KYIV, Ukraine - The war in the Ukraine has become very close and personal for Paul Lange Group with the tragic loss of an employee from Paul Lange Ukraine. The 54 year old Shimano sales manager Maksym Andrushenko died on 17 October while serving his country.
ZWICKAU, Germany - Hong Kong-based electronic components giant Johnson Electric Holdings Limited is taking over an 80% majority stake in German drive system manufacturer, Pendix GmbH. Together, they will develop a new integrated mid-motor for bicycle manufacturers that will be launched in 2025.
LYON, France - Eovolt, the French folding e-bike manufacturer, has completed a fundraising of €16 million from venture capital firms Raise Impact and Financière Arbevel. The founders of Eovolt Luca Chevalier and Baptiste Fullen keep a majority share of the company.
FULDA, Germany - The Punjab Government has expressed their gratitude to Büchel Industrie-Holding GmbH for their support in manufacturing bicycles in Punjab and exploring the investment opportunities in the area. Recently a high-level delegation from Punjab visited the company in Germany during which the Prime Minister of Punjab, Bhagwant Mann, joined the meeting via video.
OBERWANGEN/FEHRALTOFR, Switzerland - The speed pedelecs Opium and Stromer ST7 were the high-flyers at this year's Eurobike. With their looks, equipment, performance and price, they set a new benchmark for this league. They have what it takes to become the new status symbol for SUV car enthusiasts. How do the models compare?
FULDA, Germany - This year, German bicycle parts manufacturer, Büchel, is celebrating its 100-year anniversary. A centenary after its foundation, the Büchel Group operates globally in the vehicle parts segment but at its heart is a German family-run business. The company reflects on the past 100 years.
SHANGHAI, China - The 2021 China Cycle show will be moved to another location than the past 5 editions. The 30th China International Bicycle Fair will be held at Shanghai New International Expo Center, the same venue as where the event already took place between 2003 and 2014.
FRIEDRICHSHAFEN, Germany - The annual Eurobike Award will deploy a mix of analogue and digital tools this year, the show organisers have announced. The award process has been adapted in response to the Covid-19 pandemic, which has also seen the physical show date of Eurobike move to November. The digital award ceremony and start-up pitch will now take place on 2nd September a couple of months prior to the physical event.
DOETINCHEM, the Netherlands - Across Europe, countries are taking small steps forwards in reopening their industries. Time to evaluate what impact closures have had on the bicycle supply chain and supported businesses. What steps are European companies now taking and what impact has so far been felt?
BERLIN, Germany - The re-opening of bicycle shops in Germany as announced last night by the federal and state government comes as a big relief for the bicycle industry. As Europe's largest e-bike and bicycle market the restart of retail will be an important indication on how sales will develop when shops will be allowed to open after the Corona crisis in other European countries.
SAINT-JEAN-DE-MOIRANS, France - The French Rossignol Group, owner of Rossignol, Time Sport and Felt, announced a few weeks ago, the opening of a procedure regarding the future of Time Sport. This procedure concerns the carbon frames production and assembling site in Gajary, Slovakia, and the brand's headquarter in Saint-Jean-de-Moirans, France, where the design and marketing departments are located. The group's decision does not include the pedals and shoes activities.
TAIPEI, Taiwan - This morning Taipei Cycle Show organiser TAITRA (Taiwan External Trade Development Council) announces the cancellation of the new Taipei Cycle+ and TaiSPO+ events that were scheduled for 14 to 16 May.
STUTTGART, Germany - The multichannel bicycle and outdoor retailer Internetstores GmbH again reports expanding sales to 373 million euro in 2019. Including 2019, Internetstores claims an average growth rate of over 30 percent per year from 2017 onwards.
PLOCHINGEN, Germany - Increasing pressure by webshops on a sporting goods sector in Germany that's already facing difficulties, make for tough market conditions.
TAICHUNG, Taiwan - Are they looking for an outright confrontation; or does it only seem that way and are the very early 2020 Taichung Bike Week dates prompted by what is now common practice in America; delivering the first series of the new model year in the middle of the sales season?
MILAN, Italy - As one of the best visited events for motorbikes, EICMA Milan is the worldwide leading fair for the world on two wheels, including bikes, motorcycles, mopeds, push scooters and urban mobility solutions.
ULFT, the Netherlands - Bicycle manufacturer Kross is moving the Multicycle production line in the Netherlands to the company's main facility in Poland. Only Multicycle's product development and the production of tandems will remain in the Netherlands.
AMSTERDAM, the Netherlands - Strider Bikes is opening up its European headquarters in the Netherlands. Founded in 2007 in the US, Strider Sports International Inc. is the world's premier manufacturer and distributor of balance bikes.
The 2019 World Cycling Forum addresses the sweeping ramifications of climate change and the role cycling can play in the efforts to limit global temperature increase and greenhouse gas emissions.
The biggest in the bike business like prominent e-bike maker Accell Group, will participate in the World Cycling Forum 2019. In particular as this 2-day International Conference is all about the industry's future.
