KORTRIJK, Belgium - Is Belgium the 'most promising market' amidst the other European markets where companies are struggling with financial burdens and slow demand? "2024 has not been a crisis year for the bicycle industry," said Frank Glorieux, secretary general of the Belgium industry association Traxio-Velo at the presentation of the 2024 market statistics.

TAIPEI, Taiwan - Taiwan exported 47% less e-bikes across 2024, the preliminary custom statistics show. With just under 365,000 units leaving the nation's shores in a year, this is the lowest volume since 2018. The export value also dropped 43% year-on-year meaning the economic ramifications must still be being felt throughout the supply chain.

PARIS, France - With already 3,400 cargo bikes and 600 trailers used by approximately 650 businesses in France, this alternative to conventional utility vehicles is gaining traction a study led by the French association Les Boîtes à Vélo has found. The 2024 report from the Professional Cyclomobility Observatory sheds light on this growing trend, revealing promising figures and ambitious prospects for the sector.

BRUSSELS, Belgium - The European Commission announced this morning to maintain the anti-dumping as well as countervailing duties on e-bikes imported from China for another 5 years. The Commission has opted for the imposition of per company targeted dumping duties. The dumping duties vary from 9.9% for Giant Electric Vehicle up to 70.1% for a group of non-cooperative companies.

BRUSSELS, Belgium - The European Union and Malaysia will soon start negotiating a free trade agreement (FTA) that could have a major impact on the bicycle industry. The Southeast Asian country is home to Shimano supplier Kwang Li Industry.

KORTRIJK, Belgium - The Velofollies is known as the trade and consumer show which kicks-off the season, often in a positive mood. Whether this is realistic at the moment is a big question, given the problems in the industry. The great enthusiasm of almost 40,000 visitors ensured that the exhibitors dared to be cautiously positive about the 2025 market again.

MATTIGHOFEN, Austria - The financial struggle at the motorcycle division of Pierer Mobility AG could not take place without having an impact on the e-bike department. The company has now announced that its regional activities in South Africa, Germany and the UK will gradually be wound down in a controlled manner.

UDINE, Italy - Manufacturer of polymer anti-puncture solutions Tannus has founded a new European organization Tannus International Srl. together with the existing Italian office Tannus Italia Srl. "This direct participation of our parent company is an important phase in the strategic development of our company," explains Riccardo Natali, Co-founder of Tannus International Srl.

FREIBURG, Germany - Bravobike GmbH, the subsidiary of leasing pioneer JobRad has signed an agreement with Garbe Industrial Real Estate GmbH, which claims to be a "specialist for logistics real estate and light industry in Germany and Europe." The agreement will see Bravobike make use of a 23,500 sqm property in Kabelsketal, Germany to accommodate the strong growth in the number of ex-lease bicycles that will become available for the second-hand market in the coming years.

LAS VEGAS, US - At CES 2025 e-bike manufacturers showcased more than just sleek frames and high-tech gadgets. With Europe's e-bike market still expanding, brands from across the globe exhibiting at CES, like Engwe, Heybike, Himiway, and newcomers like Urtopia all shared a common goal— investing in entering the European market.

MASER, Italy - Sidi Sport S.r.l., was sold by founder Dino Signori to the Milan-based investment holding company, Italmobiliare S.p.A. in 2022. Soon after the takeover of the company specialising in the production of cycling and motorcycling footwear, Davide Rossetti was appointed CEO and that marked the start of a complete overhaul of the company. What is the current status of this iconic brand?

KOPRIVNICE, Czech Republic - Marek Sebek has been appointed as new sales director by bicycle manufacturer Bike Fun International (BFI). Prior to arriving at BFI, Sebek spent the past eight years at Trek Bicycle in Switzerland, including a five-and-a-half-year stint as head of sales. Sebek has been tasked with strengthening the position of BFI's brands in the local Czech and Slovakian markets, while growing its presence internationally.

EINDHOVEN, The Netherlands - Shimano Europe is extending its cooperation with GXO, a company that manages outsourced supply chains and warehousing, to perform logistic services across Europe. The component manufacturer will now move its warehouse operations in Belgium to GXO's facility in Venray, the Netherlands.

DRESDEN, Germany - The Management Board of online bicycle retailer Bike24 Holding AG has adjusted its revenue forecast for the 2024 financial year downwards. At the same time, the company confirms its previous forecast for the adjusted EBITDA margin "based on the indicative results for the fourth quarter of 2024".

PARIS, France - A new event for the cycling industry will gather senior leaders, HR professionals, communications experts, and decision-makers to address the gender equity gap in the cycling workforce. The first event in the Summit Series being held in Paris, 25-27 March will also discuss how the cycling industry can attract, support and develop more women.

LUXEMBOURG, Luxembourg - Four suspects have been arrested in The Netherlands on suspicion of large-scale customs fraud involving bicycles imported from China. The value of the alleged fraud is over €7 million.

TAICHUNG, Taiwan - In an attempt to improve the financial situation, bicycle manufacturers massively tried to lower their inventory levels even when it came with huge discounting. Giant Group managed to mitigate its decline in turnover to 7.4% as the company's 2024 monthly revenue report shows. This is compared with a decrease of 16.4% in 2023.

荷蘭，海倫芬（HEERENVEEN）－Accell Group執行長Tjeerd Jegen將卸任並改任該集團監事會主席，該集團營運長Jonas Nilsson將接任執行長一職。執行長的交接流程將在2025年4月1日前完成，主席交接流程預計於今年稍後進行，以符合公司治理規範中的「冷靜期」（cool-off period）。