The world's first flat-pack truck can be assembled like IKEA furniture in just 12 hours

The Ox is a prototype vehicle which consists of 60 pieces and can be shipped anywhere in the world.

It’s designed by Gordon Murray, who also developed Formula One cars. It has an ultra-light weight design and can tackle most types of terrain.

Produced by Claudia Romeo. Original reporting by Leanna Garfield

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.