VW’s Folding Bik.e

We’ve seen plenty of cool folding bike concepts roll our way that never make it off of the drawing board, but Volkswagen has one that’s ready for the road. They’ve created a lot of buzz with their new electric bike that folds down to the size of a spare tire. The VW’s Folding Bik.e runs for about 12.5 miles a charge, drawing power from the car’s DC current or a regular household AC outlet.