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Japanese company Asratec, a division of Softbank telecommunications corporation, together with several start-ups, presented a prototype of a robot capable of transforming into a sports vehicle very quickly, the website of the J-deite RIDE project said.

The robot is capable of walking at a speed of 100 meters per hour or drive on its four wheels. The humanoid bot can carry two passengers and turn into a "sports car" in under a minute.

It's the culmination of a project that began fifteen years ago and has gone through several smaller permutations.

The J-deite Ride, however, claims to be the first ridable real-world transforming humanoid robot. This technology can be used in the entertainment industry such as amusement parks and even in street parades. "So I grew up believing that robots had to be capable of such things, which became my motivation to develop this robot", Mr Ishida said.

Kenji Ishida, the CEO of Brave Robotics, told ABC that he initiated the project based on beloved anime heroes of his childhood. But if that person would rather sit back and relax, another user can operate the robot using a remote-control connected to a wireless network, according to a statement from Brave Robotics. The project took employees three years, resulted in a 4-metre vehicle, able for minutes to turn into a robot with a height of 3.7 metres. The prototype is also planned to appear at IAAPA Attractions Expo, which will be held at Orange County Convention Center in Orlando, Florida from November 12-16.