How Tenways, Fuji-Ta and the Accell deal are testing Asia's next role in cycling.

The initial public offering (IPO) of Tianjin Fuji-Ta Bicycle Manufacturer Co., Ltd. known domestically as the "Foxconn of the bicycle industry" on 6 August on the Shanghai Stock Exchange (SSE) was quite impressive. The offering price of CNY 17.46 (€2.28) soared to a high of CNY 45.45 €5.94) on the day of the IPO, but then settled down again over the course of the week.

The Amsterdam District Court has revoked the suspensions of payments of the Dutch Accell companies and simultaneously declared these companies bankrupt, the two court-appointed trustees announced Tuesday afternoon. The multiple attempts to keep the once giant of the bicycle industry afloat have failed, marking a dark day for the industry with ripple effects that will be felt across Europe. The scramble to secure a future for major brand including Koga, Batavus, Lapierre and Haibike is now underway.

Quanta Capital, a Dublin-headquartered investment and asset management firm, has confirmed its interest in acquiring Accell Group. The Dutch manufacturer entered formal insolvency proceedings on 5 August 2026, following the collapse of a previous acquisition opportunity by Dutech holdings.

For Fundracer Partner René Wiertz, the next decade will not simply be about selling more bicycles; it will be about making two-wheel mobility dramatically safer, smarter and more connected. "Those companies enabling that transformation are likely to create the greatest long-term value," says Wiertz. Bike Europe asked him about the market outlook from the perspective of an investment fund manager.

Following Accell Group's Dutch suspension of payments, international subsidiaries are taking control of their own fate. Cycles Lapierre has filed for judicial reorganisation in France, while Accell UK & Ireland (Raleigh) has lodged a notice to appoint administrators.

There are still no larger signs of recovery at the publicly-traded Fox Factory Holding Corp. In its second sales quarter 2026, the US-based suspension expert posted net revenue of USD 358.12 million (€309.82 million). Compared to the same period last year, this represents a 4.5% decline. Sales remain weak in the company's bicycle component division.

Taiwan's largest bicycle manufacturer reports a 13% year-on-year increase in July revenue, continuing the rebound that started in Q2.

Next year, the cycling industry is seeing an overhaul of the trade show calendar. Multiple major shows are opting for different dates, while two newcomers wish to join the calendar. One such debutant is CycleExpo Amsterdam. With a clearly defined character and affordable costs, it aims to become the new OEM meeting point for the bike industry.

Shared bicycles have become an integral part of urban mobility. Across Europe and beyond, they are no longer simply an alternative mode of transport, but an essential part of multimodal mobility networks. As fleets expand, operators and manufacturers are increasingly focused on long-term operational performance, where reliability, serviceability and system integration determine overall fleet efficiency.

The announced acquisition of Accell Group by DuTech Holdings will not change anything regarding the collective damage claims filed against the Accell brand. This was stated by the claimant foundation, which is taking legal action on behalf of thousands of Babboe owners who have suffered damage due to unsafe cargo bikes.

"We planned 2026 as a transition year, with gradual recovery, tighter business cases and continued pressure on bill-of-materials costs," says Comodule CEO Teet Praks. After completing the first half of the year, and in the run-up to Taichung Bike Week, we asked the supplier of IoT devices for connected e-bikes, e-scooters, and other light electric vehicles how the market performed and what they expect for the months ahead?

The European bicycle industry has continued its transition towards a more balanced and demand-driven market. Following the exceptional surge in demand during the Covid boom, supply chain disruptions, and the subsequent market correction, the latest 2025 data clearly indicate that the industry is stabilising. "This is a sign that the inventory troubles that we have had coming out of COVID are now finally at the end," said industry body ECI CEO Paul Walsh at the presentation of the 2026 Bicycle Industry & Market Profile (BIMP).

Belgium's speed pedelec market continued its transformation in the first half of 2026, with strong growth in new registrations driven by leasing contracts and large fleet deliveries, while the rapidly expanding second-hand market is creating a broader customer base for speed pedelec sales in Europe's leading market.

The central analysis tool of ZIV's market data service has been officially launched, with participating German bicycle dealers now having access to the dealer dashboard. "This is an important step towards greater transparency in the German bicycle market and an important milestone for business planning for the entire industry," says Katharina Hinse, ZIV Head of Industrial and Economic Policy.

Just over 150,000 e-bike units are noted to have left Taiwan's shores in the first half of 2026. This is a 14% drop compared to the same period last year and marks the lowest volume of e-bikes leaving the country in the first six months of the year since 2017. The US market notes the biggest year-on-year losses. In total, Taiwan's first half-year e-bike export value has also dipped below NT$10 billion (€294 million) for the first time since 2017, marking a significant problem for an already challenged industry.

The e-bike plays a central role for the brand Velo de Ville. More than 80% of production in Altenberge, Germany, consists of e-bikes. Although general manager and owner Volker Thiemann is positive about the market, he is also concerned about recent technological developments that, in his view, threaten the survival of today's e-bike.

The Canyon booth at Eurobike was impossible to miss this year. In the middle of Hall 11, the German D2C brand put up one of the nicest booths at the show, claiming a centre stage position at the event. "We want to showcase our team effort since I assumed operational responsibilities as executive chairman in September 2025," said Canyon founder, Roman Arnold.

The Indian family-owned company Amar Wheels Pvt. Ltd. has been doing business with European companies for close to five decades. "We strive to stay relevant, which we love. The challenges are amazing and the last 10 years have been more challenging than the past 40 years. We are constantly evolving in order to stay relevant," Karan Aggarwal, director of Amar Wheel tells Bike Europe.

The aftermath of the COVID bubble, which hit the bicycle industry hard, also impacted Accell Group substantially. When Jonas Nilsson joined Accell Group as COO in July 2023, the company was perceived as being in a critical state. In January 2025, Nilsson took over as CEO and initiated the One Accell Strategy. In an exclusive interview with Bike Europe, he explains where the Accell Group is on the strategy timeline and what the market can expect from this once industry-leading company.