(I genuinely giggled when I realised that the pedal reflectors were compliant.)
Putting aside the cost for a moment, which is simply the result of tiny production volumes...
Like a Smart car it's not an entirely impractical vehicle, though there are a few interesting design decisions, and it's clearly optimised for short urban journeys in all weather. They've managed to avoid falling into the Sinclair trap of completely ignoring everything that's going on in the HPV world and re-inventing the wheel, badly. The way I see it, if a Flevobike Orca were a hybrid, this would be a Dutch city bike.
I could see businesses using them to get around campuses, or tourists hiring them to ride around in, or whatever.
But the sticking point is the price. The manufacturer reckons they'll probably sell ten or so, which seems like a reasonable estimate. But for that money you could buy a posh German e-bike, a cargo trike and a Brompton and still have enough change left over for a pre-crashed velomobile, so I don't think they'll appeal to cycling enthusiasts. Perhaps there are enough rich people who aren't legally allowed to drive a car but aren't afraid of being unfashionable?
Here's John's take on it, which is - as usual - a bit more intelligent than the GCN coverage:
https://www.youtube.com/watch?v=bFO5d2hw7Yghttps://www.youtube.com/watch?v=3zRvbs6wHaA