Jan-Willem van Schaik

TALLINN, Estonia - The demand for anti-theft solutions and services in micromobility is increasing. More than 60% of e-bike riders will opt for an e-bike with smart features for their next purchase. This was one of the outcomes of a survey by the Spiegel Institute and commissioned by Comodule.

ZEIST, the Netherlands - In the first half of this year, bicycle sales took place at a normal gross margin on average in the Netherlands. At the same time Dutch retailers are struggling with sky high inventory levels. This was reported by H&L Accountants from its hundreds of IBD customers in the Netherlands.

MARCLOPT, France - Mach1 has taken-over Red-Motion, the innovative French company behind the Baramind shock-absorbing handlebars. "This acquisition is in line with our strategy to diversify our product portfolio and strengthen our position as the supplier of choice for OEMs," writes Mach1 in a statement.

HUTTWIL, Switzerland - The current difficult market situation in the entire bicycle industry, including a post-pandemic market correction, is also affecting the ZEG owned Swiss e-bike manufacturer Flyer AG. To secure the future of the company and maintain production at its Swiss location, an extensive restructuring program has been drawn up.

SEVILLA, Spain - The European Cycling Declaration announced by European Commissioner for Transport Adina Vălean was welcomed by the European industry and users organizations. The EU wants to take more decisive action on urban mobility and cycling is meant to contribute to the EU's increasingly ambitious climate and environmental objectives.

BERLIN, Germany - Online vendor Signa Sports United is taking instant action to face continuing macroeconomic headwinds, oversupply in the market and severe liquidity and profitability challenges. The company announced a series of restructuring measures including the termination or winding down of non-performing assets, the rightsizing of under-performing business units as well as the evaluation of disposals of non-core assets.

TAMPERE, Finland - Manufacturer of the Revonte One e-bike drive system with integrated, automatic stepless transmission filed for bankruptcy at the end of September. After successfully starting the production of the system and making the first customer deliveries, the company was not able to secure further funding in a very difficult market situation.

TAICHUNG, Taiwan - The expanding e-bike market in the transition to sustainable mobility gave Taiwan a key role in the ever-changing landscape of transportation. "Taiwan is dedicated to reduce its carbon footprint while sustainability has become an essential aspect of responsible business practices," stated TAITRA CEO Simon Wang at the Taipei Cycle 2024 press conference last week.

CHICAGO, USA - The long expected official statement by SRAM on the introduction of an e-bike dive system came in today. Remarkably and without giving any explanation, SRAM writes that the drive unit is powered by Brose.

TURIN, Italy - This year's closing event of the surface finishing partners in the industry, the sppot, will take place at the Eurotherm facility in Turin. Here the partners will present a live event dedicated to technical expertise and innovations in the bicycle and sporting goods industry.