Sweet Folding Concept Bike

Thomas Owen's prototype One Bike is sure pretty to look at, and I can easily understand how it all might collapse down, but my non-engineer brain can't quite puzzle out how the pedals are connected to the wheel. If this ever made it into production, I could see it becoming the ipod for urban bikers... easy to take on a bus or train, when you get to work, you just stuff it under your desk. When