This is a concept car designed by Hideo Miwa from Toyota. It's named the i-swing and looks like a chair on wheels. Miwa believes cars are going to evolve into more of a wearable design.

It can travel on three or two wheels, and its body is made of polyurethane and covered in fabric to soften the impact if it bumps into people, Toyota says. The i-swing, a “concept car” with no plans for commercial sales, is an upgrade of earlier concept cars designed to help with what Toyota calls “personal mobility,” meant to blend in with pedestrians on the streets.via

*It reminds me of when the Segway was designed. It seems to be a basic means of transportation that is small and portable that runs off little fuel.