Bit confused, so is James talking about a Montague or about the CarryMe he is pictured with? because the Montague isnt very bus friendly..
It seems that James is pictured using a CarryMe and the next paragraph after his mention is discussing folding bikes in general plus Montague bikes with a Montague Corp. representative, not James' choice in folders:
"....Folding bikes range in size, style and price. They are typically more expensive than traditional bikes, with the cheapest running $200 and the priciest more than $2,000.
"It is a niche market, but we've exploded worldwide in the past few years," said Devin Riley, marketing and product-development manager for folding-bike maker Montague Corp. in Cambridge, Mass. "As gas prices go up, bike sales go up and now people realize they can bring folding bikes on mass transit....."
I do want to add that in my own experience, folding bicycles might be more expensive upfront than it's regular bike counterpart, but they are so theft resistant in comparison that they pay for themselves within a year from their purchase. There is little chance that you have to replace it due to theft compared to it's regular bike counterpart.