Fujitsu Limited and Teijin Limited have launched a joint project running from January to March 2023 to enhance the environmental value of recycled resources in the production of bicycle frames together with V Frames GmbH, a German manufacturer and distributor of carbon fiber reinforced plastic bicycle frames, and E Bike Advanced Technologies GmbH, a German manufacturer of bicycles.Within this joint project, Teijin and Fujitsu will conduct trials together with V Frames and Advanced Bikes to visualize the results of V Frames’ efforts to reduce GHG emissions in its production process, with the aim to foster a shared awareness towards the environmental value of recycled materials within the environmentally-conscious bicycle industry and industries handling carbon fibers.As part the trials, Teijin and Fujitsu will leverage a blockchain-based commercial platform launched in July 2022 to promote the sustainable use of recycled materials, tracing and management of greenhouse gas (GHG) emissions within the environmentally-conscious bicycle industry.Following the successful conclusion of the joint trials, Teijin and Fujitsu will promote the implementation of the new platform, with the aim of commercialization in fiscal 2023.To identify growth opportunities in Bicycle Market: Trends, Forecast and Competitive Analysis, please visit https://www.lucintel.com/bicycle-market-report.aspx
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