Wikipedia
The Hiriko is a folding two-seat urban electric car that was under development by the Hiriko Driving Mobility consortium in the Basque Country. The electric car was to be the commercial implementation of the CityCar project developed by the Massachusetts Institute of Technology Media Lab since 2003. The name Hiriko comes from the Basque word for "urban" or "from the city".
Three versions were to be developed: the Fold microcar; the Alai, a convertible; and the Laga, a small truck. The Hiriko was to be designed specifically for short-distance urban carsharing programs and municipal fleets. A manufacturing trial aiming for 20 pre-production cars began in Vitoria-Gasteiz, Spain, in July 2012. A pilot program was scheduled to take place in Germany in 2013 to integrate the Hiriko Fold into Deutsche Bahn's railway service to allow their customers the possibility of using a vehicle parked at the station with which to complete the last mile of the journey to their final destinations.
Production was planned for the second quarter of 2013 with retail deliveries initially scheduled to begin in 2014, at a price starting at plus battery leasing fees. In May 2013 the Hiriko consortium announced the project was having difficulties to continue with the commercial development phase due to lack of financing. Sixteen months after the January 2012 debut of the Hiriko the firm collapsed before the start of any production. Only one test vehicle and two semi finished ones were ever produced. In 2015 public prosecutors in Spain accused six businessmen involved in the project of fraud.