TAICHUNG, Taiwan - Even though the first three sales quarter revenue of NT$1.91 billion (€55.66 million) was 32.5% lower than in the same period of the previous year, Taiwan's bicycle manufacturer Ideal Bike Corporation has been able to reduce its loss by 34.4%. The crisis at Taiwan's third largest bicycle producer is still rooted in the 2023 insolvencies of two of its major customers Advanced Sports GmbH and VanMoof.

HUTTWIL, Switzerland - The closure of production at Flyer in Huttwil is now a sad certainty. Following the conclusion of the consultation process, CEO Andy Kessler announced yesterday that at least 150 employees will soon be made redundant. The media only learned of this unfortunate pre-Christmas news via dealers and employees; owner ZEG has not disclosed any information.

SUZHOU, China - The oversupply in the industry, even for the category e-bikes, is still resulting in a slowdown in demand for component manufacturers. The excess inventory situation was already reflected at Taichung Bike Week last September but also came forward in Bafang's nine months earnings result which did not improve compared with 2023.

FOUNTAIN VALLEY, USA - Pedego, the largest chain of e-bike stores in North America, has announced the appointment of Larry Pizzi as its new chief executive officer (CEO) and member of the Board, effective November 18, 2024. Pizzi joins the company with over 20 years of operational leadership experience in the cycling and outdoor industry, succeeding Brian Stech. In addition, Cliff Moskowitz will be joining the Pedego Board of Directors.

BELFAST, UK - A new documentary has been released to showcase the extent of the waste problem within the cycling industry and offer solutions. Produced as part of a research project from Queens University in Belfast, Northern Ireland, Revolutions is a 15-minute documentary that urges stakeholders from across the cycling industry to reconsider their approach and attitudes towards environmental sustainability.

Supreme Dutch, a bicycle tyre innovator based in the Netherlands, has unveiled its next generation airless tyre specifically designed for bicycles. The new patented product is aimed at transforming the bike-sharing, food delivery, and cargo bike transportation sectors, where reliability, durability, and minimal maintenance are critical. With over a decade of research and development, the company is known for its focus on airless solutions for urban (E-) mobility. The company collaborated with tyre brand Schwalbe - Ralf Bohle for nearly five years before branching out independently to expand its reach globally.

德國，什文福（SCHWEINFURT）－在自行車產業當中，唯獨電動自行車驅動系統缺乏有效的市場數據。Bosch明顯主導著市場，不過其它供應商狀況如何？還有多少其它重要品牌？

德國，尚伯格（SCHAMBERG）－高精度傳動零部件製造商hGears AG不僅深受汽車產業危機影響，電動自行車市場庫存去化進度緩慢亦對其造成影響。該公司2024會計年首9個月的銷售大幅下滑。

CHANGHUA, Taiwan - In the first three sales quarters of the current 2024 financial year Taiwan's second-largest bicycle manufacturer Merida Industry Co. Ltd. generated total revenue of TWD 23.8 billion (€695 million). Compared to the first nine months of the previous year, this is a good increase of 5.8% in a persistently difficult and challenging environment.

OBERWANGEN, Switzerland - Yamaha was the first e-bike brand this month which announced it was pulling out of the US market due to oversupply and slow demand. It turns out that the Japanese are not the only one. myStromer AG also announced it will discontinue its business in the US and Canada with immediate effect.

VICENZA, Italy - Selle Royal has unveiled a new proprietary technology that allows waste materials to be repurposed as padding for bicycle saddles. The Italian saddle manufacturer plans to debut the innovation, named the Stracciatella, on its Lookin and Lookin Evo saddles, in addition to the Essenza saddle for the OEM market.

FRANKFURT, Germany - The delayed improvement in the financial position of leading players in the bicycle industry casts its shadow ahead of Eurobike 2025. The show organisation reports a shift towards more attention for the segments parts and accessories, boutique brands, services and international suppliers.

To support its rapid growth, Tracefy recently expanded its management team. Ferry Post has been appointed as sales director and Greg Schouten as technical director. This allows Niels Penning, as general manager, to focus more on overall company leadership, while Jeroen van Kester, director of marketing and new business, will concentrate on international markets and opportunities for Tracefy's GPS solutions beyond the bicycle industry.

SCHAMBERG, Germany - High-precision transmission parts and components manufacturer hGears AG continues to suffer not only from the automotive crisis, but also from the e-bike business segment's sluggish destocking. In the first nine months of the current 2024 financial year, it had to digest its biggest sales drop.

DRESDEN, Germany - Online retailer Bike24 reports a year-on-year revenue increase of 2.9% to €62.89 million from July to September 2024. In this quarter the category fully assembled bicycles saw a 6% revenue growth to an all-time high of €13.4 million. According to Bike24, "this is the result of our choice for a large brand portfolio and attractive price points."

SCHWEINFURT, Germany - No other product in the industry is so sorely missing validated market data than e-bike drive systems. The market dominance of Bosch is obvious, but what about the other suppliers and how many other brands are relevant anyway?

MUNICH, Germany - Gobao, a provider of drive solutions for e-bikes, has become the first Chinese company to receive the Carbon Footprint certificate from TÜV Rheinland.

WELS, Austria - The macro-economic conditions made two-wheeler giant Pierer Mobility AG already revise its forecast for the current financial year in October. Moreover they communicated a far-reaching restructuring program of its bicycle and e-bike sector. It now turns out that the liquidity requirement for its motorized two-wheeler business has a much bigger impact on the financial stability of the whole company.