DAILY INNOVATION BRIEF by Maryanne Kane, Journalist
D A ILY INNOVATION BRIEF By Journalists Edward Kane & Marya nne Kane NO NEED TO PARK YOUR CAR, JUST FOLD IT! Source: City Transformer The world's 1st foldable car that can squeeze into tiny parking spots and drive very narrow roads will go on sale globally this summer for $17,400. Here are some key facts: Invented by Israel-based City Transformer Measures 4.5' wide and can shrink to 3.2' Called CT-2 Shrinks in size by pulling in the wheelbase not the cabin Seats 2 All-electric Range of 74 to 111 miles on a charge Top speed - 55 mph Available for pre-order; priced at $17,400 75% weight reduction and 2-times more energy efficient than a 4-door standard car Battery is 70% lighter than other EVs Company claims each CT-2 cuts 1200 ton of emissions per year Composed of sustainable materials and is a highly innovative design Company calls it a "cleaner, smarter urban lifestyle"