Folding into a parking space

Saw this article in the news today and was very excited by the locality of the automobile in question - the Guggenheim in Bilbao, Spain; one of my travelling destinations in 2011. Onto the story! 

Electric vehicles (EV) have been around nearly a century and have in the past few years become commercially available (albeit at a price!). One such new electric vehicle is the new Hiriko Fold developed by MIT’s Changing Places group and development agency Denokinn.

This modern looking EV is eco-friendly and highly convenient for city community due to its most defining feature…it can fold itself into a parking space! As a two-seater vehicle, the EV is capable of travelling around 75 miles between charges. Prototypes are on trial and the Hiriko Fold is set to go on sale in 2013 for £10,000…so start saving! 

Check out this video of the Hirikon Fold driving round Bilbao, Spain:

http://vimeo.com/45889231