New York (CNN Business) Michelin and General Motors have teamed up to literally reinvent the wheel.

The two companies have rolled out a new airless wheel prototype to replace traditional tires that are filled with air and prone to puncturing.

It's called the Uptis Prototype, which stands for "Unique Puncture-proof Tire System." GM and Michelin unveiled the new tire at an event Tuesday in Montreal.

The prototype looks like an old-fashioned tire, but has treads in the middle and no sidewalls.

The Michelin Uptis Prototype is tested on a Chevrolet Bolt.

GM GM claims the tire is both better for drivers and the environment.