Counting the Cost

Chile: The ‘unstealable’ bike

Three Chilean engineering students have developed a bicycle that cannot be stolen without breaking it.

Bicycles are the number one form of transportation across the globe.

The world produces three times more bikes than cars and with the global trend of people seeking healthier lives, the bicycle market is growing 20 percent a year.

Bikes are easy to use, cheap, environmentally friendly – and ridiculously easy to steal. Around 30 million bicycles are snitched every year. But now, three Chilean students have developed a bicycle that cannot be stolen without breaking it.

Al Jazeera’s Lucia Newman reports from Santiago.