A team of researchers at the MIT's media lab with backing from General Motor corp. are developing the prototype of a lightweight electric vehicle that can be cheaply mass-produced. The car can be rented by commuters under a shared-use business model and folded and stacked like grocery carts at subway stations or other parking sites.
Implications - These cars are called City Cars and will use power more efficiently than regular cars. A Media Lab research assistant Ryan Chin explains that the goal is to remove "as much hardware from the car as possible.â€ He claims that this new type of car will be like a "big mobile computer with wheels on it."
Foldable and Stackable City Car Concept
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