Jo Beckendorff

STUTTGART, Germany - Mahle GmbH is the next automotive supplier entering the e-bike market with the acquisition of Spanish Ebikemotion Technologies S.L. With this e-bike drive system, HMI and connectivity expert, Mahle strengthens its activities "on the market of electrically powered bicycles".

MEQUON, USA - Shortly before this year's Interbike in Reno/Nevada it was already rumoured. Yesterday evening the final decision was announced: US bicycle components supplier Hayes Performance Systems, owner of the brands Hayes, Manitou, Sunringlé, ProTaper MTB and Wheelsmith, is taking over the carbon-fiber wheel

MUNICH, Germany - German Govecs AG, the e-scooter company founded in 2009, announced last week that it started a cooperation with Spanish light motorcycle producer Rieju SA. The cooperation means that Govecs buys all rights on

CHICAGO, USA - The troubled U.S. retail giant Sears Holdings Corp. had to file for bankruptcy on October 15. On that day, the in 1886 founded company which is also selling bicycles and cycling products at entry-level price points, filed for chapter 11 bankruptcy. Previously, Sears' shares dropped double digitally.

NORTHAMPTONSHIRE, UK - Sports engineers TotalSim will open a cutting-edge R&D facility for the cycling industry next February in the UK. The state-of-the-art Silverstone Sports Engineering Hub includes two new wind tunnels, plus office and workshop space for rent.

PARIS, France - Peugeot Motocycles gave insight into its future urban mobility product range at the Mondial de la Moto show which took place in Paris from 4 to 14 October.

IDSTEIN, Germany - After launching its first own online D2C (Direct-to-Customer) platform for the German-speaking market, German premium bicycle niche brand Storck Bicycle GmbH now opened it for the world market. Since the end of September the English-language page is online as well.

RENO/NV, USA - For the 2018 edition, Emerald Expositions moved the U.S bicycle show Interbike from Las Vegas to Reno and introduced a new show concept. The first edition of this Interbike Marketweek 2018, which took place from 15-20 September, attracted less visitors and less exhibitors.

PONTEDERA, Italy - The iconic Vespa scooter gets electrified. This month Piaggio Group (owner of Aprilia, Derbi, Gilera, Moto Guzzi, Piaggio and Vespa) starts series production of the 'Vespa Elettrica'. Sales (online only) starts in October at a dedicated webshop.

TAICHUNG, Taiwan - Thanks to a strong e-bike demand as well as favourable exchange rates, Giant Manufacturing Co. Ltd. saw its net income grow by 31.8 percent in the first half of this year. Consolidated group revenue increased by 7.9 percent up to a total of TWD 29.17 billion (€ 830.2 million).