http://www.treehugger.com/cars/integrated-shopping-bag-in-award-winning-bicycle.html
More and bigger pics are here:
http://www.satincesena.net/?p=1673
also posted on facebook by Strida Europe 
it looks like they borrowed parts from the strida and made it into some bike heh.
the wheels the chainring, and half the tubes. not sure if I like the design but i gotta give these guys credit to push the envelope into uncharted territories.