You have to see this thing in action, it beggars belief:
Thanks to reader Ivan Lipkov, we have learned that the bicycle was invented by Russian bicycle maker Evgeniy Pinigin.
Rain Noe is a writer and industrial designer based in New York City.
Yes, this is it. Bravo for finding this so quick!
Bistable hinge. He's using his body force to flip the hinge.
OMG. I know this guy. I used to repair my XC frame with him. His name is Evgeniy Pinigin. He is a very famous bike frames manufacturer localy in Saint Petersburg, Russia. He used to make his own frames for trial and XC bikes.
It looks like the bike has a linkage toggle system akin to this:
Need my road bike to transform to a recumbent on the flats.
It appears to use a couple of gas lifts. The key is to make the pivot point work with the chain. Similar bike here: https://www.youtube.com/watch?time_continue=20&v=B7Lqr_9u7jg
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