Rosie Burgin

FREEHOLD, NJ, US - The US-based electric vehicle technology company, Cenntro Electric Group Limited, has acquired a minority stake of 25% in Antric GmbH, a German-based e-cargo designer. Through the seven-figure investment Cenntro will support manufacturing the company's Antric One e-cargo bike in Germany and market the product globally.

SUZHOU, China - After two years and a capital investment of more than ￥10 million (€1.44 million), Bafang has completed the building of an Electromagnetic Compatibility (EMC) laboratory, becoming one of the few companies in the global electric system industry to own such a facility. The e-bike drive system manufacturer says that the new facility "will substantially and positively impact Bafang's product development, driving up quality and efficiency while reducing costs".

LONDON, England - Two Chinese e-bike manufacturers who are new to the UK market should be allowed to move to a lower import tariff rate - this has been proposed by the Trade Remedies Authority (TRA), a body of the UK governments' Department for International Trade. With e-bike sales on the rise in the UK, "the change in tariff rate would help meet demand in this growing market," the TRA said in a statement.

DRESDEN, Germany - E-commerce specialist, BIKE24, reports that it has "solidly navigated the first half of 2022" with full-bike sales up by 12% despite a challenging environment. The German retailer's internationalisation strategy is also paying off with substantial revenue increases in localised markets Spain, France and Italy and new European markets are on the cards.

SUZHOU, China - Seekrun designs a wide range of display products with varying screen types, sizes and accessories which can be customised. During Eurobike, the company's newest model, the A1 hub drew the most attention.

HANGZHOU, China - HMI display manufacturer Velofox, presented the newest releases from its DM Series during Eurobike in July. With a range of 10 models varying in size and offering colour or high contrast black and white displays, the company offers a solution for all biking categories from e-cargo to e-road.

SUZHOU, China - Following the launch of the CMT03 a couple of years ago, e-bike motor manufacturer, Shengyi was back at Eurobike this year with 2 new additions, CMT07 and CMT03P.

SHENZHEN, China - Topband, the Chinese manufacturer of controllers, motors and lithium batteries for a range of industries is entering the e-bike mid-motor market for the first time. Building up from batteries to a complete e-bike drive system offering, the company displayed its new lightweight motor at Eurobike.

FRANKFURT, Germany - Danish start-up Pentalock enjoyed its second ever outing to Eurobike for this year's event. In contrast to a year ago, the anti-theft solution is making a market entrance in the Netherlands and is ready to scale-up production as CEO and co-founder Emil Norup explained to Bike Europe.

BREMBATE, Italy - Vittoria has introduced a new addition to its Corsa range of tyres, the Corsa N.Ext. Designed to offer racing-inspired performance with ultimate durability, it completes Vittoria's top-of-the-range offer by filling the gap between the Pro Competition and Advance Training tyre categories.