This Swedish startup wants to be the Ikea of EVs with tiny, flat-pack cars that cost $11,000

The Luvly O is the startup's first electric car. It launches later in 2023.

Luvly

• Swedish startup Luvly is working on tiny electric cars for urban environments. 
• The Luvly O, its first car, will cost around $10,700 and offer 60 miles of range. 
• Luvly plans to flat-pack car parts and ship them to "microfactories" near where customers live. 

If Ikea made an electric vehicle, it might look a little something like the Luvly O. 

The Swedish startup is...