Recognising the demand for better-integrated and lighter components in the e-bike market, AUTORQ has responded to industry trends. Building on its success in providing the widest range of standard bottom bracket torque sensors, the company has developed an innovative integrated hub motor torque sensor.

TAICHUING, Taiwan -Taiwan´s third-largest bicycle manufacturer Ideal Bike Corporation significantly reduced its costs in 2024, according to the limited financial information communicated by the company. However, last year's revenue of TWD 2.65 billion (€737.46 mln) still represented a year-on-year drop of 27.5%.

TAICHUNG, Taiwan - In a circular economy it is often a challenge to find a new purpose or customers for recyclable waste. ZIPP owner SRAM had been looking for a source of the waste which comes from the production of its carbon components, including wheelsets, handlebars, stems and seat posts. This issue was addressed through their collaboration with Velo.

SEATTLE, US - Rad Power Bikes, which began as a US director to consumer brand, has appointed Kathi Lentzsch as its new Chief Executive Officer (CEO). With deep experience in transforming both consumer-facing and B2B businesses, including retail, she will oversee the company's strategic pivot to focus on physical retail.

DÜSSELDORF, Germany - Following European success in Paris, Mechelen and Berlin, French e-bike refurbishment specialist Upway has opened its second UpCenter in Germany. The location in Düsseldorf, strategically chosen for its gateway to western Europe, will facilitate furthering Upway's international growth. The company also counts two locations in the US in its growing portfolio.

TAIPEI, Taiwan - Taiwan's leading role in the international market for ICT products could play an important role in regenerating the supply chain for e-bikes. In 2017-2018 the country's bicycle industry made a successful transition to the production of e-bikes. The strong focus on this high-value product category gave Taiwan the opportunity to move forward in this innovative market. However, the strong fluctuations in supply and demand has seen Taiwan completely lose momentum in the e-bike market.

TAICHUNG, Taiwan - The excess inventory of Giant Group's own brands in Europe and the US in particular, continued to impact the financial performance of the company. The board of directors reported a 7.4% decline in consolidated sales to NT$71.28 bn (€1.98 bn) in 2024. While all financial indicators were negative for 2024, Giant Group remains positive for 2025.

LONDON, United Kingdom - The total bicycle market in the UK saw sales drop a further 2% year-on-year in 2024 to a new low this century. This latest drop continues the long post-COVID downturn which began in the second half of 2021. However, the latest figures from the Bicycle Association (BA) suggest there is light at the end of the tunnel.

For nearly four decades, Tektro has been known for its high-quality braking systems. Now, with the fully automatic E.A.S.I. A12 shifting system, TRP introduces an innovation set to make a mark on the shifting market. OEMs looking for future-proof, fully integrated systems now have the opportunity to equip their e-bikes with an automatic shifting system that combines riding comfort and durability.

The Eurobike show will bring together key players from the bicycle and ecomobility sectors in 2025. With over 200 start-ups, expanded testing opportunities, and new interactive formats, the event offers a chance to explore the latest solutions, foster partnerships, and stay informed on industry trends. The 33rd edition of Eurobike will take place at Messe Frankfurt from June 25-29, 2025.

CHANGHUA, Taiwan - For Merida Industry Co. Ltd., the excess inventory situation continues to have an impact on the financial performance. Yesterday the company reported a relatively steadily performance in 2024, with full-year revenue growing by 8.7% to NT$29.63 billion (€ 823 million). The company pointed out that the entire bicycle industry is still in the stage of destocking and inventory impairment. For Merida this means a net loss NT$732.66 million (€20.4 million) before tax which can be attributed to a one-time provision and did not affect cash flow, and it could still be used to offset taxes when profits are made in the future.

Bike Matrix, Noca, BikeFolder are just a few of the new ventures that have emerged over the past few years with a focus on data management in the bicycle industry. These companies have clearly identified a gap in the market at a time when digitalisation is becoming increasingly relevant in the value chain. The automotive industry has successfully automated data management, but the bicycle industry lags behind, impacting revenues, value chain transparency, and growth. Is change coming?

BERLIN, Germany - Massive discounting campaigns to reduce inventory levels in the market pushed down the average e-bike retail price and market value in Germany last year. While sales volume remained relatively stable, the revenue from bicycles and e-bikes totalled €6.33 billion, down 10.1% from €7.06 billion in 2023. This is still significantly higher than the sales value of €4 billion in 2019.

BUSETO PALIZZOLO, Italy - Lombardo Bikes has acquired Cicli Olympia, one of the oldest Italian bicycle brands, to create a production hub for bicycles made in Italy. Lombardo, founded in 1952 now counts itself as the largest bicycle manufacturer in Italy. The financial details of the deal have not been disclosed other than that it was secured entirely through Italian capital.

SCHWEINFURT, Germany - Following a brief take-over by Austria's Pierer New Mobility, R Raymon Bicycles will now continue its journey as a 100% independently owned company under the guidance of founders Susanne and Felix Puello. Since 6 March a new chapter begins for the German bike brand. The financial details of the deal have not been disclosed by either party.

AMSTERDAM, the Netherlands - Fundracer as announced that Annika Fischer has joined the investment fund dedicated to future mobility as a Venture Partner. She has built a career at the intersection of finance, HR, and sustainability, reports Fundracer.

The Taipei Cycle Show is one of the top three global cycling exhibitions, bringing together industry leaders, innovators, and key decision-makers. OLI eBike Systems will present its latest advancements at Hall 2 (TaiNEX 2), Booth R0720, offering an in-depth look at its Pico drive system—a high-performance, cost-efficient motor.

DRESDEN, Germany - After a strong final quarter in 2024, German e-commerce bicycle retailer Bike 24 Holding AG says it has not only confirmed its return to growth, but has also fully achieved its year 2024 profitability target. However, the full results for the 2024 financial year will not be published until March 26.