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The absence of sales volume in both the e-mobility and e-tools divisions also had a negative impact on hGears’ profitability. – Photo hGears

Slow e-bike destocking impacts hGears' half-year results

SCHRAMBERG, Germany - In the first half of 2023, precision gear and component manufacturer hGears AG posted total sales of €57.16 million, a...

hGears Head of Business Development E-Mobility Fabio Stornaiuolo presenting a steel-made toothed wheel. - Photo Jo Beckendorff

hGears adopts co-engineering for producing precision e-bike components

FRANKFURT, Germany - Once again, high-precision transmission parts and components producer hGears AG, with its comparatively young e-mobility...

hGears: Powering the future of e-mobility

hGears: Powering the future of e-mobility

The mobility landscape is undergoing a fundamental transformation. Europe alone witnessed a sales volume of 5.8 million e-bikes in 2022, reflecting a...

hGears is aiming for strong growth in the E-Mobility business unit in the next two to five years. – Photo hGears

Despite sales drop hGears’ e-mobility outlook remains positive

SCHRAMBERG, Germany - According to precision gearbox manufacturer hGears AG, its first quarter 2023 results are in line with expectations. The strong...

“We will continue to investments in our manufacturing capacity for the e-mobility business area,” said hGears CEO Sven Arend. – Photo hGears

hGears steps up transition from automotive to e-bike industry

SCHRAMBERG, Germany - The importance of e-bike precision component production becomes more important for hGears year after year. In its 2022 annual...

hGears provides infrastructure for growth

hGears provides infrastructure for growth

The market for micromobility is expanding rapidly. hGears provides companies with limited manufacturing resources for growth with the right tools to...

Transmission and components manufacturer, hGears, will continue a focus on 'operational excellence' in its plants throughout 2022. - Photo hGears

HGears' Q1 results slow down but are 'in line with expectations'

SCHRAMBERG, Germany - Stating a challenging business environment, German high-precision transmission parts and components manufacturer hGears AG, saw...

Revonte CEO Otto Chrons (l.) and hGears CEO Pierluca Sartorello partner to manufacture the Revonte ONE e-bike motor. – Photos Bike Europe

Revonte and hGears partner in e-bike drive production in Europe

TAMPERE, Finland - Revonte has made an important step forward to get its ONE e-bike motor ready for mass production. The Finnish e-bike drive system...

The e-mobility business divisions of hGears accounts 35.6% of total group sales. – Photo hGears

Delayed deliveries impact financial results of hGears

SCHRAMBERG, Germany - In line with the company's strategic goal of expanding its business activities and increasing market share, hGears reports for...

hGears expects to invest the majority of its IPO proceeds in increasing its production capacity for e-bike and electric and hybrid vehicle parts. - Photo hGears

German e-bike drive component supplier hGears plans IPO

SCHRAMBERG, Germany - "In 2020, our gears were in approximately one of every two e-bikes sold in Europe," declares Pierluca Sartorello, CEO of...