BRUSSELS, Belgium - The e-bike brand Cowboy has announced a €71 million Series C financing milestone. This new capital injection, bringing the total raised by Cowboy to €107 million, will provide the Belgian company the funds to focus on its 2022 growth themes: 'product design, on-demand services, fitness and customer delight.'
STOCKHOLM, Sweden - Micro fuel cell company myFC has signed an agreement for the development and integration of their technology in e-bikes with a global leader in bicycle and e-bike systems from Japan. myFC is not willing to disclose the name of their partner.
SAN VITO AL TAGLIAMENTO, Italy - Xener (a division of Atex industries) holds a long track record in the production of electronic components like circuit boards for countless applications. When market opportunities arose, Xener took the chance to start the production of modern lithium-ion batteries
E-bike connectivity is an area that is revolutionising the bike industry at a rapid pace. With the 2nd generation of the BikeTrax tracking system, PowUnity will take e-bike communication a decisive step forward in 2022.
MATTIGHOFEN, Austria - KTM Fahrrad GmbH is currently investing to generate further growth. The Austrian e-bike manufacturer is focusing on making its production more modern and sustainable. With significant corona tailwind driving e-bike sales, more than €30 million will be spent in this phase of investment.
ZURICH, Switzerland - Indian mobility group TVS Motor has invested €15.3 million to obtain 80% of the shares of the Swiss e-mobility company EGO Movement. Founded in 2015, the company operates 11 stores in Switzerland, Germany and Liechtenstein and claims a
MUNICH, Germany - BMW chose IAA Mobility as the best platform to present their BMW i Vision AMBY, their first high-speed pedelec for urbanists. For BMW, it is a visionary two-wheeled solution for the urban mobility of tomorrow.
With COVID-19 pandemic in place, wholesome innovation has seemingly slowed down in the world of e-mobility, and global manufacturing companies have been more focused on optimization and economic product solutions. LEADER 96 Ltd is following the trend, building on full customer satisfaction, indisputable quality and affordability being the main features of this year's collection of e-bikes.
TREVIGLIO, Italy - Bianchi has extended its Lif-e Electric Intelligence Program with the new E-Omnia e-bike platform covering city, tourer and mountain bike types. The Italian high-performance brand, generally known for their sports bikes only, has unveiled eight models across the three different types in what it calls "a significant step forwards in the electric revolution."
PARIS, France - Velco, the French company who focuses on OEM components for bike and e-bike connectivity, has raised €5 million in funds. These funds will be dedicated to "staying ahead of the competition" and developing the sales outside of France,
TAMPERE, Finland - The manufacturer of intelligent e-bike drive systems expands its market presence within Europe with the opening of a German subsidiary. Uwe Daniel, Vice President of Sales at Revonte, will be the CEO of Revonte Germany GmbH.
EINDHOVEN, the Netherlands - E-bikes were once a rare sight on the roads and cycleways of Europe. They are now becoming more and more common, as e-bike attitudes and awareness shifts. 17% of people in Europe say they are more likely to buy or use an e-bike this year, compared to the last twelve months, with 8% already owning one. Thanks to corona the e-bike revolution has developed a new momentum.
PARIS, France - The French market has recorded a new increase in bicycle sales in 2019 according to the French Bicycles Observatory published by the Union Sport & Cycle. Last year, the market reached a total of 2.329 billion euro, an increase of 10 percent. Bicycle sales represented 1.502 billion euro (+12.6 percent) for 2,652,099 units (- 2 percent), including 388,100 e-bikes. The P&A segment also increased with a turnover of 827 million euro (+ 5.9 percent). Thanks to the augmentation of the e-bike market, the average price is still growing at 566 euro compared to 493 euro in 2018.
DOETINCHEM, the Netherlands - Earlier this month this trade journal posed the question "How Big is the Biggest in E-Bikes?" That we asked this question was triggered by Giant. Last October the biggest maker of Taiwan announced that it would sell 600,000 e-bikes this year. We had our doubts on that huge number.
TALINN, Estonia - Driven by high demand for internet-of-things (IoT) devices for electric scooters and bikes Comodule recently opened its own factory near its headquarters in Tallinn, Estonia. It enables the company to produce up to 20,000 telematics devices per month.
BRUSSELS, Belgium - Last year a total of 436,549 new bicycles were sold in Belgium through IBDs; up 30,000 (+7.5 percent) compared to the total of 2013. ...
OSLO, Norway - The 2014 sales season has been a long and successful for the Norwegian bicycle market. While 2013 was hampered with a long and cold ...
OAKLAND PARK, Florida. - Public held development company PayMeOn Inc and Prodeco Technologies LLC signed a letter of intent which stipulates that ...
HOLLY RIDGE, USA - With a population of more than 316 Million people, buying about 15 million normal bicycles most years, and a demographic that is ...
FRIEDRICHSHAFEN, Germany - Two remarkable presentations today at Eurobike signal the growing importance of design in the bicycle industry. The Frenchman ...
