Massachusetts – Boston’s MIT Media Lab, in partnership with a consortium of firms from Spain’s Basque country, has created a city car concept called Hiriko that folds up when parked.
The car saves space by folding up in a similar way to a child’s pram. When unfolded, the car is still only 2.5 metres long. Hiriko is powered by electricity and has a range of 120km. The car will be launched in European cities in 2013.
This is a well-executed example of how transport will evolve in future cities. For more on future mobility, read our Urban Future Mobility micromarket.