BRUSSELS, Belgium - Folding bike specialist Ahooga has welcomed Tomi Viiala, former CEO of Stromer, as an advisor to the Board. Known for his instrumental role in transforming Stromer into the global leader in speed pedelecs, Viiala will support Ahooga in advising on driving strategic growth across Europe.
VIENNA, Austria - After a three-month restructuring process a new investor has secured the successful restart of Austrian custom-bike builder, Simplon. SOL Capital Management GmbH announced an undisclosed capital injection by one of its funds securing the future of the bike manufacturer.
For reshoring production and improving market flexibility by manufacturing in Europe instead of Asia, the central European countries have always played a key role. Although no country has taken a leading role, like Portugal, that does not mean that the region plays a secondary role within the industry. Several new facilities were started in recent years and existing ones upgraded their output quality.
DIJON, France - The news came out already earlier, but was only published officially today. Accell Group's brand Cycles Lapierre is making a return to the to the UCI World Tour as the official bike sponsor for Team Picnic PostNL. The team will compete on Lapierre bicycles for the next four years.
Subscribers onlyZEIST, The Netherlands - Imports of e-bikes into the EU reached almost 200,000 units in Q3 of 2024, almost matching the same volume of Q3 in 2023. Although there were signs of market recovery with an increase in e-bikes entering EU shores in Q2, the overall year-on-year decrease in the first nine months of 2024 is 28% compared to 2023. Perhaps more important, this is not counteracted by a higher import value.
MADRID, Spain - Bicycle production in Spain rebounded again in October with 25,400 bicycles produced for a value of €18.2 million. Compared to the same month of the previous year, this is a growth of 23.3% in units and 16.7% in turnover, according to data published by the Ministry of Industry and Tourism.
TAIPEI, Taiwan - The setback in the industry isn't restraining the Taipei Cycle Show in promising growth in the exhibitor count for the 2025 edition. For the next edition of the event, show organiser TAITRA expects to welcome nearly 950 exhibitors from 35 countries spanning more than 3,500 booths.
In the cycling industry, the importance of selecting high-quality components cannot be overstated. These elements are essential not only for achieving optimal performance but also for ensuring a safe and enjoyable riding experience. One company making its mark in this space is Rotor, known for its focus on precision and innovation in designing and manufacturing components. By prioritizing quality and functionality, Rotor contributes to the success of the leading bike brands in the industry.
PARIS, France - The budget crisis in France which led to a lot of political turmoil recently has a big impact on the bicycle and e-bike industry as well. With no previous warning, the Government announced that all state subsidies for the purchase of bicycles and e-bikes will be eliminated on very short notice. The 'Alliance for Cycling' warns of a significant consequence of such a decision for the whole cycling industry.
PODGRODZIE, Poland - Based in the southeast of Poland, Romet has been in the bicycle industry for more than 75 years. Operating in a total of three factories spread out over the country, Romet holds a strong position in its home market, but is also one of the well-known players in the European OEM market. Romet president Wieslaw Grzyb is now preparing the company to take the next step on the export market, both for OEMs as well as the brand Romet.
TAICHUNG, Taiwan - An increasing number of companies follow the China +1 approach for their sourcing strategy. To meet this demand from their customers, one of Taiwan's leading frame manufacturers is currently developing a new production facility in Vietnam with a capacity of 600,000 units. Above all, Sunrise aims to reduce their carbon footprint and raise their level of sustainable production.
From March 26-29, 2025, the Taipei Cycle Show will return to the Taipei Nangang Exhibition Center, bringing together key players in the cycling industry. With 950 exhibitors across 3,600 booths, the event promises to showcase the future of innovation and sustainability in the cycling industry.
BERLIN, Germany - Due to a sales slump and the resulting financial bottleneck Berlin-based (cargo-) LEV manufacturer Onomotion GmbH had to file for insolvency on 26 September. A subsidiary of a corporate group already backing other bike manufacturers, Emoving GmBH, has added the last mile delivery solution provider to its portfolio.
WALDERSDORF, Germany - Cube Bikes plans to set up a facility in Egypt to produce plastic-reinforced carbon parts for export to its European factories as production inputs. The company has already scheduled a second visit to Egypt to secure a 40,000-square-meter plot in the 10th of Ramadan City, northeast of Cairo.
KOPRIVNICE, Czech Republic - The two buildings housing the offices, production and warehouse of Bike Fun International (BFI) are hidden behind the big entry gate of the Tatra truck factory in the Czech Republic. BFI is probably the only bicycle factory which is located in a former test facility for trucks. Founded by a group of Dutch investors in 2001, the company developed into a leading city bike manufacturer based in central Europe, without losing sight on the sports bike market.
BRUSSELS, Belgium - A setback has occurred for Cycling Industries Europe during the process of leadership change after the candidate to succeed Kevin Mayne as CEO of Cycling Industries Europe withdrew. The organisation was informed on short notice that he will not take up the post due to a family issue.
EINDHOVEN, the Netherlands - Adaptable tyre pressure technology firm Gravaa has ap-pointed John Zopfi as its new chief commercial officer. With more than 20 years of experi-ence in outdoor and cycling industries, Zopfi took up the role earlier this month after spend-ing the past six years at 7mesh Industries where he most recently served as general manager for global wholesale.
NUNSPEET, The Netherlands - The future of a former market leader for e-bikes in the Netherlands, Stella, has been secured. Dutch investment company Scheybeeck and chain store owner Ilias Salhi have announced a relaunch of the recently bankrupt e-bike manufacturer albeit in a downsized form.
