10/18/2010 02:22 pm ET | Updated May 25, 2011

Onya Cycles: Renowned Inventor Develops A Tricycle To Fill In For Your Car (VIDEO)

Do you really need a car to make a quick trip to the store?

Saul Griffith, the chronically industrious inventor and recipient of a MacArthur "Genius" award, has developed a new economical way of making the brief trips that seem to occupy so much of our lives. For trips less than 10 miles, Onya Cycles end up being faster than a car, Griffith tells Giga Om TV in the below video. Made with 20-inch BMX Wheels for stability, the bike will cost around $2,500 for just the bike and $3,800 with the battery and motor.

The "Front-end Loader" that Griffith displays below, can carry up to 200 pounds and has a top speed of 20 miles per hour (presumably without your groceries.)

The bike's are still in development, but you can watch the full video below -- and check out GigaOM TV's Green Overdrive Series: