Yep. Apple dodged a very uncool bullet here. Now make an e-bike, Tim Apple.
A 12 mile per hour limit is really bad for a transportation device.
Miniaturisation? Check. Lightweight metals? Check. Battery technology? Check. Premium design-centric product? Check. Product small enough to be sold through worldwide network of Apple Stores? Check.
Then add in what Apple could do with UX around bike navigation and you have a perfect fit.
Like an AirTag but it does some home automation thing.