TAICHUNG, Taiwan - In the first half of 2023 Taiwan's leading bicycle producer Giant Group generated a total consolidated revenue of TW$ 42.58 billion (€ 1.22 billion), a year-on-year decrease of 5.4%.
FRANKFURT, Germany - An industrial nylon yarn for bicycle tyre casings made from recycled fishing net plastics from the sea, this is the concept of Taiwanese specialist Formosa Taffeta. As brands and manufacturers look for more responsibly sourced materials for their products, the company can already count Maxxis as a client, with more top tyre brands following suit.
TAICHUNG, Taiwan - In its first sales quarter of 2023 Taiwan's third-largest bicycle producer Ideal Bike Corporation brought in total sales of TWD 1.11 billion (€33.46 million). This is a slight decrease of 1.8%, compared to the first three months of last year. However, losses were also incurred on these sales.
Goodyear is expanding its presence in the bicycle tyre industry with a manufacturing facility in Taiwan and a focus on OEM partnerships. Through a licensing collaboration with Rubber Kinetics Corp., Goodyear Bicycle Tires is becoming a leading brand in the global bicycle tyre segment.
CHICAGO, USA - The announcement in February to build a new factory in Taiwan confirmed SRAM's commitment to their largest production base. With the investment, SRAM is expanding its capabilities and capacity in Taichung. A week before the opening of the Taipei Cycle Show, SRAM CEO Ken Lousberg elaborates on their choice for Taiwan and his market outlook for the months ahead.
Velo started operations in their new Vietnam factory in October 2022. Located in Protrade Industrial Park just 20km from Ho Chi Minh City, this area is close to numerous bike related companies. The brand new 280,000 square metre facility has the capability to produce a full range of Velo products, including saddles and grips.
TAIPEI, Taiwan - From January to July 2022, the export value of Taiwan's bicycle, e-bikes, and bicycle parts reached $5 billion (€5 billion), with a year-on-year growth of 29%. Notably, the growth of Taiwan's e-bike exports has surpassed bicycles. For the Taiwan External Trade Development Council (TAITRA) time to rebrand the Taipei Cycle in 2023.
TAIPEI, Taiwan - This morning, the 2022 edition of Taipei Cycle has begun together with its virtual counterpart Taipei Cycle DigitalGo. Over the past two years Taiwan's bicycle industry made a massive transformation to e-bikes and is now fully focused on serving the rapidly changing global market.
TAIWAN, Taipei - Clever Standard creates simple tools to assist novice riders while out on the road. With a focus on eco-minded products, the company's latest CO2ool range focuses on making full or empty CO2 cartridges available for multiple uses. Prototypes were presented during the physical Taipei Cycle show in March 2022.
TAIPEI, Taiwan - A new portable tyre repair capsule package made by Krönyo bears a customised brand name or logo and is available in up to 12 selectable colours. The tyre repair tool kits are manufactured via an automated machinery approach with a one-stop service including R&D, production, manufacturing, packing, and shipping in Taiwan.
TAIPEI, Taiwan - On 23 June, Taiwan's e-motor scooter pioneer Gogoro Inc. and electronics giant Hon Hai Technology Co, Ltd., better known as Foxconn, signed a memorandum of understanding for a strategic technology and manufacturing partnership.
TAICHUNG, Taiwan - Strong global market demand for e-bikes and bicycles continued in the first quarter of this year. Taiwan's largest producer Giant Manufacturing Company Ltd. reports record sales and net profit for the first sales quarter of 2021. Also, Merida Industry Co., Ltd. benefits from high demand for e-bikes.
BARCHFELD, Germany - Wittkop GmbH, a subsidiary of the Büchel group took over the Italian saddle manufacturer Selle Esse, on May 1, 2021. With this takeover, the company aims to strengthen and expand saddle and saddle parts production in Germany, especially in Zella-Mehlis and Barchfeld in Thuringia, as well as in Bassano, Italy.
Six Taiwan Excellence Award winners from the bicycle industry will showcase their most innovative products on March 25 on Taiwan Excellence Youtube Channel. The event will be jointly held by Taitra, the foremost non-profit, semi-governmental trade promotion organization in Taiwan, and the Bureau of Foreign Trade, Ministry of Economic Affairs in Taiwan.
PARIS, France - To face the huge problem of bicycle theft in France, the French Government has, since January 1st, 2021, passed a law which imposes the mandatory marking of all new bikes sold in a store or on the Internet. This law will be extended to second-hand bikes sold in retail shops from July 1st.
BRUSSELS, Belgium - Eurostat import figures for the first four months of 2020 clearly point to the fact that the impact of COVID-19 on e-bike imports in the EU-27 countries is limited to a small decline of less than 3%. Notwithstanding the supply chain constraints and even order cancellations, these latest statistics once again mark the importance of the e-bike for the industry.
TAIPEI, Taiwan - Taiwanese bicycle manufacturers are reporting a rebound in sales in overseas markets since some countries began easing their COVID-19 lockdown measures. Giant and Merida have both announced increased sales, with the former announcing that the long-awaited plant in Hungary will soon open to help meet demand.
PARIS, France - From next September onwards, a new regulation will come into force in France which applies to the use of electric step-scooters.
TAIPEI, Taiwan - Last week's Taipei Cycle made abundantly clear that there's a turnaround taking place in Taiwan. The island's industry is turning to e-bikes and their export to the EU. It's prompted by the anti-dumping duties now in place for e-bikes exported from China to Europe.
BRUSSELS, Belgium - The last Thursday published "General Final Disclosure Document" on "Case AD643 - Anti-dumping proceeding concerning imports of electric bicycles originating in the People's Republic of China" brings to light the motivations that lead to the European Union's intention to impose high dumping duties on e-bikes from China.
