A saddle type vehicle including a balancing system, said balancing system comprising: a casing member rotatable about a first axis; a flywheel rotatable about a lateral axis, said flywheel accommodated inside said casing member; a first driving member configured to enable rotational movement to said casing member; a second driving member configured to enable rotational movement to said flywheel, wherein said flywheel includes one or more hollow portions (H1 and H2); and wherein the balancing system is rotatably supported by a support structure of said saddle type vehicle, wherein said casing member includes one or more faces (2091, 209r, 209f, 209r, 209t, 209b) being configured to include multiple louvers, wherein said casing member is a cuboid comprising a first lateral face, a second lateral face, a front face, a rear face, a top face, and a bottom face, wherein said first lateral face is located on one of a right side or left side of said casing member when seen from a top direction of said vehicle, and said first lateral face includes a first rotation enabling member, said first rotation enabling member being configured to support a portion of a flywheel shaft of said flywheel, and to provide rotational movement to said flywheel about said lateral axis of said vehicle, wherein said second lateral face is located on a left side of said casing member, said second lateral face being configured to support said second driving member, and wherein said top face is configured to receive a portion of said first driving member. a casing member rotatable about a first axis; a flywheel rotatable about a lateral axis, said flywheel accommodated inside said casing member; a first driving member configured to enable rotational movement to said casing member; a second driving member configured to enable rotational movement to said flywheel, wherein said flywheel includes one or more hollow portions (H1 and H2); and wherein the balancing system is rotatably supported by a support structure of said saddle type vehicle, wherein said casing member includes one or more faces (2091, 209r, 209f, 209r, 209t, 209b) being configured to include multiple louvers, wherein said casing member is a cuboid comprising a first lateral face, a second lateral face, a front face, a rear face, a top face, and a bottom face, wherein said first lateral face is located on one of a right side or left side of said casing member when seen from a top direction of said vehicle, and said first lateral face includes a first rotation enabling member, said first rotation enabling member being configured to support a portion of a flywheel shaft of said flywheel, and to provide rotational movement to said flywheel about said lateral axis of said vehicle, wherein said second lateral face is located on a left side of said casing member, said second lateral face being configured to support said second driving member, and wherein said top face is configured to receive a portion of said first driving member. wherein said second lateral face is located on a left side of said casing member, said second lateral face being configured to support said second driving member, and wherein said top face is configured to receive a portion of said first driving member.