Business news

Scott Sports Group is lucky enough to have a strong parent company to provide additional financial resources now the supply chain bottleneck has become problematic. – Photo Jo Beckendorff

Scott Sports next to get multi-million loan from owner

SEOUL, South Korea - Scott Sports owner Youngone Corporation has granted its subsidiary a temporary financial injection of SFR 150 million (€160.6...

2021: A year of highs… and highs

2021: A year of highs… and highs

ZEIST, the Netherlands - It's been a busy year for the international bicycle industry. High demand for bicycles, notably e-bikes, driven by the COVID...

The bicycle aid organization WBR founded by SRAM's Frederik K. Day (l.) and his wife Leah Missbach Day will benefit from the bicycle investment fund. – Photo WBR

Bicycle index certificates introduced at Frankfurt Stock Exchange

STUTTGART, Germany - The booming bicycle and e-bike market attracts more and more investors. Asset manager and index allocator Daubenthaler has...

Impact survey shows '2021 and 2022 set for continued growth and investment'

Impact survey shows '2021 and 2022 set for continued growth and...

BRUSSELS, Belgium - High sales figures have dominated industry news and this is confirmed by the latest COVID impact survey of Cycling Industries...

After shutting down all its factories at the end of March, the French Look Cycle group has restarted production with precautionary measures. - Photo Look Cycle Group

Look Cycle group takes fresh approach as production restarts

NEVERS, France - The French bicycle manufacturer, Look Cycle group (Look Cycle and Corima), has reviewed the way it functions, in light of the...

Cycling is seen as a safe way of travelling today. - Photo Bike Europe

Coronavirus brings opportunities and threats for bicycle industry

DOETINCHEM, the Netherlands - The measures taken by European governments to limit the Coronavirus have been in place some for weeks now and the...

Deloitte study on expectations for the new decade. In midst of topics like 5G, robots and where the smartphone will take us, strong rise in cycling is forecasted. – Photo Deloitte

Deloitte study: E-bike sales in 2023 at 40 million units generating...

LONDON, UK - Renowned consultancy firm Deloitte has published a study named 'Discover the Future' in which it presents detailed expectations for the...

“Our existing collection system has proven to be reliable for both dealers and e-bike suppliers.” – Photo GRS

German Recycling Industry Preparing for Massive E-Bike Batteries...

BAD SODEN, Germany - In the past ten years, the German e-bike industry developed a successful system to collect waste e-bike batteries. According to...

Magura Bosch Parts & Services GmbH & Co. KG is the name of the newly founded service and parts company. – Photo Bosch

Bosch eBike Systems and Magura Join Forces for Servicing e-Bikes

REUTLINGEN, Germany - Bosch eBike Systems and Magura announce a closer cooperation in service and replacement parts distribution. Bosch eBike Systems...

The Voi sharing system of this Scandinavian start-up was successfully launched in summer 2018 in Stockholm. – Photo Jo Beckendorff

E-Bike and E-Scooter Operator Voi Expands Rapidly in Europe

STOCKHOLM, Sweden - The urban mobility company Voi Technology is currently planning a large-scale expansion in 150 European cities with...