FRANKFURT, Germany - Brockhaus Technologies, the parent company of German bike leasing provider Bikeleasing-Service GmbH, has announced a projected revenue increase of 10-15% in 2025, targeting between €225-335 million. The company, which focuses on tech-driven business models, is in the midst of a pivot to becoming a broader multi-benefit platform.
HAUSEN, Germany - Financial problems continue to be a major challenge for the industry, even though the first signs of a market recovery are emerging. For YT Industries the situation became unsustainable, and they have initiated restructuring proceedings under self-administration under German law.
LONDON, UK - British mobility insurance firm Laka has secured $10.4 million (€8.9 million) in a Series B funding round, it announced this week. The move strengthens the company's goal to lead the green mobility insurance market for e-bikes, e-scooters and sustainable transport across nine European Union markets and the United Kingdom. The round was co-led by Shift4Good and MS&AD Ventures, with participation from existing backers including Ponooc and Porsche Ventures.
HEERENVEEN, the Netherlands - The financial challenges at Accell Group have led minority shareholder Teslin Capital Management to depreciate the value of its investment by 80%. The bicycle manufacturer was the bleeder for the investment fund as the 2024 financial report of Teslin shows.
WEIDEN, Germany - The e-bike market expansion in the past decade came with a wave of new brands and suppliers. One of them was German MSA, mainly known as a long-time Kymco importer in Germany and the Czech Republic. Challenges in the motorbike and e-bike market have resulted in a reorganisation of the company including the withdrawal from the e-bike and bicycle market.
TALLINN, Estonia - Vok Bikes, the Estonian company behind a new generation of four-wheeled electric cargo bikes, has raised US$6 million (€5.12 million) to further expand across Europe and accelerate the shift away from vans in city centres. The Series A funding round is led by SQM Lithium Ventures, the corporate venture capital team affiliated with SQM International Lithium (SQMi), a global leader in lithium production.
MUNICH, Germany - Despite a stagnating global economy, unresolved conflicts, and other geopolitical mood killers, the stock market boom continued, at least in the first quarter of 2025. Then came Trump trouble, with the US president instigating a global trade war. The tariff conflict is not only having an impact on the existing global economic order, but also on financial markets. The stock market went on a roller coaster. Investors are reacting to the unpredictability of the 'America First' prophet, which on a long-term could benefit Europe. In this context, here's an overview of how stock-listed bicycle industry companies fared in the first six months of 2025.
RIMINI, Italy - The Italian Bike Festival has grown increasingly significant for the cycling industry since 2018, following the decline in relevance of EICMA-Milan in recent years. The most recent edition at Misano Circuit in September 2024 featured more than 600 brands and 57,000 end consumers and industry professionals. The successful event has been taken over by the Italian Exhibition Group.
CHANGUA, Taiwan - The long-awaited turnaround from a declining to a rising bicycle market is becoming increasingly visible. Industry leaders remain cautious in their forecasts but dare to express themselves more positively. This was already clear last week at Eurobike. Merida Industry's financial report for the first half of 2025, in combination with their statement "to gradually expand our e-bike production capacity," indicates that the company is once more regaining trust in its future.
HEERENVEEN, the Netherlands - Intense discounting drove Accell Group's revenue down by 22% from €1,294 million in 2023 to €1,003 million last year. The company reports that the results were heavily impacted by one-offs, while market conditions remained challenging.
