DAHON

MUNICH, Germany - Following this year's soft launch at the world's largest consumer electronics and household appliances trade fair IFA 2023 in Berlin in September, Reebok E-Mobility celebrated its official launch with a large booth at Ispo Munich 2023. Amongst the company's products is a range of 'Assembled in Europe' e-bikes.

TAIPEI, Taiwan - Taiwan's top three bicycle and e-bike producers Giant Manufacturing Company Limited (Giant Group), Merida Industry Co., Ltd. and Ideal Bike Corporation have presented their Q3 financial results. All three are mainly affected by the sales and profit slumps in the valuable western market.

SCHRAMBERG, Germany - German precision gear and component manufacturer hGears AG reports a consolidated revenue of €84.1 million from January until October, a year-on-year decline of 18.8%. This decline is attributable to market difficulties for the e-mobility as well as the e-tools division.

NOVI TRAVNIK, Bosnia-Herzegovina - Regensburg-based e-chopper and e-cruiser supplier Ruff Cycles GmbH has not only made its name as a supplier of cool lifestyle mobility products, but also with its own European frame production facility in Bosnia-Herzegovina. With the backing of new partner Pierer New Mobility, a ground-breaking ceremony has now taken place for a new production plant in Bosnia-Herzegovina, which is set to open in the first half of 2024.

KASSEL, Germany - After company founder Bernhard Rohloff passed away in May the shareholders of Rohloff AG have now appointed a new supervisory board. The new board of the internal gear shifting expert now consists of Katja Lubitz, Constantin Ziehe and Ernst Brust.

DRESDEN, Germany - German e-commerce outlet Bike24 Holding has reported a 16% drop in total sales to €61.1 million in Q3, despite full bike sales seeing a 26% upturn due to an 'expanded brand portfolio'. In addition, the margin improvement initiatives continue to show positive development during the third quarter of 2023.

SCHWEINFURT, Germany - The absence of the brand R Raymon at the Pierer New Mobility booth at Eurobike 2023 was already a clear indication. The Austrian bicycle company has changed its brand strategy and with that Susanne and Felix Puello will go their own way taking R Raymon with them.

DAUN, Germany - Despite naming its relatively young e-bike brand HoheAcht after the region in Germany where it is based, bike supplier Technibike GmbH has decided to abandon its production facility in Staßfurt, Germany and move to Eastern Europe - more precisely Bulgaria.

KOBLENZ, Germany - By opening an Innovation Lab at its Koblenz headquarters, German D2C bike supplier Canyon Bicycle GmbH says it is taking "the next step in product development."

TAIPEI, Taiwan - Companies in the Taiwanese supply chain are beginning to feel the fall out of the VanMoof bankruptcy in Europe. Electronic connectivity solutions maker Speed Tech Corp and manufacturer Ideal Bikes have both posted listings on the Taiwanese stock exchange referring to unpaid bills by VanMoof Asia Ltd, forcing the company into liquidation.