RE: MIT's radical proposal for an ultra-compact, foldable electric vehicle
Although it seems that we actually buy the most expensive car we can afford in this country, if we instead motivated by price, we'd still have to buy the car that meets our most extreme needs. Am I ever going to have to take the car out of town? If so, I need that 300 mile range.
When calculating cost of transportation, those pushing for use of public transportation often ignore the fact that whether we use public transportation or not, we still have to own a personal car. For this concept to work, it would have to be significantly more convenient than other options, and I can see how in might be. If I worked downtown (instead of driving right past downtown like I do today) I might actually consider something like this, but even then I suspect it would be an added expense, depending on whether or not I had to pay for parking my personal vehicle.