SCHWEINFURT, Germany - SRAM's activities in the e-bike category have entered a new stage now the German e-bike drive systems supplier Amprio is connected to the American bicycle component manufacturer.

ANTWERP, Belgium - Classified Cycling has announced a €22 million funding round led by Active Partners, known in the industry as, former investors in Rapha and Evans Cycles. Existing investor Bridford Investments Limited continues to support Classified by participating in the round. Classified Cycling aims to expand into the e-bike market.

CHICAGO, US - Component manufacturer, SRAM, is extending its presence in the Italian market by opening a new Technical Service Support Centre. Developed in partnership Italian distributer Beltrami TSA the new service centre will be fully operational as of January 1, 2023. A new distribution deal with Accell will also begin next year.

SHANGHAI, China - For the third time this year, COVID restrictions have forced the organising committee to postpone the 2022 edition of China Cycle. At the moment it is unknown when or where the show is going to take place.

BRISTOL, England - On the back of success in direct to customer sales, UK bicycle manufacturer Temple Cycles is aiming to establish a B2B dealer network through partner stores, both in the UK and worldwide. The company says "the move will be pivotal in allowing more customers to test ride the bikes and support their local bike retailers."

TAICHUNG, Taiwan - The temporary closure of Giant's four factories in Kunshan, close to Shanghai, due to the local lockdown restrictions is giving the company a hard time. "It is a hell of job," said Giant Group Chairperson Bonnie Tu in an interview with Bloomberg last Tuesday. And she doesn't expect the situation to improve on the short term.

HAIBACH, Germany - E-bike battery specialist Akku Vision has hit a new milestone by launching two new intube models to its collection. Available in spring 2022, the Bosch compatible intube models will be available in 17.5 Ah and 12.8 Ah capacities.

KOPRIVNICE, Czech Republic - Shimano components for the production of 10,000 bicycles have been stolen during transport from Germany to Czech-based manufacturer Bike Fun International. The truck driver was sent to sleep by gas in a parking lot whilst the important Shimano parts were stolen.

YPRES, Belgium - Minerva Cycling is the new name for all activities of Formula Cycling and Minerva Bike Trading, which have now been combined. Minerva Bike Trading used to focus on distribution to IBDs while wholesalers supply was the core business of Formula Cycling.

The Ever Given container ship that blocked the Suez Canal for six days in March will be released next Wednesday. In recent months, the canal authority SCA and the Japanese owner of the ship have discussed compensation for the damage. Also a large number of

MUNICH, Germany - Registration is now open for the 2023 World Cycling Forum being held on 5 and 6 September 2023. The Conference takes place in Munich, Germany and is organized by the World Federation of the Sporting Goods Industry (WFSGI). Bike Europe is media partner for this leading industry forum.

DOETINCHEM, The Netherlands - The next edition of Bike Europe magazine (number 2/2021) is now available to read online in our digital magazine section. Some of the highlights include the interview with Emilio Lombardo, CEO of Cicli Lombardo S.p.A

JAKOBSTAD, Finland - Finnish bicycle component manufacturer Herrmans Bike Components, also reports exceptionally busy times on the back of the bike boom. In addition to this, the company is in the midst of a bigger organisational development and generational shift as it aims to strengthen its operations for years to come. Investments in people and technology are now a key focus.

MUNICH, Germany - the World Federation of the Sporting Goods Industry (WFSGI) and the IAA Mobility organizers VDA and Messe München have decided to move the date of the World Cycling Forum (WCF) to 6 - 7 September 2021.

The organization of the Sea Otter Europe Costa Brava-Girona Bike Show today announced that the fourth edition of the cycling festival, which was to be held on the weekend of 25-27 September, has been cancelled. The decision was made after new measures set out by the government to contain Covid-19 infections were known.

ROSSANO VENETO, Italy - With the recently announced investment of private investor Pamoja Capital SA in Wilier Triestina, the 1906 founded traditional Italian bicycle manufacturer aims to expand its presence on the world market. How much Pamoja Capital, a family-run Canadian investor based in Switzerland, paid for their minority stake, has not been disclosed.

BRUSSELS, Belgium - Cycling Industries Europe (CIE) has today released the findings of its first Coronavirus Business Impact Survey which show an industry facing multiple challenges, but confident of survival. The m

TAICHUNG, Taiwan -Giant Manufacturing Co, Ltd. announces a new brand structure to consolidate resources and function as a parent company of multiple business units and brands. According to the Giant statement the new strategy implies "To shift from building a strong brand to building a strong brand portfolio".

TAIPEI, Taiwan - At a two-day judging conference for the Taipei Cycle d&i awards 2020 by iF, seven well-known experts from bicycle and design-related industries selected seven winning products for the Taipei Cycle Gold Awards. These Gold Awards winning products will be

NIJVERDAL, the Netherlands - 'Design that makes your smile'. That's how the international jury described the product range of Urban Iki child seats when rewarding it with an iF Gold award this spring.