INNSBRUCK, Austria - US digital marketing and e-commerce strategy agency, CrankTank, is expanding its services to Europe and has opened an office in Innsbruck, Austria. This expansion will enable them to better serve both their US and European brand partners in e-commerce strategies. Susanne Pfrengle has been appointed as managing director of CrankTank Europe.

VILLENEUVE D'ASCQ, France - Decathlon, known for its development of mid-end e-bikes and bicycles, has added an e-bike with automatic transmission to its range. "This is not just a bike. It's a statement of innovation and design that is set to change what we know about cycling," the French retail giant states.

BRUSSELS, Belgium - Direct to consumer e-bike brand Cowboy is increasing its offline footprint to offer additional retail and service solutions for new and existing customers. With the launch of its Retail Partner Network, the brand aims to partner with 300 IBDs in 60 cities across Europe by the end of this year.

TAICHUNG, Taiwan - E-bike system manufacturer, Hyena has released their lightest drive system, the E-Road Air. Weighing only 3.2 kg, the smart hub drive system unit designed for lightweight performance bikes, was showcased at Taipei Cycle 2023.

WASHINGTON, US - Imports continue to dominate the US bike market, with China being the largest source of imported bikes. Although the import market share rose slightly last year, the actual number of imported units dropped 33% last year as American consumers cut back on spending. Although not yet meeting their potential, e-bikes are increasing their presence on the market.

SUZHOU, China - At this year's Taipei cycle show, Chinese battery manufacturer, Phylion took the opportunity to show its new self-developed flagship battery cell models, the Golden Brick Version 30110 and 19118 Battery Cells, and the first generation of its weather resistant Sodium-ion battery cell. The manufacturer predicts this could bring in a new era for e-bike batteries.

OBERWANGEN, Switzerland - Speed pedelec manufacturer, Stromer had a successful year in 2022 despite a complex year for the bike industry. With global sales up 17% the company is looking positively to 2023 and again has set a goal of double-digit growth. Personnel changes are being made to support this ambition.

HAIBACH, Germany - Battery manufacturer Akku Vision GmbH has acquired 51% of its supplier in the field of battery management systems, the company jvi gmbh. The acquisition came into effect on 1st July 2022.

HOLZWICKEDE, Germany - Finnish bicycle component exporter, Herrmans Bike Components Ltd has established a new German subsidiary, Herrmans Bike Components GmbH. Having had a presence on the German market since 2007, the company calls it "a natural continuation and reinforcement of the company's long-term commitment and presence in Germany."

TAICHUNG, Taiwan - Some of the biggest players from Taiwan's bicycle industry are joining forces in an alliance to focus on reducing the carbon footprint in the bicycle industry supply chain. With over 30 members already signed up, Giant Group is inviting more to come forward.

OBERWANGEN, Switzerland - Under a slogan of 'Here to Change', Stromer is entering a new era. Change is certainly in full swing; under new private equity ownership, the Swiss speed pedelec brand has a new Co-CEO management to lead its mission to get people out of cars and onto alternative mobility. First the company has to navigate bumpy market conditions, supply chain issues and regulatory hold-ups.

STOCKHOLM, Sweden - myFC, the Nasdaq listed company which was active in micro fuel cells and hydrogen has filed for bankruptcy. This a turnaround from earlier this year when the company made headlines in the e-bike industry press with an eye-catching partnership.

GOTHENBURG, Sweden - Swedish e-bike manufacturer, Ecoride, is relocating its e-bike production from Poland to a new factory in Gothenburg, Sweden. Alongside reshoring the factory, a deputy CEO has been appointed to oversee the company's growth.

PHNOM PENH, Cambodia - Cambodia earned $505 million (€505 million) from bicycle exports in the first six months of this year, the country's Ministry of Commerce has announced. This is a 104% increase compared to last year. Besides high demand, a new investment law and influential trade rulings are cited as reasons for the growth.

HANGZHOU, China - HMI display manufacturer Velofox, presented the newest releases from its DM Series during Eurobike in July. With a range of 10 models varying in size and offering colour or high contrast black and white displays, the company offers a solution for all biking categories from e-cargo to e-road.

SUZHOU, China - Seekrun designs a wide range of display products with varying screen types, sizes and accessories which can be customised. During Eurobike, the company's newest model, the A1 hub drew the most attention.

FRANKFURT, Germany - Cargo bikes have gone from niche to mainstream since the introduction of the City Changer Cargo Bike (CCCB) project which was commissioned in 2018. The project which aimed to exploit the limitless potential of cargo bikes, promoting their usage amongst public, private, and commercial users, is now coming to an end. The findings will be presented during a conference during Eurobike.

OLDENZAAL, the Netherlands - Italian tyre manufacturer, Vittoria, inaugurated its new north Europe headquarters in the Netherlands last week. The new strategically-located facility also houses the revamped factory of niche-market hand-made cotton trye manufacturer A. Dugast which the Vittoria Group acquired last year.

Suzhou, China - E-bike drive system manufacturer, Bafang, has introduced its new M510 mid-motor, the successor to the M500. Designed to be stronger and lighter, the mid-motor is geared towards the e-MTB market. Due to in-house component sourcing, Bafang states that the motor has a delivery time of 60-90 days.

SUZHOU, China - At a total investment of RMB 5 billion (€725 mln), Phylion has signed an agreement for the building of a 16GWh Power Battery Project in Yancheng in the Jiangsu province. The entire production line will adopt the most advanced production equipment.