Heh 1700 euros
If anyone wants actual sturdy and proven bicycle that looks similar to this one and actually folds to a into compact piece - check Strida bicycles, originally made by british designer then sold to Taiwan I think, but they are around 500 euros I believe, i have two for over 10 years, had no issues. Great brakes, trouble free belt drive, handling need to get used to but its a great city bike otherwise, even tho I used it in the forest as well with no issues.
They are a bit hard to find nowadays but if nothing else there are clones on aliexpress for like 200 euros, which probably work similarly good, that bike in the article is a bit of a joke