The Twike is a human-electric hybrid vehicle designed to carry two passengers and cargo. Twike is steered by joystick - for the right hand of the left-side seated pilot - via cables and has pedal brakes. The Twike II had a belt pedal drive with infinitely variable mechanical transmission and a DC motor powered by NiCd batteries to help propel the vehicle. In 1992, the newly founded Twike Ltd. decided to develop the Twike II into a production vehicle and began looking for capital and customers. Production of the Twike III began in 1995 and during 1996 the reformed Twike AG produced and sold 190 vehicles, mostly in Switzerland and Germany. The Twike III was already equipped with an asynchronous AC motor and 336V NiCd batteries, the system still in use today. In 1998, FINE Mobile GmbH launched its German Twike production line and finally became the exclusive producer of the Twike after taking over the rights of the SwissLEM AG in 2002.