BMW

this is from roughly 2000
BMW Bikes 2001 18.webp

It's foldable by a quick release at the top of the seat tubes and and having a pivot point close to the BB.
The pic here shows the full suspension of same generation, but the fold mechanism is same at the hard tail.
BMW Bikes 2001 Faltmechanismus.webp

Obviously key use case, to get it into the boot space of an BMW.
BMW Bikes 2001 24.webp
 
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