Subscribers onlyTAIPEI, Taiwan - After a turbulent 2024 marked by decreased production volumes and excess inventory, Taiwan's bicycle industry is showing early signs of recovery. While orders remain cautious, Q1 2025 export data suggests a gradual rebound is underway, especially in the e-bike sector.
ARDOOIE, Belgium - Björn Gast was welcomed to the Curana leadership team this month as Head of Sales and Product, a move Curana says marks an important milestone for the manufacturing company. Curana touts itself as a leading developer of high-end bike accessories with over 40 years of industry experience, building its reputation for quality and design.
SAKAI CITY, Japan - Component manufacturer Shimano points to "signs of recovery starting to appear in sales of completed bicycle sales" as it releases its first quarter consolidated financial results for 2025. In a welcome sign for the industry, the company reports a 15.6% increase in bicycle component sales in Q1, compared to the sluggish start of the year in 2024.
SponsoredThe AM2R project ('Agenda Mobilizadora para a Inovação Empresarial do Setor das Duas Rodas' - Mobilizing Agenda for Business Innovation in the Two-Wheel Sector) will have a significant presence at Eurobike 2025, demonstrating the growing capabilities of the Portuguese bicycle, e-bike, and soft mobility industry.
IRVINE, USA - E-car manufacturer Rivian announced it has spun out its micromobility business into a new company called Also Inc. Secured by a $105 million (€97 million) investment from Eclipse Ventures, Also will focus on small, lightweight vehicles including e-bikes.
Subscribers onlySTOCKHOLM, Sweden -Recent figures from the Swedish industry association Cykelbranschen show that bicycle sales volumes have almost halved in the last 11 years, and the decline is ongoing. These market trends have been recently confirmed by some leading local bike retailers.
COLOGNE, Germany - Georg Honkomp's decision to step down as chairman of German ZEG, Europe's largest dealer cooperative, had a big impact on the whole organisation. But what else can be expected after he was on the board of directors for more than three decades? The Honkomp era is over as the new board announced a sweeping change of leadership in most of ZEG's subsidiaries.
JAKARTA, Indonesia - Bringing together leading exhibitors from Indonesia, China, Singapore and Vietnam, this year's Asiabike Jakarta (ABJ) is set to accelerate the growth of the sustainable mobility industry with expanded exhibitions. The event is scheduled from 29 April to 4 May 2025, at JIExpo Kemayoran - a 12,000-square-foot expo space in the heart of the city.
SponsoredUntil recently, the world of bicycle locks was largely dominated by utilitarian designs that prioritized function over form. However, in the past decade, Leipzig-based manufacturer Texlock has been offering an alternative: a lightweight, flexible, stylish, and secure lock, crafted from high-tech fibers and steel.
SCHRAMBERG, Germany - hGears AG faced a challenging 2024 fiscal year as declining demand and high inventory levels weighed on revenue and earnings. Despite the negative effects of 2024's economic slowdown and excess inventory struggles, hGears AG remains confident that its new cost and structural measures are having a positive effect.
AMERSFOORT, Netherlands - Dutch battery repair specialist Nowos has raised €6 million in new equity funding to accelerate its pan-European growth and push lithium-ion battery repair as a main component to developing a circular economy. The round's lead investor is Paris- and Singapore-based venture capital fund Shift4Good, with participation from Fair Capital Impact Fund and Goeie Grutten Impact Fund. An additional €3 million in debt financing is still being secured.
REDDITCH, England - Contrary to the general trend in the British retail market, Halfords UK reports an increase in bicycle sales in its 28 March trading update. The company's focus on its range of premium mechanical bikes that have a price tag of more than £1,000, as announced last year, turned out for the best.
SEYMOUR, Indiana - From Shark Tank winners to full-on manufacturers, Guardian Bikes has come a long way since its inception in 2013. The American kids' bike brand, with its patented SureStop braking system, has announced the launch of its new bicycle frame manufacturing operation at its existing assembly plant location in Seymour, Indiana.
REICHSHOF, Germany - Schwalbe owner Ralf Bohle GmbH and Pyrum Innovations AG have concluded a framework agreement for the long-term purchase of Pyrum's recovered carbon black (rcb). The agreement covers the purchase of rcb at a fixed price for the next 10 years.
