Parking a folding car?

The Massachusetts Institute of Technology has developed a concept car that is not only small and compact, but when parked, it folds to reduce space further.

The Hiriko City Car was designed by the MIT’s Changing Places research group to solve the growing congestion problems in cities. The City Car takes up approximately one-third of a normal parking space, meaning you can fit around three and a half City Cars in one conventional space.

The electric car can travel around 130km on one charge, and features electric wheels that are able to spin side to side, allowing the car to spin on the spot.

Below is a video from The Boston Channel, showing the Hiriko City Car in action. The first assembly plant is reported to begin production next year, with 9000 vehicles planned by 2015. Is this a look at the future of parking?

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