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.

PARIS, France - After a 2024 edition held in Toulouse, the professional bicycle trade show Pro Days returned to the French capital from July 6 to 8, 2025, at Paris Expo, Porte de Versailles. This edition, taking place in a still uncertain market context, managed to win over some exhibitors while also revealing certain weaknesses.

德國，慕尼黑（MUNICH）－儘管全球經濟陷入停滯、諸多衝突未解、地緣政治局勢動盪，2025年第一季股市仍持續走強。不過，美國總統川普接著帶來變數，掀起一波全球貿易戰。這場關稅衝突不僅打亂現有的全球經濟秩序，也對金融市場造成衝擊，股市如雲霄飛車般跌宕起伏。這位高喊「美國優先」的領導人，投資人對其難以預測的作風反應不一，就長期來看，或許對歐洲有益。本篇文章將帶讀者一覽自行車上市公司在2025年上半年的表現。

義大利，維洛爾巴（VILLORBA）－Cicli Pinarello正在上海設立全新子公司，直接經營正在成長的中國市場。Pinarello China Ltd是該集團第五間直營子公司，其他子公司分別位於美國、英國、瑞士及南非。

德國，魏登（WEIDEN）－電動自行車市場在過去10年間不斷成長，帶動不少新品牌及供應商加入。其中一間為德國MSA，是Kymco在德國及捷克長期配合的進口商，並以此聞名。摩托車與電動自行車市場上的難題，導致該公司進行重整，並決定退出電動自行車及自行車市場。

台灣，台中－AD-II Engineering宣布開設全新工廠，擴大對員工及生產技術的投資。新廠的五層倉儲系統將進一步簡化Microshift變速系統零件的製程。該公司尚未公布新廠的正式投產日期。

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.

Yamaha launches its most advanced and innovative generation of e-bike systems to date. The PW-Link system features a fully integrated and interchangeable lineup of drive units, batteries and displays.

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.

TAIPEI, Taiwan - The anticipated market recovery continues to be slow according to the latest e-bike export figures from Taiwanese customs. In Q2 86,000, units were exported from Taiwan, 18% less than the same period in 2024. The export value which had grown 7% in Q1 year-on-year, also dropped 17% to €150 million in Q2, the lowest amount in the second quarter since 2018.

SHANGHAI, China - The deflationary tendency of the Chinese Renminbi in combination with the global trade war put pressure on the export-oriented industries in price terms. For China Cycle Show 2025 reason enough to highlight the theme 'New quality productivity for the shared future' for the 33rd edition earlier this year.

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.

VILLORBA, Italy - Cicli Pinarello is opening a new subsidiary in Shanghai to directly manage its operations in the growing Chinese market. Pinarello China Ltd will be the group's fifth directly managed subsidiary, joining existing operations in the United States, United Kingdom, Switzerland, and South Africa.

BRUSSELS, Belgium - CEO of Cycleurope AB Tony Grimaldi has been the president of Cycling Industries Europe (CIE) since the start of the advocacy organisation. CIE is entering an all-new chapter with the announced merger with the Confederation of the European Bicycle Industry (CONEBI). Few were more involved in European cycling advocacy at various political levels and within nearly all industry organisations than Tony Grimaldi.

BRUSSELS, Belgium - Company bike leasing (CBL) has demonstrated the success of salary conversion schemes in boosting e-bike sales. In Germany alone, approximately 2.1 million e-bikes have been sold through leasing over the past decade. This approach could serve as a blueprint for the entire of Europe to regain market momentum. However, before that can happen, national industry associations will need to advocate for suitable tax facilities with their governments.

With offices in Asia, North America and Europe, Chogori has been expanding its international presence to support existing and prospective clients. As e-bike design and functionality evolve, the company is strategically positioned to support OEMs and system providers with both high quality, standardised cable assemblies and fully customised connection solutions for the next generation of e-bikes.

荷蘭，海倫芬（HEERENVEEN）－Accell Group營收受到大幅折扣促銷影響，從2023年12.94億歐元降至2024年10.03億歐元，年減22%。該公司表示，其表現嚴重受到多項一次性項目影響，市況依舊嚴峻。

台灣，彰化－自行車市場久候的復甦跡象已日益明顯。業界龍頭對前景預測仍保守，不過已出現更多正面訊號，這一點明顯見於6月底舉辦的Eurobike。Merida Industry 2025年上半年財報，加上其「逐步擴大電動自行車產能」的聲明，顯示出該公司正重拾對未來的信心。

美國，芝加哥（CHICAGO）－SRAM在開發傳動系統、試圖改善下坡性能的過程中，接觸到爪盤製造商Ochain。SRAM產品經理Flynn George表示：「在我們得知他們產品的性能後，我們便決定收購該公司。」該次交易金額未公開。