Jan-Willem van Schaik

AMSTERDAM, the Netherlands - In collaboration with a dedicated group of CEOs leading some of the largest multinationals in the cycling industry, Shift Cycling Culture has initiated the Climate Commitment. This is an urgent appeal to acknowledge the industry's responsibility in reaching the UN Paris Agreement target.

SEATTLE, US - The North American cycling market is supercharged with a $154 million (€132 million) investment for the e-bike company Rad Power Bikes. This is the second investment round within 10 months, Rad Power already raised $150 million (€128 million) last February.

MACHNACZ, Poland - The construction of the production facility of the Portuguese assembler RTE in Poland is nearing its completion. Based west of Warsaw, the factory is designed for an annual capacity of 500,000 units.

WALNOT (CA), USA - In the run up to the United Nation global climate conference COP26 in Glasgow which starts next Sunday, The Silicon Review named Yadea CEO JiaZhong Wang among the 30 most inspiring leaders this year. The company is said to power the 'Era of Green' with its revolutionary products, including e-bikes.

OSAKA, Japan - In its financial statement on the first nine months of 2021, the Shimano Group again reports a brisk sales increase of its bicycle component segment of 56%. From the same period in the previous year, bicycle component turnover jumped to JPY395,187 million (€3 billion), and operating income was up 103.4% to JPY113,719 million (€864 million).

WOUDENBERG, The Netherlands - Cannondale is currently at the forefront of the news, following the recent announcement of Pon Holdings' planned acquisition of Dorel Sports before the end of Q1 in 2022. Cannondale is adding to the excitement by announcing the opening of a new assembly sites in the Netherlands and the US.

OSLO, Norway - Kindernay is broadening its product range with the introduction of the 7-speed version of it e-bike compatible internal gear system for high torque applications. The new Kindernay VII is based on the same patented technologies as the original 14 speed Kindernay XIV.

ALMERE, the Netherlands - Known for his sense for trading and lust for life, former owner of Dutch agency Buzaglo Ger Leeseman has passed away.

EINDHOVEN, the Netherlands - If buying an e-bike, one in four Europeans would choose a city e-bike. That is one of the conclusions noted in Shimano's third version of its large consumer survey. The study looked at the place e-bikes have in our societies and how Covid-19 and the events of 2020/2021 have inf

SHENZEN, China - Tritek will soon establish technical service centers in Spain, Germany and United States. In addition, the company also made preliminary plans to establish overseas manufacturing centers for e-bikes and light electric vehicle batteries.