Electric Folding Bikes

Sometimes you wonder what designers, engineers or other professionals are thinking.  Have a close look at this electric folding bike.
Check saddle, folding mechanism, grab rail (?) under the seat, suspension coil, etc... Bike weighs 30 kg+.  Who invents or buys crap like this?  It just looks completely awful!











Now have a look at this:

Stylish, isn't it?  It's the Dahon Ikon electric.