German luxury bicycle maker PG and French automaker Bugatti have teamed up to create a new super-light city bike.

Recently on display at the recent 2017 Geneva Motor Show, the Bugatti x PG bike is crafted almost entirely out of carbon fiber, thanks to Italian firm Merelli, a company with 30 years’ experience working with carbon. The frame, rims, fork, handlebars, seat, crank, and brake are all made out of the ultra-light, super-strong material.

With a weight of just 11 pounds, the Bugatti x PG bicycle is perfect for use in a major city. When hefting it up stairs or into one’s office building, it will weigh about as much as a couple bags of groceries.

Bugatti and PG will make only 667 examples of their bike, and Bugatti owners will have the ability to customize the model to match their Bugatti supercar.

“We had the vision of building the ultimate bicycle to go with the ultimate car; ultimate in design, workmanship and performance,” PG CEO Manuel Ostner explained about the project.

Another cool detail about the bike is this: the design is actually based on an original bike design completed by founder Ettore Bugatti himself.

The Bugatti x PG bicycle won’t come cheap, with each version of the limited-edition model slated to retail for $39,000. Still, that’s quite a bit less than the $2.7 million price tag of the Bugatti Chiron.