A foldable vehicle which has a vehicle body divided into two sections of a front section and a rear section and has a size reduced by rotating the rear section of the divided vehicle body to be folded with respect to the front section thereof. The foldable vehicle includes a front vehicle body having a front wheel; a rear vehicle body having a rear wheel and having a lower front end rotatably connected to a lower rear end of the front vehicle body through a rotating shaft to rotate around the rotating shaft in a vertical direction, thereby being folded to overlap with the front vehicle body or unfolded; a folding drive unit for folding or unfolding the vehicle bodies by rotating the rear vehicle body with respect to the front vehicle body; and a control unit for controlling the operation of the folding drive unit.