The latest wrinkle in the search for a solution to the urban-traffic situation? A mini-electric car that actually folds up to be even smaller when parked. In fact, three and a half Hiriko (a portmanteau word meaning "from the city") Folds can fit into a standard parking space:
http://www.bbc.com/future/story/20120613-folding-cars-offer-city-solution
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