Swagway develops new hoverboard that won't explode and burn your house down

LAS VEGAS — Johnny Zhu doesn’t want to be photographed. He is a private man. At least that’s what the nattily-dressed 45 year-old CEO of Swagway tells me.

Maybe he’s also just a bit overwhelmed. Less than 5 months ago the Chinese native founded Swagway, LLC, in Indiana with the express purpose of selling custom-made smart boards. He’d seen them in China and thought they might sell well in the U.S. So he convinced some investors to back him, worked with manufactures in China to spec out how he wanted his “hoverboard” to look and work and then opened up shop. The rest is, as they say, history. "Hoverboards" were the hottest gift this holiday season and they have been featured on everything from music videos to Ellen. They've also led to countless injuries Read more...