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I am sure Michelin has thought of this, but there are a few issues with these tires:
1) Aesthetics. Who wants a tire that looks like that?
Designing a sidewall that works with this tire design should prove to ba a major challenge.
I would think you'd want to enclose the tire structure to keep out water, stones, road debris,
etc., otherwise you could encounter a wheel imbalance if stuff got in there..
2) Sidewall height. It seems that in order to make this design have reasonable ride quality,
the sidewall height needs to be fairly tall.
The current trend on cars is towards lower profile tires.
Are automotive stylists or consumers asking for a tire that looks like a 215/65-16?
Which leads us to:
3) brake caliper clearance. With car manufactureres putting larger brake packages on vehicles
that only seem to get heavier every year, can you put a decent size brake under those small-
diameter wheels? As you can see, even the smallish Audi brakes barely fit in that wheel...
I guess you don't have to worry about using Armor-All on the sidewalls...