A folding urban mobility vehicle comprising: - a frame, - a pair of front wheel assemblies carried by respective front arms articulated to the frame about a first axis, and - a rear wheel assembly carried by a rear arm articulated to the frame about a second axis, wherein each of said front arms comprises a first arm section articulated to the frame and a second arm section carrying the respective front wheel assembly and articulated to the respective first arm section about a third axis inclined with respect to said first axis, wherein the front arms are movable between an extended configuration in which the second arm sections are arranged according to a general V-shaped configuration so that the track between said front wheel assemblies is greater than the width of said frame, and a retracted configuration in which the second arm sections of the front arms are close together in a configuration wherein the distance between the front wheel assemblies is less than said width of said frame and in which the front arms are rotated backwards about said first axis with respect to the configuration of use, wherein said rear arm is rotatable about said second axis between an extended position in which the rear arm extends from a rear part of the frame and a retracted position in which the rear arm is rotated forwards about said second axis with respect to the configuration of use, and wherein in a folded configuration of the vehicle the front wheel assemblies are located within the frame and the rear wheel assembly extends within the frame between the two front wheel assemblies, characterized in that it comprises a pair of first linear actuators having opposite ends articulated between the frame and respective second arm sections of said front arms, and arranged to control the movement of the front arms between said extended position and said retracted position, and a second linear actuator having opposite ends articulated between the frame and said rear arm, and arranged to control the movement of said rear arm between said extended position and said retracted position. - a frame, - a pair of front wheel assemblies carried by respective front arms articulated to the frame about a first axis, and - a rear wheel assembly carried by a rear arm articulated to the frame about a second axis, wherein each of said front arms comprises a first arm section articulated to the frame and a second arm section carrying the respective front wheel assembly and articulated to the respective first arm section about a third axis inclined with respect to said first axis, wherein the front arms are movable between an extended configuration in which the second arm sections are arranged according to a general V-shaped configuration so that the track between said front wheel assemblies is greater than the width of said frame, and a retracted configuration in which the second arm sections of the front arms are close together in a configuration wherein the distance between the front wheel assemblies is less than said width of said frame and in which the front arms are rotated backwards about said first axis with respect to the configuration of use, wherein said rear arm is rotatable about said second axis between an extended position in which the rear arm extends from a rear part of the frame and a retracted position in which the rear arm is rotated forwards about said second axis with respect to the configuration of use, and wherein each of said front arms comprises a first arm section articulated to the frame and a second arm section carrying the respective front wheel assembly and articulated to the respective first arm section about a third axis inclined with respect to said first axis, wherein the front arms are movable between an extended configuration in which the second arm sections are arranged according to a general V-shaped configuration so that the track between said front wheel assemblies is greater than the width of said frame, and a retracted configuration in which the second arm sections of the front arms are close together in a configuration wherein the distance between the front wheel assemblies is less than said width of said frame and in which the front arms are rotated backwards about said first axis with respect to the configuration of use, wherein said rear arm is rotatable about said second axis between an extended position in which the rear arm extends from a rear part of the frame and a retracted position in which the rear arm is rotated forwards about said second axis with respect to the configuration of use, and