Wouldn't non-spoked wheels be way less strong and heavier than spoked ones – surely that's more important for your average rider than a slight aerodynamic advantage? I'm assuming they're aiming it at average riders not racers, given the supposed built in electric engine.
And as for the wacky handlebars without brakes, fingerprint lock (because that wouldn't be at all easy to fool / prone to problems causing you to be locked out of your bike / or make people cut your fingers off to mug you for your bike), invisible drivetrain etc. it all seems a bit designer cliché.
It is weird that when concept design types design a 'bike of the future', it always has no spokes and a funny wheel connection like this. It is like there is one type of thing that concept designers do, and they churn out a roughly bike shaped version of it when they need some press (or a motorbike shaped / car shaped / house shaped). Why is it that they have such a boring 'futuristic' aesthetic anyway?
Joe