From the Bicycled site:
Helping bring back balance to society
Bicycled is not only a new type of bike, it is also a return to the roots of biking. It’s a handmade bike created specially by bicycle shop owners. Those fantastic creatures that are about to become extinct.
Making uniqueness a product
Because every Bicycled is made out of real car parts, there won’t be two of a kind. That’s the key to a product designed to use as much car waste as it can.