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Austrian OEM bike assembler looks to quadruple production via...
REGAU, Austria - In order to continue growing as quickly as possible and to meet current demand, Austrian OEM bicycle and e-bike assembler WSF...

Ideal Bike sees double-digit revenue downshift in Q2
TAICHUNG, Taiwan - As the third in line after Giant and Merida, Ideal has also reported red figures for this year. While the bicycle manufacturer was...

Maker of custom-brand Müsing insolvent in self-administration
FREIRACHDORF, Germany - Müsing manufacturer Radsportvertrieb Ditmar Bayer GmbH is another bicycle company which has fallen into financial...

Merida reports first half year sales and profit decrease
CHANGHUA, Taiwan - The sparse numbers reported by Merida Industry Co, Ltd. clearly indicate that its 2023 export position is in decline compared to...

New Polish e-bike factory backed by Chinese home electronics giant
FRANKFURT, Germany - Poland is gaining relevance for e-bike assemblers and a new factory is on the horizon. Backed by NKI, a Chinese manufacturer of...

Avon Cycles sees more export opportunities with new factory
LUDHIANA, India - The construction of an export-oriented facility on the outskirts of Ludhiana gave Avon Cycles an excellent opportunity to take its...

Despite stable revenue Ideal Bike reports Q1 losses
TAICHUNG, Taiwan – In its first sales quarter of 2023 Taiwan’s third-largest bicycle producer Ideal Bike Corporation brought in total sales of TWD...

Baltik Vairas transforms to highly efficient assembly partner
SIAULIAI, Lithuania – Baltik Vairas had been the single outpost of the bicycle industry in Lithuania and the other Baltic States for many years....

Time Bicycles invests $6.5 mln to build carbon fibre bicycle factory...
LITTLE ROCK, USA – Time Bicycles is investing $6.5 million to build the largest carbon fibre bicycle factory in the US. Located in South Carolina,...

Suma Capital invests in Berria Bikes to facilitate international...
VILLARROBLEDO, Spain - Berria Bikes has reaffirmed its ambitious international expansion plans with the introduction of Suma Capital as a minority...