Toyota revelead the Urban Utility or U2 concept vehicle that intends to address the lifestyle of enterpreneurs and urban drives.

The U2 concept has the “size of a compact car with the functionality of a compact truck and the spaciousness of a cargo van.” It was developed by Toyota's Calty Design Research in Newport Beach, California and features a new open architecture that aims to redefine urban utility. Toyota says the U2 concept is set to make its first public appearance at the World Maker Faire in New York on September 20 and 21.

The rear of the Toyota U2 concept

"Toyota saw an opportunity for a new approach to an urban vehicle based on increasing re-urbanization and urban drivers' desire for flexibility, fun and maneuverability," said Kevin Hunter president of Calty, Toyota's North American design studio.

The Toyota U2 concept with rolled back roof and ramp

With the said factors in mind, the U2 concept is designed with the ability to roll back its roof and to fold down the tailgate transforming it into a ramp. Toyota says the U2 concept also has a durable underbody to be able to absorb urban potholes. The box-like design at the rear suggests that the U2 concept is built to have good storage capabilites.

The futuristic interior of the Toyota U2 concept

The interior of the U2 concept features futuristic design as seen on the vehicle's dashboard, arm rest, gear selector, seats, steering wheel and air-con vents.

The steering wheel of the Toyota U2 concept

It also comes with an iPad which serves as the vehicle's infotainment system. The front passenger seat of the U2 concept can be removed and designers include a utility rail system that can “hold everything from basket to bike stands.”

However, Toyota has not yet released the powertrain details of the U2 concept. But will likely be powered either by a hybrid engine or pure electric motor.