Belgium IBDs Positive on Market Prospects
KORTRIJK, Belgium - The lack of reliable market data made Velofollies show organiser Media Surplus decide to do a survey among Belgium IBDs. The results ...

KORTRIJK, Belgium - The lack of reliable market data made Velofollies show organiser Media Surplus decide to do a survey among Belgium IBDs. The results ...

BRUSSELS, Belgium - Empty warehouses and low inventory limited bicycle and e-bike sales volumes in Belgium last year. According to the national industry organisation Traxio there was great interest in cycling last year but the market increase was only 4% as there were insufficient products available.

VICENZA, Italy - Selle Royal has unveiled a new proprietary technology that allows waste materials to be repurposed as padding for bicycle saddles. The Italian saddle manufacturer plans to debut the innovation, named the Stracciatella, on its Lookin and Lookin Evo saddles, in addition to the Essenza saddle for the OEM market.

Selle Italia presents its new GT-1 saddle dedicated to urban mobility and commuting. A lightweight, comfortable and eco-friendly solution.

CHANGHUA, Taiwan - Compared to the first sales quarter of the previous year, Taiwan's second-largest bicycle manufacturer Merida Industry Co., Ltd. has had to digest a hefty 29.8% sales drop to TWD 5.86 billion (€167.78 million) in the first three months of the current 2024 financial year.

An (e-)bike manufacturer that has its own factory facilities, machinery and production line, using sustainable and renewable energy as its power source. With complete quality management and working procedures, operated by an experienced founder and technical experts. Lekuma Technology, located in Taiwan, specialises in the design and development of cutting-edge mobility solutions that enhance people's lives by having a firm focus on lowering carbon emissions.

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%.

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.