Jo Beckendorff

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.

ST. INGBERT, Germany - At the celebration party for the topping out ceremony, Kettler Alu-Rad Managing Director Egbert Hageböck announced that the company will move into this new facility next spring. Now that the construction of the offices, production hall and the high-bay

PLOCHINGEN, Germany - Decathlon-Germany has presented its 2022-2026 business plan with the slogan 'Redesigning the playing field'. In the next four years, the sporting goods giant aims to double sales to €2.5 billion.

TAICHUNG, Taiwan - The strong demand for bicycles and e-bikes worldwide bring fully booked production facilities for Taiwan's leading bicycle producer Giant Manufacturing Company Limited. For Giant e-bikes are the main sales driver.

BINH DUONG PROVINCE, Vietnam - The lockdown and subsequent factory closures in Vietnam have taken a heavy toll on the supply chain in the bicycle industry. All factories in the south of the country, where most of the component manufacturers are located have been closed since mid-July. The situation is slowly improving again.