This is what I found on NYPost.com:

Segway is discontinuing its iconic two-wheeled transportation device, the company announced Thursday, putting an end to a nearly 20-year run as the device of choice for tour groups and mall cops.

The company said in a statement to The Post that the impetus for the move was an “over-saturation of the market” for the device, noting that the Segway PT is “an extremely durable vehicle, with many that are 10 years or older still on the road.”

Segway, which introduced its original vehicle in 2001, has in recent years moved on from its original creation, now focusing on other forms of mobility, including electric scooters. The company said that its flagship device last year accounted for less than 1.5 percent of its revenue.


 

Information provided by NYPost.com.

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