Jan-Willem van Schaik

AMSTERDAM, the Netherlands - Pon Holdings continues to expand its position in the bicycle market with the take-over of scaleup Veloretti. This e-bike and bicycle brand was founded in 2012 and the company expects to generate a turn-over of € 42 million this year.

BERLIN, Germany - To recycle all elements of lithium-ion batteries in key markets across Europe, leading micro-mobility provider Tier has entered an agreement with recycling company Remondis.

ZEIST, the Netherlands - Are e-bikes sensitive to fires or not? Experts don't quite agree on that. But if they catch fire, they are often difficult to extinguish. The tiny fire extinguisher E-Bulb is the latest weapon in the battle against e-bike fires.

AMERSFOORT, the Netherlands - The largest bicycle dealer cooperative in the Netherlands, Dynamo Retail Group has reported strong sales figures this year. While bicycle sales dropped by double digits last year, Dynamo Retail Group saw a hike of 12.1% between January and July this year.

KARLSTEIN, Germany - BMZ Group has found a strategic partner in investment company SKion. Besides capital, SKion will bring expertise and networks in order to shape strategic issues and significantly increase corporate values to the rapidly expanding e-bike battery manufacturer.

SOFIA, Bulgaria - Smart e-bike manufacturer Econic One, receives a € 6 million investment to anchor its next phase of growth. The investment round is funded by Integral Venture Partners, Bulgarian Development Bank, and incumbent shareholders.

SUZHOU, China - The in-house test facilities of e-mobility components and e-drive system supplier Bafang gained their laboratory qualification certification according to the North American UL 2849 e-bike standard.

CHICAGO, USA - SRAMs current CFO, Mike Herr, has decided to retire after 28 years with the company. The company has named Heather Bridges their new CFO, who will take over later this year after a transitional period.

DENKENDORF, Germany - Bombardier Recreational Products (BRP) is the new majority shareholder of Pinion, alongside the Pinion founders, managing directors and shareholders. "We are expanding our addressable market and entering untapped categories such as urban mobility and services beyond our existing powersports and marine products," said José Boisjoli, President and CEO of BRP.

ZEIST, the Netherlands - The first half of 2022 saw a brisk increase in speed-pedelec sales in the Netherlands. From January to June the number of registered speed-pedelec increased to 2,129 units, or 11% more than the same period in 2021. After that followed a completely different period.