Jan-Willem van Schaik

MONTRÉAL, Canada - Dorel Industries Inc. announced that its Dorel Sports (bike) division saw first quarter revenue drop by 10.7 percent to USD184.5 million (164.3m euro). Its Dorel Sports' Cycling Sports Group (CSG) businesses had a very good quarter in all of its markets.

TAICHUNG, Taiwan - Taiwan's largest bicycle makers are reporting rising e-bike sales in the first quarter of this year. Giant Manufacturing Co. and Merida Industry Co. both saw increasing orders for high-end bicycles and electric bikes.

WUXI, China - Inefficient charging and a limited battery life has been the main problems which have restricted the development of e-bikes as well as other e-vehicles.

MANRESA, Spain - E-commerce company Deporvillage closed the financial year 2018 with a profitable result. The company reports a 28 percent increase in turnover from 35 million in 2017 to 45 million last year.

MEQUON, USA - Hayes Performance Systems' product development team designed a set of kids components. "Our inspiration was fueled when we saw so many kids struggling with the lack of performance-level components," the US based component manufacturer states in a press release.

NANJING, China - Nanjing Lishui Electronics Research Institute Co., Ltd. is one of the leading suppliers of e-bike controllers. The company sells more than 1,000 different kinds of customized electronic products to its international customer base.

FRANKFURT, Germany - Over 1,600 participants gathered last week for the 16th international Battery Experts Forum in Frankfurt, Germany. The event evolved into the leading get together of the battery industry and for the exchange of technological developments.

TAIPEI, Taiwan - Displaying fully automatic frame production in combination with a hundred percent recyclable material made Hsin Yung Chien Co., Ltd. (HYC) one of the remarkable exhibitors at this year's Taipei Cycle Show. The frames are mainly made of recyclable plastics.

The launch of Trek and Bontrager helmets featuring the licensed WaveCel technology is creating lots of discussions among helmet brands. According to Trek, "The WaveCel technology is up to 48 times more effective at preventing concussions than a regular EPS helmet." This claim not only provokes discussions,

ŠIAULIAI, Lithuania - Based in Lithuania's fourth largest city, Baltik Vairas celebrated its 70th anniversary end of 2018 with good financial results. "Fiscal year 2018 was a very good year for us," said Baltik Vairas CEO Žilvinas Dubosas.