Accell Groups Shares Included in Small Cap Index
HEERENVEEN, the Netherlands - Ten years after the introduction of the company on Euronext Amsterdam, Accell Group N.V. is to be included in the ...

HEERENVEEN, the Netherlands - Ten years after the introduction of the company on Euronext Amsterdam, Accell Group N.V. is to be included in the ...

After the successful introduction of the Hgoggle rear light last year, Herrmans will introduce the high version of this model, the Hgoggle XI, at ...

BERLIN, Germany - A new battery-swapping service and matching e-bike fleet will soon be debuting on the streets of Amsterdam and Berlin, according to a press release by Enyring. The Yamaha subsidiary, established in December 2023, aims to be one of the first to introduce a battery-swapping service in Europe - and it's adding its own e-bike fleet to complement the service.

TAIPEI, Taiwan - Human rights have become a key issue in industrial practices, progressing from a moral inclination to a regulatory necessity. This change is also taking place in the bicycle industry. The issue came to the forefront earlier this year when allegations of mistreatment of migrant workers in the Taiwanese bicycle industry surfaced. The Taipei Cycle show in March offered Bike Europe the opportunity to take stock of what is currently at play in Taiwan.

BRUSSELS, Belgium - E-bike brand Cowboy has fully moved its e-bike assembly operations to France. In a strategic nearshoring move, the partnership with Rebirth Group subsidiary ReCycles aims to reduce delivery times, and strengthen customer support as the brand seeks to meet demand for its e-bikes across Europe.

LUXEMBOURG, Luxembourg - An investigation into suspected large-scale customs fraud related to the import of e-bikes from China is being led by the European Public Prosecutor's Office (EPPO) in Rotterdam, The Netherlands. In this latest case where the e-bikes are known to have entered the EU via Poland, the unpaid duties add up to an estimated loss of €1.8 million.

LONDON, England - Following a public consultation process, the UK's Department for Transport has decided against implementing new legislation for e-bikes in the country. Under discussion were raising the maximum continuous power classification of e-bikes from 250 watts to 500 watts and allowing throttle assistance up to 25 km/h on e-bikes without the need for type approval.

MUNICH, Germany - A premium pre-owned marketplace for bicycles is one thing, but Buycycle is now going one step further with the launch of a full range of pre-owned bike components on its platform. This move aims to fill a gap in the second-hand cycling market, making it easier for cyclists to buy and sell essential parts, the company states.

TAICHUNG, Taiwan - Renowned Taiwanese bicycle component manufacturer Glory Wheel Enterprise Co., Ltd. (GW) has acquired the bicycle accessory brands, Spank Industries and Fratelli Industries. Through the acquisition the Taiwanese aims to reinforce its position in the high-end bicycle components market. Financial details of the acquisition have not been disclosed.

FRANKFURT, Germany - Despite reports of ongoing high inventories in the market, German trade organisation, ZIV, presented an optimistic outlook during a market update on the day before Eurobike fully kicks off in Frankfurt. "Sales of e-bikes remain at a high level, and the overall market situation is characterised by healthy consumer demand," ZIV managing director Burkhard Stork stated when advocating the significant growth potential for the industry.

COLOGNE, Germany - The former igus:bike of the German plastics specialist has been renamed RCYL ready for market launch. On display at Eurobike, the bicycle is made from 50% recycled fishing nets and requires zero lubrication for the moving components. RCYL is now entering series production in a new facility in Cologne, with igus aiming to produce 5,000 bicycles by next season. Additionally, the company is expanding its bicycle component business including the first injection-moulded polymer bicycle frame for Advanced Bikes.

FRANKFURT, Germany - ZF Group will present its new 48-volt drive system for e-bikes for the first time at Eurobike. Including all components of the 'ZF Bike Eco System', the core component is the ZF 'Centrix' drive unit with an ultra-compact, 90 Newton meter mid-motor. Raymon Bicycles is a launch partner with an e-MTB specified with the drive system expected in spring 2025.

COLOGNE, Germany - As the first bicycle industry company in Germany, ZEG has successfully been recertified by European sustainability auditor, EMAS. The bicycle dealer cooperative Zweirad-Einkaufs-Gemeinschaft (ZEG) has demonstrated the role that environmental management has played at its headquarters in Cologne. This is also to become more important in ZEG's member companies across Germany.

AMSTERDAM, the Netherlands - E-bike component manufacturer, enviolo has appointed a new CEO. Ed Cully has succeeded inaugural CEO David Hancock and assumed his new responsibilities as of April 8th. Hancock will transition to a non-executive role, joining enviolo's board of directors.

TAIPEI, Taiwan - Registration has opened for the WBIA Sustainable Supply Chain Principles Event at the Taipei Cycle Show. Being held on 6 March, the event will bring together WBIA members, companies, and other stakeholders in the bicycle industry.

KORTRIJK, Belgium - Full halls, wide smiles, and positive energy… the mood at Velofollies in late January was in stark contrast to many of the reports recently published on Bike Europe. The annual event for the Benelux market with sold out exhibition space, new product releases and notable optimism seemed to disguise the many uncertainties in the current market. However, "2024 will not be a year for taking risks," one exhibitor confirmed.

ZEIST, The Netherlands - Corporate Social Responsibility (CSR) reports are becoming a more regular occurrence from companies operating in the bicycle industry. The annual publications detail a company's sustainability efforts to its internal and external stakeholders.

LONDON, England - An increase in e-bike battery fires in the UK has prompted a call for new legislation to mandate the safety of e-bike batteries including third party approval. In response, two cycling industry trade bodies in the UK have joined forces to issue guidance sheets for the industry and called for stricter enforcement of product safety for products supplied to the UK.

LYNGE, Denmark - Since January 1st, 2023, all Argon 18 bikes destined for the European market have been assembled at the company's European headquarters in Denmark. The Canadian brand is also broadening its retail network by offering direct to retail sales in the UK. Other European markets are expected to follow.

ASCOT, UK - Frog Bikes, the British manufacturer of children's bikes, is taking significant steps to reduce its carbon emissions by incorporating 25% post-consumer recycled aluminium into the production of bike frames and forks. The move is expected to decrease carbon emissions by 5.8% per bike, equivalent to approximately 28.8 kg of CO2 per bike.