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BERLIN, Germany - Micro-mobility operator, Tier Mobility, has made its third acquisition in 2021. The Berlin-based company has announced that Italian e-step-scooter sharing supplier, Vento Mobility Srl, is the latest addition to its portfolio.

BORRALHA, Portugal - The next report in our series on Portugal's industry is frame manufacturer Triangle's Cycling Equipments S.A. Founded by three Portuguese component makers, Ciclo Fapril, Miranda Bike Parts and Rodi Rims & Wheels, the company developed quickly while relying on innovative high-tech welding robots.

WELS, Austria - Pierer Industrie AG, the industrial holding group who already owns Felt Bicycles, GasGas and Husqvarna e-bikes but also KTM Motorbikes, is increasing its activities in the bicycle and e-bike business step by step. Recently Pierer Industrie took over a group of IBD shops

SERZEDO, Portugal - 2022 will start with popping the champagne corks at RTE S.A. Europe's largest bicycle manufacturer will start production in Poland in January while later in the year the e-bike production facility in Portugal will be opened officially.

BEIJING, China - In the third quarter of fiscal year 2021, the China based electric two-wheeler producer Niu Technologies saw its revenue soar 37.1% to a total of RMB 1.23 billion (€170 million). The Nasdaq-listed company reports that its international operations were hampered due to Corona and related shipping issues.

BORRALHA, Portugal - As part of its reshoring ambitions, the Portuguese bicycle industry association ABIMOTA invited an industry delegation from Taiwan to Águeda already in 2015. The participants were detailly informed about all possibilities of a close-to-the-market production in the EU.

RAUBLING, Germany - For several years, German bicycle manufacturer Corratec has been looking for an additional production location in Europe. The family-owned company has finally found a suitable site on the outskirts of the Romanian university town of Timișoara. In February 2022 the first series of Co

COIMBRA, Portugal - In August of this year, US component maker SRAM Group inaugurated its dedicated production facility in Portugal for the French pedal brand Time, which it acquired last February. Sramport - Transmissões Mecânicas, Lda. as the Portuguese subsidiary is officially called, is rapidly adding up

ÁGUEDA, Portugal - Bike components supplier Miranda & Irmão, Lda. is one of the old guards of the country's bicycle industry in and around the Águeda region. The roll out of a major investment scheme to move towards mid- and high-end production is almost finished.

ÁGUEDA, Portugal - The timing couldn't be better: lead-times of more than 6 months for essential components while demand continues to escalate. The impact on the market is increasing and accelerating the trend of close-to-market production.
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