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To answer your question: It is possible and a similar implementation was made in the past.
I’m reffering to SAPUI5 custom controls which implemented a subset of d3.js on which chart.js is based. Since this implementation is two years old, it probably won’t work with the most recent UI5 version (1.34.6), but there is definitly some value for your implementation in reading the code and the SCN article for it.
I won’t share an implementation example here since it would require a complete implementation of a custom element like Qualiture mentioned.
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Source:stackexchange.com