For some reason, this scooter reminds me of The Jetsons. Remember how they used to press a button and make their flying car turn into a briefcase?

The Moveo electric scooter was created by a Hungarian non-profit organization that is still looking for resources to mass-produce the vehicle. Ergo, we don’t know the price yet. We’ve heard rumors that it could be as low as $3,100, which sounds really good.

The specs are also pretty impressive. The weight reaches 55 lbs (25 kg), it achieves a maximum speed of 28 mph, it charges in 1 hour and a full charge will last you for 22 miles. Enough to run your errands around town. You can fold it in about 2 minutes and drag it by a handle, just like a suitcase.

It comes in two colors – gold and black and the design is clean, not rough at all, and quite futuristic, we may add.

At this price point, we really hope creative group receive the funds they need, as the Moveo foldable scooter will most probably be a hit on the market.