According to the New York times, Apple has been discussing about a ‘potential acquisition,’ with San Francisco Lit Motors. The new company is working on self-balanced electric motorcycles.
The Lit Motors C-1, is a vehicle combining the efficiency of a motorcycle with the safety of a car.
The unique urban vehicle is fully-enclosed and self- balancing, protecting the driver and passenger and provides car-like safety.
C-1 has a top speed of 100 mph and a range of up to 200 miles per charge.
source Lit Motors