Recently, electric cars have conquered the market, and now it seems as though the same thing may happen for bikes. Electric bikes are becoming more and more popular, but just as their electric car counterparts, they are not as fast as we would like them to be so companies are now working on producing bikes that are as fast as possible. The new Specialized Turbo electric bike is the perfect example of the new generation of electric bikes, built for speed. It was designed to hit a top speed of 24 mph - an impressive increase over the average 15 mph speed of existing e-bikes.

The Specialized Turbo Electric Bike is powered by a direct-drive 250W motor in its rear-wheel hub, while the rear wheels work as a regenerative braking system. This braking system can be switched on and off offering riders the chance to save some energy. The bike will also be equipped with a carbon fiber disk brake and custom alloy frame for safety at high speeds.

The new Specialized Turbo went on sale in April 2012 and is priced at €5499 - or about $7200 at the current exchange rates. For that price, we may have to just stick to a little muscle power.

Hit the jump to watch the bike in action!

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