We’re always trying to park as more cars as possible in one place— but since the space is limited, why not park your cars in a different way, such as fold your car up for parking/storage? Originally dreamt up by Boston’s MIT-Media lab, the collapsible vehicle is now developed by a consortium of seven small Basque firms under the name Hiriko Driving Mobility (Hiriko is the Basque word for ‘urban’) and is hoped to hit the market by mid-2013. The EV is quite small, coming with only two seats, and it will collapse into a much smaller one when parks vertically. And it’s durable too, capable of running for 75 miles without needing a recharge. When the EV finally comes into production, there’re two ways for people to use it: either purchase one for 12,500 Euros (just over $16,000) or rent one for the day.
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