This is an unpainted stainless steel, no clams (quite an original folding system!), fast-folding bike, available in 3 or 8 gears. Designed, manufactured, and currently on sale only in Barcelona.

Check this video: http://www.youtube.com/watch?v=w0CWk2rTO1I

Also, here's an article on the bike (in Spanish): http://www.terra.org/articulos/art02049.html

I like it's simplicity and 'engineered' look - especially the folding mechanism. [Though I wouldn't want to get a pinky stuck in that toothed folding mechanism though - ouch!]
Here's the article again (http://209.85.135.104/translate_c?hl=en&langpair=es%7Cen&u=http://www.terra.org/articulos/art02049.html) run through Google Translate for those who don't do Spanish.

this looks a cool bike. Does anyone think the folding mechanism will stand the test of time and give rear frame rigidity? Also looks like a 3 speed hub on the rear wheel? If so, more than enough for urban commutes.

I emailed the designer and got this answer. Might be of interest:

Hello Francis, yes is allready in shops in Barcelona, it cost 700 euros, with
3 gear hub Sturmey, and 850 euros Shimano nexus 8 gear, not yet in UK,
Thanks for the contact, Josep Mora designer, www.josepmora.com (http://www.josepmora.com/)


>Dear Josep,
>I saw a video of your folding bike on Youtube and also www.terra.org (http://www.terra.org/). I'm
>wondering can it be bought in Spain yet or in the UK? It looks a very nice
>design. I was also wondering does it use a 3 gear hub in the rear wheel?
>Your bike has attracted attention on the leading English speaking forum for folding bikes.

That's really cool. I, too, wonder if that folding mechanism will stand the test of time. Too bad it's out of my price range though. 700 Euros is around $1100, and if I'm spending that kind of money I'm getting something on my already extensive list of wants. LOL

--sam