Espoo, Finland – Nokia (NYSE: NOK) on Thursday
introduced a new bicycle-powered mobile phone charger, which will cost about
$18 when it hits the market by year’s end. "To begin charging, a cyclist
needs to travel around six kilometers per hour (four miles per hour), and while
charging times will vary depending on battery model, a 10-minute journey at 10
kilometers per hour (six miles per hour) produces around 28 minutes of talk
time or 37 hours of standby time. The faster you ride, the more battery life
you generate," the company said.