Someone wrote in asking if I knew anything about the Rhodes Car. I don't other than I have seen one in a retirement community. They strike me as very heavy and probably only suited to suburban travel, but more power to them if they can make a dent in car use somewhere as well as improving someone's fitness.
Other attempts have been made to work out a more of less conventional platform human powered vehicle - the Animas Quadracycle is a more sophisticated example, but it is a one-off that would be very expensive to duplicate in small numbers. If they could convince a Chinese manufacturer to make them in the tens of thousands it is probably a few thousand dollars, but finding demand would be difficult.
Velomobiles are probably a better answer. Usually three wheeled and often surprisingly light, they have aerodynamic bodies and on level ground can be faster than conventional bicycles. They have a bit of popularity in Northern Europe, but we're talking about the low thousands. The Mango is a good example. The big issues that prevent them from growing in popularity are a very high price, difficulty in mixing with conventional bike traffic on bike paths (they tend to be faster) and difficultly finding parking spots.
Price is coming down - this Australian design looks promising and volume production in China would dramatically reduce the price.
If people were seriously interested in capping speed limits in regions, velomobiles and electrically assisted variants could dramatically reduce energy use for certain class of travel.
One of the reasons for going to a velomobile, apart from a bit of weather protection and a place to stuff cargo, is the much lower aerodynamic drag. Given a 95 kg bike+ rider with a CdA of 0.5 m2 and a Crolling resistance of 0.005 and a 115 kg velomobile with the same rolling resistance and a CdA of 0.1 m2, you get the following (drivetrain losses are only a few percent on each and both of the CdAs are typical). A A rider can easily supply 100 watts* and a 200 or 300 watt augmentation gives more speed than you probably want on a velomobile.
It could be practical in many areas for much of the year and reasonably inexpensive given volume production, but I would imagine it is politically impossible in countries like the US where it seems important to be very inefficient by using one type of vehicle for all types of ground travel.
* Colleen can leisurely do about 13 mph burning 31 kcal on indigo blaze - about 470 watts. A person is about 20% efficient on this type of bike, so roughly 100 watts of power...