Rosie Burgin

DRESDEN, Germany - E-commerce platform Bike24 Holding AG has continued its strong growth path in the third quarter of 2025. The company recorded revenue growth of 31.7% to €82.8 million in the reporting quarter. In the first nine months, revenue rose by 25.5% from €176 million in 2024 to €220.9 million this year. Significant growth was achieved in all European markets, driven by localisation strategy and a strong core market in Germany, Switzerland and Austria.

TAICHUNG, Taiwan - Giant Group recorded a 17% drop in consolidated revenue over the first nine months of this year, the latest figures released by the company's board of directors reveal. With a slow start to the year and a high-profile incident with the United States Government in late summer, the manufacturer reports a 24.9% decline year-over-year in Q3 revenue to NT$15.36 billion (€420 million). A small silver lining is the growth in e-bike sales and the recovering demand in Europe, particularly for its OEM business.

INNING, Germany - With a focus on European manufacturing from its base in Southern Germany, TQ is quietly building its profile in the e-bike industry. Counting on Trek as a leading partner through its initial engineering phase, the e-bike component manufacturer's products are now specified on 18 brands across several categories.

PARIS, France - On course to double sales in 2025, refurbished e-bike seller Upway, has received a financial injection of US$60 million (€52 million) in closing its Series C funding round. The company has now raised a total of US$125 million (€108 million) since its founding in 2021. The latest funding will facilitate new UpCenters in Europe and North America, expansion into five more countries and the launch of new digital services.

MADRID, Spain - Following a slow start to the year, bicycle production is set to decline in Spain in 2025. The country produced a total of almost 220,000 bicycles in the first nine months of 2025, a 10% drop compared to the same period last year. Totalling €179 million in value, this represents a considerable decline, according to official data published by the Ministry of Industry and Tourism. The data for Q3, however, shows the most promising signs of a revival.

HASTINGS, United Kingdom - British bike brand Whyte Bikes Ltd. has changed private equity hands, from current owner Cairngorm Capital to Causeway Capital. The acquisition sees 100% ownership of Whyte transferred to Dublin-based Causeway Capital. The brand sees the move as a major step toward developing international growth.

TAICHUNG, Taiwan - In the wake of forced labour accusations from the United States, Giant Group is extending its 'Zero Recruitment Fee Policy'. Originally in effect from January 1, 2025, this will now apply to all migrant workers currently employed at the company in Taiwan. "This latest expansion reflects the Group's ongoing institutionalisation and practices of human rights protection and fair employment," the company states.

TAIPEI, TAIWAN - Around 150,000 e-bike units were exported from Taiwan to the European Union in the first nine months of 2025, the latest customs data shows. This is a 3% increase compared to the same period last year - a welcome sign of market stabilisation for the Taiwanese supply chain. However, total exports reached just over 270,000 units from January to September, representing a 3% year-on-year decline. The spotlight is now on how this develops as the year closes, with the rollout of United States tariffs and human rights accusations on Taiwanese companies bringing disruptions to trade.

GIRONA, Spain - "We're not just replacing derailleurs — we're replacing complexity," says Marc Barceló, CEO and founder of Niche Mobility. The new player in the e-bike system market has built a fully digital drivetrain from scratch and is on course for an OEM launch in model year 2027. A significant step forward for the start-up was the display of prototypes at this year's Sea Otter Europe in its hometown of Girona.

WARSAW, Poland - Today, Poland is a European manufacturing hub for bicycles and e-bikes — not a niche player but one of the continent's top producers. Polish factories produced around 1 million bicycles annually in the early 2020s, putting the country among the EU's five largest producers and giving it a meaningful share of regional supply chains.