The MIT Media Lab has been working on a folding, stackable electric vehicle for quite a few years now, but it seems those have at least been fairly productive years, as the so-called CityCar has now finally progressed to something resembling a finished prototype. The only problem for those eager to hop into one is that it's a half-sized prototype, which makes accommodating a driver just a tad difficult. It does do a fairly good job of folding itself up though, and MIT expects a full-size version to go into production in 2013.
Engadget, MIT's folding CityCar takes a spin on video, still no room for humans
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