Michael Bay's dreams have come true. Engineers at the Korea Advanced Institute of Science and Technology in South Korea released a video Tuesday that shows a small, pod-shaped car that can fold itself in half, Transformers-style. The fully electric prototype, called the "Armadillo-T," measures 110 inches in length, but can fold up its rear portion to shrink to just 65 inches.

As shown, the folding mechanism can be triggered remotely, via smartphone. The real-life application of this would be a driver pulling his Armadillo-T up to a tight parking spot, getting out, and folding it in half before steering the car into the spot with his phone.

As if that wasn't high-tech enough, the two-seater's battery pack completely charges in just 10 minutes, and a full charge lasts about 62 miles. And while its top speed is only 37 miles per hour, the adrenaline rush you'll get from always fitting into that spot on the street will be enough to compensate.