A Russian company has developed a machine which could take chunks off your daily commuting time: a single-seat hoverbike.

This contraption looks like a collaboration between a quadcopter and a bicycle. The flying two-wheeler is powered by both electricity and a hybrid battery. The developer said it can reach a maximum speed of 50 kilometers per hour and can operate for at least 27 minutes on a single-charge.

Pretty nifty. But the downside: its price. It's expected to set you back about 150 thousand US dollars.