Phoebe Liu, Chief Branding Officer of Giant Group, accepted the award on behalf of the company. – Photo Giant Group

Giant Group receives prestigious environmental protection award

TAICHUNG, Taiwan - As the country's first bicycle manufacturer, Giant Group has been honored with the bronze award at Taiwan's 6th National...

Skarper was also part of the inaugural Bike Venture event by Anchor Asia at Taipei Cycle show vying for investor support. – Photo Anchor Asia

Start-up Skarper bags another €5.1m for e-bike conversion kit launch

LONDON, England - Skarper, which was founded in 2020, has secured £4.5m (€5.1 million) in additional financing from a syndicate of prominent...

Next investment round for e-bike brand Cowboy. – Photo Cowboy

Cowboy raises €5 million in new investment round

BRUSSELS, Belgium - The omnichannel brand Cowboy has announced a new strategic investor. Cypress Capital is leading a €5 million financing round...

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Atlas Cycles was one of the most iconic Indian bicycle brands. – Photo National Herald

Former Atlas Cycles president Salil Kapoor dies by suicide

DELHI, India - Salil Kapoor, a former president of Atlas Cycles, died allegedly by suicide at his Delhi home on Tuesday afternoon. He was 65. After...

JobRad has already put more than 1.5 million bicycles on the road in Germany while Cyclis is much smaller with 37,000 bicycles. – Photo Cyclis

JobRad expands into Belgium and the Netherlands with take-over of...

HASSELT, Belgium - A leading Belgian lease concept provider Cyclis has been acquired by JobRad Group as of 2 September. The much bigger JobRad Group...

“I fully support the company’s service-oriented approach and partnership philosophy,” said Thomas Bauer on joining Hermann Hartje KG. – Photo Hartje

Thomas Bauer appointed MD at Hartje bicycle division

HOYA, Germany - The wholesaler Hermann Hartje KG has expanded its management team as of 1 November 2024 with the appointment of Thomas Bauer. Hermann...

The Husqvarna e-bike, GasGas e-bike and Felt sales increase in the first 6 months of 2024 could partly compensate for the loss of R Raymon. – Photo Pierer Mobility

Pierer Mobility suffers from loss-making bicycle business

WELS, Austria - According to Pierer Mobility AG volatile and difficult economic conditions led to a negative first half 2024 result. The company also...

“Expanding into Europe is the next logical step for us,” says Yeti CEO Chris Conroy. – Photo Chris Conroy.

Yeti expects market normalisation by the end of 2025

HAUSHAM, Germany -American cult brand Yeti has announced the opening of a European office in Germany. "Expanding into Europe is the next logical step...

Taiwanese suppliers emptying their warehouses to protect companies further down the supply chain is a potential explanation for significant drop in value per unit of e-bikes coming from the heavily interconnected island nation. – Photo Bike Europe

Asia offloading stock as EU e-bike import volume doubles in Q2

ZEIST, The Netherlands - Between April and June this year, the number of e-bikes imported into the EU rose to 223,000 units almost matching the same...

On the way out of the red figures: Ideal Bike Corporation, Taichung, Taiwan. – Photo Jo Beckendorff

Ideal Bike on the road to recovery after restructuring financial...

TAICHUNG, Taiwan - Despite a double-digit revenue drop Taiwan's third-largest bicycle manufacturer Ideal Bike Corporation is continuing to work on...

To build the brand AGU, the company has been sponsoring cyclists like track racer Harry Lavreysen for many years. – Photo TeamNL

Chapter 11 status for Dutch wholesaler and cycling gear brand AGU

ALKMAAR, the Netherlands - Wholesaler, exclusive agent for many brands and incubator for the Dutch retail market AGU has had to apply for Chapter 11...

hGears’ e-bike division is suffering from the high inventory levels that are still present in all sales channels. – Photo hGears

E-bike component manufacturer hGears expects medium-term growth

SCHRAMBERG, Germany - When presenting its 2024 half-year figures, the high-precision gearbox parts and components manufacturer hGears AG took a...

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