A video is worth more than 1,000 words so I will let this video explain everything.
Yes this bike is really made out of cardboard. The article states that this bike is made from approx $9 worth of materials.
Next step for the company is to get funding for manufacturing. I think a lot of investors would jump all over this… from a Dragon’s Den type show, Kickstarter – or a massive corporate sponsorship from a related company like UPS or sporting like Nike. The global implications for this bike are massive.