An Israeli inventor has developed a way to shape, form and cut cardboard that is then treated with a “secret” covering that is made of organic materials and gives the cardboard a waterproof and fireproof finish. Some lacquer paint is added for appearance.

He thinks retailers could charge about $20 for the bike.

How does a cheap bike change the world? By providing transportation to the world’s most traffic-congested cities and by helping people get around in remote parts of the Third World.

Izhar cardboard bike project from Giora Kariv on Vimeo.