Swedish technology firm Luvly designed Luvly O as a run-around city vehicle which could be spotted on British roads by the end of the year.
Luvly O weighs a fifth of most electric vehicles and has a portable battery that can be charged in your living room or at your desk at work.
It will be the first of its kind, but unlike Ikea, the flat-packed design will be sent to factories worldwide instead of your front door.
Håkan Lutz, chief executive and founder of Luvly, told The Telegraph: 'If it were legally and technologically possible to assemble in your house, we would think that would be a good thing, but sadly on both of those counts, it is not.'
The compact car has only two seats and the small battery and electric motor setup that provides a maximum range of 62 miles and a top speed of 55mph.
While this sounds extremely limited, for the urban environment it is designed to be used, it likely would only need to be charged once a week.
It weighs just 400kg, which is lighter than the original 1959 Mini.
And the Swedish manufacturer claims it has 267 litres of 'trunk' space - that's more than the boot space in the current Mini hatchback (211 litre).
A 'flat-pack' car doesn't sound all that safe, but the Luvly O's composite safety shell is designed to absorb the energy from impacts to protect passengers if they are involved in a collision.
And the car will not need a petrol station or an electric hub - you can detach the battery from the vehicle and then carry it into your home or office to charge.
The 6kWh battery can be divided into two removable pieces that each can be charged using a domestic power outlet.
It means owners living in flats and terraced houses in major cities will not be reliant on the local public EV charging infrastructure, which has come under fire from electric car drivers and industry experts in recent years for growing too slowly and not being reliable and costing far more to access compared to domestic charging costs.
Batteries are swappable too, the brand says.
For £8,700, Brits could spot one or two of these new designs driving down the road by the end of the year.
Despite its size and lack of an engine, its creators claim it shares several similarities with Formula One cars, with energy absorbers around the chassis similar to those used on the racing cars to ensure maximum safety.
Mr Lutz said: 'I think these would suit the UK absolutely perfectly. The bigger the city, the more sense one of these cars makes.
'The plan is to get started as soon as possible, but you know development of new technology always takes a bit more time than you wish for, we are hopeful to have some cars on the roads this year.'
While you may see one or two driving along the street, the Swedish company explained that mass rollout would not be for another few years.
The LUVs are shipped flatpack for assembly in microfactories close to end-users.
This significantly reduces costs and environmental impact.
