Get ready for the Personal Urban and Mobility and Accessibility vehicle which will be known by the masses as P.U.M.A. General Motors and Segway are teaming up for an enclosed 2 seat vehicle that has the fuel efficiency of 200 mpg. The car will be for urban driving and will be able to reach speeds of 35 mph.

"We're excited about doing more with less," said Jim Norrod, chief executive of Segway, the Bedford, N.H.-based maker of electric scooters. "Less emissions, less dependability on foreign oil and less space."

No word on what Segway and GM are looking at as a price point for the vehicle. Here is a video demonstration of the P.U.M.A.