Around a hundred frames later, Calfee had finally built a bamboo bike frame he could believe in. His verdict: The vibration absorption of the bamboo frame was better than that provided by a carbon fiber frame. "The bamboo bikes are a much smoother ride," he says. He also found that the bike had impressive impact resistance and was tougher than carbon fiber and less prone to fracturing. These results were confirmed after the bamboo frames were tested at the EFBe bicycle testing laboratory in Germany. But such hardiness has a price -- a mountain bike frame made out of bamboo will set the average rider back around $2,700 (€1,879).
There's also work being done on bamboo bikes in Africa.
Unfortunately, there wasn't discussion of how far mass production can be taken with bamboo frames.
Link thanks to Arts and Letters Daily.