Rosie Burgin

GRANBY, Canada - Faction Bike Studio (FBS), offering industrial design and engineering services to the bike industry, has seen an upsurge in design projects as a result of the current bicycle boom. With clients including Decathlon, Gazelle, 3T and Argon 18, the company has now announced three new hires to support the rapid growth.

FRANKFURT, Germany - In a logical move, the Battery Experts Forum has changed its date to 12-14 July to become a direct neighbour of Eurobike, which will also take place at the Messe Frankfurt from 13 to 17 July. The synergies of the events present a great opportunity for the e-bike industry to engage in battery developments on a deeper level.

AMSTERDAM, the Netherlands - E-bike component manufacturer, enviolo has been taken over by private equity firm Inflexion. According to Dutch financial newspaper, Financieele Dagblad, an estimated $250 million (€219 million) is being invested into the company to support further growth in key markets.

KOBLENZ, Germany - Direct to consumer retailer Canyon, has appointed a new CEO. Effective March 1st, former Nike executive Nicolas De Ros Wallace will be tasked with leading the company through the next stage of its growth journey.

BERN, Switzerland - World Federation of the Sporting Goods Industry (WFSGI) has announced that Michelle Smyth has been appointed as Head of Cycling, a role formerly known as Head of Bicycle.

HAMBURG, Germany - The huge mismatch in the global container market is far from over. That is the conclusion of Container xChange, an online platform that brings together supply and demand for containers. Whilst containers are now moving in and out of China at record speeds, port congestion in Europe and the US continues to slow the return of boxes to Asia.

STOCKHOLM, Sweden - Swedish battery developer and manufacturer, Northvolt has marked a new chapter in European history with the first cell to have been fully designed, developed and assembled at a gigafactory by a homegrown European battery company. A breakthrough for Europe's budding e-bike industry?

WELS, Austria - Pierer Mobility, whose two-wheeled portfolio includes Felt Bicycles, GasGas and Husqvarna e-bikes but also KTM Motorbikes, has reported record sales for 2021. In a successful year for the bicycle division, e-bike sales were up 37% and traditional bicycle sales reached a 40% year-on-year increase.

STAVANGER, Norway - Podbike will start delivering their first product, the four-wheeled e-bike, Frikar, in 2022. To oversee the company's transition from start-up to early growth phase and support the scale-up of e-bike sales a new CEO has been appointed.

MONTREAL, Canada - Dorel Industries has completed the sale of Dorel Sports, its bicycle segment, to the Dutch mobility group, Pon Holdings. For the sale price of US $810 million, Pon now has brands including Cannondale, Schwinn, GT, Caloi and Mongoose in its hands.