Materials aside, I wonder how much of a market there really is for this vs a bicycle. Lots of bike lanes out here, and lots of bicyclists relative to a lot of the US, but this will require a lot more footprint to park, and that is a big minus.
In Tokyo, I saw so many bicycles and almost no little scooters compared to other cities, and it came about when the government decided to disallow sidewalk parking for any scooter. Killed the sub-50 scooter market dead. This "Better" device would never make it there-especially with so much bicycle traffic allowed on sidewalks.
The weather protection is nice but I don't see a big rush from small cars to this for commuting. Most of the people who would consider this already are riding bikes.