With pods built for between one to twelve passengers, the monorail design was supposed to take commuters out of the streets into green, cycle-powered carriages.
The eco-friendly and fossil-fuel free design was hailed as the public transport of the future.
In 2010 it caught the attention of the futurists at Google who gave the project US$1m ($1.59), as part of the search engine's ten-year anniversary grants.
The success of the Google Anniversary fund was called into question by Wired magazine, which claimed that the tech giant was struggling to find eligible finalists from the 150,000 submitted proposals.
At the time a spokesperson for Google defended the modest investment as a sound wager saying "the cost of innovation in public transportation is often very high, sometimes in the billions of dollars," and that the project had "potential for significant impact on the future."
Yet it seemed over time interest and the funding appears to have dried up.
In 2018 the New Zealand company Shweeb Holdings filed for insolvency.
For now the only prototype shweeb in existence can be found at the theme park Velocity Valley in Rotorua. Rebranded 'Shweeb Racer' last year the shweeb has found its real purpose, not as a serious transport option but as a lot of fun.
The shweeb boasts a top speed of 50kph, "if you pedal hard and fast like an Olympian," claims the velocity valley site.
For $55 a rider, you can race around the 200m track – the only one of its kind – and experience the transport that was once poised to change the world.