With more people in urban areas, the company felt there was an increased need for easy and flexible transportation, Treehugger reported.
It comes in a flat box with assembly tools. Cost will run $399 for store members and $499 for everyone else
The name chosen for the bike is rather unusual. Sladda means skid, lurch or slip sideways, things you don't necessarily want to happen while riding a bike.
"When you jump on a bike, it is just freedom," stated Steve Howard, IKEA's chief sustainability officer. "You're powered by your own energy, by toast and breakfast cereal, and you can go wherever you want."