Helmut Brunner invented the 400kg three-passenger vehicle as part of his diploma thesis at the Frank Stronach Institute at Graz's University of Technology.
"The aim was to develop a car which requires as little space to park as a motorcycle. This has been achieved by reducing the wheelbase to about half," said Mario Hirz, who is supervising the project.
The two-door car to be made from aluminium and plastic is intended for short distance city trips, able to fit into small parking spaces and transport medium-sized shopping purchases.
"When the vehicle is set up to drive, it is a little over three metres in length. When it's folded, it is about two metres long. It would theoretically be possible to park in a space of two metres," Hirz said.
Hirz said security measures will be built in, and the car will also contain air bags. The electric motor will be emission-free, the report said.
Hirz anticipates that the market price of the vehicle would be around 6,000 to 7,000 Euros (Rupees 480,000-560,000).
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
