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Make a Kids' Power Wheel Toy Awesome for $500 (Video)
You can spend less than $500 if you like. That's the maximum amount allowed if you're competing in the Power Racing Series. Interviewee Josh Lee is a member of the Southern Polytechnic State University Electric Vehicle Team. The modified electric 'ride on' toy they showed off and raced at Maker Faire Atlanta (where this video was made) is just one of their many projects. And, obviously, they're just one of many 'slightly deranged' teams involved in learning about and building electric vehicles. (Alternate Video Link)
In theory, that's a brilliant idea. However, you know the reality of an actual implementation would be an unsecured/poorly secured communications protocol resulting in some sick teenagers being able to remotely drive some unsuspecting kid out into the street.