fit 99 percent of bikes. Their compact battery charges in an hour and a half.

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The company offers a 240 watt motor and a 350 watt motor. The 240W motor’s top speed is 15 miles per hour (mph) while the 350W motor’s top speed is 20mph. Bikers can also pedal as normal; UrbanX includes a three level pedal assist system that can be switched via an app.

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UrbanX says their product “works smarter, not harder by using an algorithm to ensure 100 percent of motor output is utilized to power your ride.” They came up with their patent-pending Sinus Algorithm Controlling System to boost the battery and motor’s efficiency.

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UrbanX isn’t the first company to come out with such a product; GeoOrbital also recently unveiled a bike wheel that converts bicycles into e-bikes within 60 seconds. The look of the two wheels are quite different, and UrbanX’s 240W motor wheel is much less expensive than GeoOrbital’s wheel.

To help bring their product to market, UrbanX also turned to crowdfunding. With over 30 days to go, they’ve raised more than double their initial goal of $50,000 on Kickstarter. The limited early bird prices for the tires start at $299. UrbanX ambitiously says they’ll be delivering the wheels this summer.

Via TreeHugger

Images via UrbanX Electric Wheel Facebook