"This is a real game-changer. It changes ... the way products are manufactured and shipped, it causes factories to be built everywhere instead of moving production to cheaper labor markets, everything that we have known in the production world can change," he said.
Elmish said the cardboard bikes would be made on largely automated production lines and would be supplemented by a workforce comprising pensioners and the disabled.
He said that apart from the social benefits this would provide for all concerned, it would also garner government grants for the manufacturers.
Elmish said the business model they had created meant that rebates for using "green" materials would entirely cancel out production costs and this could allow for bicycles to be given away for free in poor countries.
Producers would reap financial rewards from advertisements such as from multinational companies who would pay for their logo to be part of the frame, he explained.
Elmish said initial production was set to begin in Israel in months on three bicycle models and a wheelchair and they will be available to purchase within a year.
The bicycles are not only very cheap to make, they are very light and do not need to be adjusted or repaired, the solid tires that are made of reconstituted rubber from old car tires will never get a puncture, Elmish said.
A full-size cardboard bicycle will weigh around 9 kg (about 20 lbs) compared to an average metal bicycle, which weight around 14 kg.
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