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.

SKI, Norway - Just south of Oslo, the first highly automated tyre factory of reTyre has been completed after a construction period of 10 months. "We are the world's first tyre company that can injection-mold tyres instead of manual vulcanization," said eTyre COO Alexander Gjendem Gjørven, who has raised more than 200 million Norwegian kroner (€17.2 million) for reTyre.

KOBLENZ, Germany - D2C-sales and custom-building - is that a match? Perhaps it is no coincidence that D2C bicycle supplier Canyon Bicycles GmbH is launching a worldwide custom bike program named "MyCanyon" shortly before opening its own Canyon Bicycles Munich Store. To get the message of the new program out the company even hired some renowned artists.

MUNICH, Germany - Last year, Decathlon Germany announced an expansion of its digital marketplace portfolio with both the Sushi branded e-bike range from Sushi Mobility GmbH as well as remanufactured e-bikes from refurbisher Rebike Mobility GmbH. Now the sporting goods retailer is strengthening its collaboration with Rebike with a new shop-in-shop retail concept.

BERINGEN, Belgium - The acquisition of Nukeproof by Belgian Cycling Factory (BCF) as the company announced last week is a critical part of its long-term strategy plan called Horizon 2030. "Building a leading position on the MTB market is an essential part of our long-term vision," explains Belgian Cycling Factory CEO and owner Joachim Aerts. "With Nukeproof we have gained an important position in the market."

MUNICH, Germany - The integration of ergonomic bicycle component company SQlab into the Boards & More Group has been full completed. This process took three years to complete and includes SQlab's relocation to Oberhaching, where the Boards & More Group offices are located.