BEIJING—Dow Chemical Co. and Beijing Mobike Technology Co. Ltd. have agreed to develop a long term partnership to develop lighter weight and more eco-friendly bicycles.
Mobike claims to be the world's largest smart bike-sharing organization that operates a fleet of "proprietary smart bikes and smart locks as well as an innovative business model," said Hu Weiwei, founder and president of Mobike technology.
Mobike introduced its latest bike model at a celebration to mark its one year anniversary. The new bicycle uses Dow's polyurethane materials for insert tires. Dow says that compared with the traditional solid rubber tire, the insert helps reduce weight by 20 percent, while improving shock absorption and durability.
In addition to polyurethane materials, Dow said it will "further partner with Mobike on R&D programs, and provide the firm with more tailor-made innovative products and solutions in the future to reduce the weight of the frame and other parts."