Pink Lightning is a pink tricycle from the game Turbo Dismount. It makes it's first appearance in the video

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"Turbo Dismount - Part 5 | BIGGEST DROP!" The tricycle is kind of slow. In "Turbo Dismount - Part 8 | MY FAVOURITE LEVELS!", Jack names the tricycle Pink Lightning. Jack says "ooooh Pink Lightning!" about the tricycle for the first time in "Turbo Dismount - Part 11 | I HAVE A BOUNCY ASS" and nearly every time he uses the tricycle in the game.

In "PINK LIGHTNING SUICIDE! | Turbo Dismount - Part 24", Pink Lightning drove off a cliff after "beating" the level called "Bus Serpentine".