Jo Beckendorff

SCHRAMBERG, Germany - In the first half of 2023, precision gear and component manufacturer hGears AG posted total sales of €57.16 million, a year-on-year decline of 19.4%. This is the result of flat sales in its e-mobility and e-tools business units.

FRANKFURT, Germany - The topic of sustainability at comparatively young e-bike brand E-Bike Advanced Technologies GmbH (Advanced) is not marketing claptrap but, according to Head of Communications and Customer Service Leo Schlüter, "the core DNA of the company". This was also evident at this year's Advanced booth at Eurobike 2023.

TAICHUNG, Taiwan - In the first half of 2023 Taiwan's leading bicycle producer Giant Group generated a total consolidated revenue of TW$ 42.58 billion (€ 1.22 billion), a year-on-year decrease of 5.4%.

SHANGHAI, China - On 16 June 2022 Giant Manufacturing Co., Ltd. filed an application for listing and trading of its China subsidiary D.Mag (Kunshan) New Material Technology Co. Ltd. on the Shanghai Stock Exchange (SSE). The Shanghai Stock Exchange Listing Review Committee rejected the application on 6 July.

FRANKFURT, Germany - Once again, high-precision transmission parts and components producer hGears AG, with its comparatively young e-mobility business unit, had its own booth at this year's Eurobike.

FRANKFURT, Germany - After winning over industry insider Alex Thusbass as CEO in May 2023, the young Germany-based e-bike maker Hepha Bikes celebrated its exhibition premiere at this year's Eurobike.

BERLIN, Germany - Describing its business model as a "full-service mobility solution for delivery services and couriers," Berlin-based startup Cycle Mobility Holding GmbH has successfully finalised a Series A financial round. The total €10.3 million cash injection is planned to drive the company's e-bike B2B2C- as well as B2B- business fleet and subscription business.

FRANKFURT, Germany - One of the world's major motorcycle accessories suppliers SW-Mototech debuted its own cargobike during this year's Eurobike. The Via 1 will be fully assembled in Rauschenberg, Germany and should be available from spring 2024.

KASHIWARA CITY, Japan - The cooperation with former Flyer maker Biketec in Switzerland gave e-bike drivetrain pioneer Panasonic Cycle Technology Co., Ltd. (PCT) an early presence on the European market. Bike Europe got a unique insight into the PCT headoffice and factory near Osaka. Why were the Japanese not so successful in Europe with their extremely reliable drivetrain during the e-bike boom?

KUFSTEIN, Austria - E-mobility service provider Greenstorm has filed for insolvency. With investor talks failing and the sales concept not covering costs, there will be no reorganization of the company due to a non-functioning business model. "A closure of the company will take place soon after the opening of insolvency proceedings," the insolvency consultant has declared.