Update: Here is the Nike Press Release:
And a verge article:
By market cap, Nike is twice as big as anyone else. But don't tell that to new CEO Elliott Hill, “We’re at our best when we’re competing. And not only competing, but competing and winning... On my first day, I stood up on stage and my first slide said we are a sport company and we are a growth company, and they’re not mutually exclusive. And when we invite eight billion consumers into the world of sport, I like our chances of growing."
How will they grow? They say they want to be innovative as they claim they will soon have the world's "First motor-powered running and walking shoe."
Nike calls this motorised shoe Project Amplify and likens it toNike calls this motorised shoe Project Amplify and likens it to an ebike for feet, allowing the general population – rather than serious runners – to run or walk far quicker than they otherwise would do.How much quicker? In testing, the company’s researchers found that athletes experienced anywhere from a 9-22% improvement in metabolic effort. In other words, like going from a 12-minute mile to a 10-minute mile, using the same effort. an ebike for feet, allowing the general population – rather than serious runners – to run or walk far quicker than they otherwise would do.
How much quicker? In testing, the company’s researchers found that athletes experienced anywhere from a 9-22% improvement in metabolic effort. In other words, like going from a 12-minute mile to a 10-minute mile, using the same effort.






