The Honda U3-X is a self-balancing one-wheeled electric vehicle similar to the Segway PT. It was unveiled by Honda’s CEO on September 24, 2009 and it was announced that it would be shown at the 2009 Tokyo Motor Show. Time Magazine called it one of the 50 best inventions of 2009. In April 2010, Honda engineers did a short demonstration of two of the devices in Times Square, New York City. In May 2010, Honda representatives demonstrated the U3-X at the Honda Collection Hall in Motegi, Tochigi, Japan. Honda developed the U3-X with technology originally developed for ASIMO the bipedal human robot project. Honda states that the “U” stands for unicycle and for universal. It weighs 10 kg (22 lb) and travels at 6 km/h (3.7 mph), a similar speed to the Toyota Winglet.