Innovative Electric Foldable Car: City Transformer CT-1 Launching Soon
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Chapter 1: Introduction to City Transformer
City Transformer (CT-1) is a groundbreaking Israeli startup valued between $137 million and $183 million, as reported by The Times of Israel. This innovative electric vehicle is designed as a compact two-seater, ideal for urban environments, aiming to eliminate parking difficulties. It presents a sustainable and efficient mobility alternative for millions living in cities.
“A vehicle that alters its size based on necessity; this Israeli startup is striving to turn this vision into reality.”
To date, the company has successfully secured $10 million through various funding channels and grants from the Energy Ministry and the Israel Innovation Authority. In an exciting development, they plan to list on the Tel Aviv Stock Exchange in March, Israel's sole public stock exchange. The company aims to achieve European Certification for the CT-1 by year-end, with the vehicle expected to make its debut on Israeli roads in 2022 and commence mass production in 2023.
As they pursue compliance with European vehicle standards, they are targeting Quadricycle classification for the CT-1. This designation will facilitate quicker access to the European market, as stated by CEO Asaf Formoza.
Journey Ahead
The development of City Transformer is progressing, with vehicles poised to hit the streets soon. The CT-1 can conserve up to 75% of parking space, allowing users to drive it like a car yet park it like a motorcycle. It accommodates a driver and a passenger, with the option for two children to sit in the passenger seat.
Recognized in Time Magazine's 2020 list of the 100 best inventions, the CT-1 boasts several impressive features:
- Compact design for urban driving
- 360-degree car sensors
- Fully electric operation
- Cost-effective and time-saving
- User-friendly experience via a single app
Specifications:
- Cost: The starting price for the basic model is $13,000, inclusive of the battery and VAT (other local taxes may apply).
- Dimensions:
- Length: 2.48 meters
- Width: 1.48 meters (can be reduced to 1 meter for easier parking)
- Height: 153 cm
- Performance:
- Maximum speed: 90 km/h in driving mode and 45 km/h in narrow mode
- Range: 100–150 kilometers per full charge
- Charging Options:
- Home socket: 4-6 hours for a full charge
- Fast charging at designated stations: 10-15 minutes
- Total Weight: 450 kg (excluding battery)
- Motor: Fully electric with a power output of 15 kW
Final Thoughts
In the coming decade or two, electric vehicles will become commonplace on our roads, replacing traditional fossil fuels with electricity. The push for a greener planet has prompted numerous startups to innovate in this space, making electric cars a tangible reality for the future.
References: - Israel’s Incredible Shrinking Car Heads to the Tel Aviv Stock Exchange - City Transformer Website
Chapter 2: Featured Videos
Explore the innovative features and design of the City Transformer CT-1 through these insightful videos.
This first video showcases the City Transformer CT-1, highlighting its unique foldable design and electric capabilities as the world's first all-electric urban vehicle.
The second video delves into the story behind the City Transformer, detailing how this foldable electric car from Israel aims to redefine urban mobility.