I don’t think the folding car is the wave of the future unless the Chinese government insists (by fiat) that it will be. But the Hiriko Fold is upon us regardless. From the Daily Mail:

“City dwellers know the most difficult part of urban driving isn’t the mental minicab drivers or suicidal cyclists, but finding a space to park the car once you have safely arrived at your destination.

But now a solution is at hand in the form of a revolutionary new car that can actually fold up to fit itself into the tiniest of gaps.

Researchers from MIT’s Changing Places group, working in collaboration with the Spanish Basque region’s development agency DENOKINN have developed the Hiriko Fold, a convenient, eco-friendly car for city commuting.”