The CEO of 5-Hour Energy, an energy shot product, has developed a bike that can power a small house from an hour's cycling

The CEO of an American energy shot product has invented a static bicycle that can be used to power domestic properties.

Manoj Bhargava’s invention – Free Electric – is a stationary layback bike that charges a battery as the user pedals. The 62 year old’s hope is to bring electricity to otherwise cut off places in the developing world, a move that could dramatically reduce world poverty.

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It’s reported that almost half the world’s population is without a reliable source of energy, with many having no access to electricity whatsoever.

“Energy is the great equaliser. So you try to look for that which is the one thing that will lead to benefits that are across hundreds of things,” said Bhargava in the promotional video.

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He continued: “Human mechanical energy is so amazing, why can’t we use that to create energy?”

The CEO went on to say how his company had “invented a hybrid bicycle that you pedal for an hour and you have electricity for 24 hours. We call it: Free Electric.”

This machine could revolutionise people’s access to electricity around the world, and could be used in duality in the developed world to tackle the health problems associated with over-eating and obesity.