City Transformer is an Israeli electric vehicle company[1][2] founded in 2014 by Dr. Asaf Formoza and Udi Meridor.

In 2013 Dr. Formoza, Gidi Goldwine, and Erez Abramov developed a foldable car chassis design.

[11] In late 2017, the car concept was revealed at the Smart mobility Summit in Tel Aviv.

[21][22] The company raised $20 million since inception, from private and corporate investors, including: Afifi Group, Lubinski Group, Matam Motors, Eitan Ben-Eliyahu, Barak Rosen and Eyal Chomsky.

[1] CT-2 model will have features such as a range of 180 km, a sunroof, smartphone connectivity, electric windows, AC, and heating.