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Slipped into insolvency: Austria’s bicycle and e-bike contract manufacturer WSF Bicycle Technology GmbH. – Photo WSF Technology

Austrian bicycle manufacturer WSF Technology insolvent

REGAU, Austria - Contract manufacturer WSF Bicycle Technology GmbH applied for insolvency on 24 April. The challenging market situation in the...

The production of Bafang e-drives is subdivided into three categories: hub motors, mid-motors and integrated wheel motors. – Photo Bafang

Bafang financial performance tempered by drastically declining exports

SUZHOU, China - For e-drive manufacturer Bafang Electric (Suzhou) Co., Ltd, 2023 was a very challenging year. According to the company's financial...

“Our mission is to be the most desirable bicycle brand in the world,” commented Nicola Rosin, CEO of Colnago. – Photo Colnago

Colnago reports sales hike and drop in inventory

CAMBIAGO, Italy - 2023 has been a very good year for Colnago Ernesto & C. S.r.l. looking at the publication of their 2023 financial report. The...

Pon added a new facility to its production portfolio. – Photo YIT

Pon.Bike setting up production as construction in Lithuania completes

VILNIUS, Lithuania - Construction company YIT Lithuania has handed over the keys of the newly built Pon.Bike bicycle factory in the Kedainiai Free...

Lisa Picard, Oxygen Investment Management, reminded the BLC attendees of the impact of higher rates to fund their more expensive capital. – Photo Scott Montgomery

US industry discuss challenges at Bicycle Leadership Conference

TUSCON, USA - Approximately 260 industry executives attended the Bicycle Leadership Conference (BLC) this year which given the tough past year...

Asiabike will see a focus on bicycles from the health and lifestyle segment, innovations in e-mobility and e-evolution. – Photo Asiabike

Eurobike premieres Asian expansion with Asiabike Jakarta next week

JAKARTA, Indonesia - More than 90 leading exhibitors from two-wheeler companies are gearing up for the premiere of Asiabike Jakarta at the Jakarta...

Due to drastic market changes since early 2022, Kona, could not live up to the high expectations for Kent Outdoors. – Photo Kona Bicycles UK

Kona for sale as owner prefers not to wait for market recovery

PARK CITY, USA - Only two and a half year after the three founders sold Kona Bicycles to Kent Outdoors, the new owner has put the iconic Canadian...

According to the European Public Prosecutor, the two companies imported e-bikes into Belgium in separate parts, allegedly to avoid the payment of anti-dumping duties due on the importation of fully assembled e-bikes. – Photo EPPO

Three convicted for evading €3.1 million in duties on imported...

LUXEMBOURG, Luxembourg - One individual and two companies have been found guilty of evading customs duties on the importation of e-bikes from China....

Shimano reports that supply and demand adjustments continued, and market inventories remained high globally. – Photo Shimano

Shimano reports weak sales while outlook remains slow

OSAKA, Japan - Bicycle component manufacturer Shimano reports that demand for bicycles continued to be weak at the start of the year. In the first...

With the DNGate clutch system the wheelset maintains inertia and rotation after the motor power is cut off. - Photo Bike Europe

DTboost saving power with frictionless hub motor

TAIPEI, Taiwan - Robotics specialist Da Shiang Automation (DSA) premiered a frictionless hub motor at this year's Taipei Cycle show. Entering the...