Three teams of bike builders and design firms paired up to compete in the Oregon Manifest bike building competition. Their task: creating the ultimate utility bike. This bike, The Faraday, was created by the Palo Alto, Calif., design consultancy Ideo and Rock Lobster Custom Cycles. It offers a new twist on electronic bikes--elegant, classic looks. The bike features a gentle pedal assist, powered by batteries housed inside the twin top tubes of the frame.