TAICHUNG, Taiwan - For fiscal 2020, the country's largest bicycle manufacturer Giant Group reports a 10.3% year-on-year sales increase to TW$ 70.01 billion (€2.08 billion). At TW$ 4.95 billion (€147.29 million), profit after tax was even 46.7% higher than the previous year.
POZZOLEONE, Italy - The sole shareholder of Selle Royal, DEC Holding S.p.A., and Wise Equity announce the signing of an agreement for the purchase of 33% of Selle Royal's share. This agreement opens the way for Selle Royal to accelerate its expansion in line with the strategy laid down by the shareholders and management.
TAIPEI, Taiwan - Taipei Cycle opened its virtual doors yesterday for a fully online version for the first time. Bike Europe and the bike dealer magazine for the Netherlands and Belgium, Tweewieler will be on hand at this year's online edition of Taipei Cycle.
TAIPEI, Taiwan - In the first half of this year, Taiwan increased its e-bike exports to 410,000 units or 21%. Export values of e-bikes reached NT$523 billion, on par with regular bikes which stood at NT$583 billion.
TAIPEI, Taiwan - One of the show visitors aptly expressed the current market situation as reflected by last week's Taipei Cycle. He said, "There are hardly any mechanical bikes left to see here." As expected Asia's biggest B2B show was all about e-bikes.
LONDON, UK - Whilst the London Bike Show, just held from 29 - 31 March, is not as big as the Cycle Show in Birmingham, it reflects the huge strength of commuter cycling in London.
BRUSSELS, Belgium - It's now almost certain; anti-dumping duties on e-bikes imported from China will be officially imposed next January. It looks like the last obstacle for the up to 79.3% extra duties being installed, has been overcome.
RENO, USA -Yesterday, Interbike organizer Emerald Exposures announced the cancellation of the 2019 edition of America's leading bicycle show. "The past four years have been difficult for the U.S. bicycle market," says Darrell Denny, Executive Vice President of Emerald Expositions' Sports Group.
AGUEDA, Portugal - The launch of the Bike Valley Portugal in 2016 marked the start of a whole series of initiatives to promote the bicycle industry in and outside the country. Like at Eurobike where the Portuguese bike industry is presented for the first time in a joint booth in Hall A3 at stand 310.
While the bicycle market is in a positive mood thanks to growing demand for e-bikes in Europe and Germany in particular, the biggest bicycle show on earth did not manage to keep up the number of visitors. The reason for the decline in the number of Eurobike
GAND, Belgium - Currently 21 importers of electric bicycles from 7 EU member states (the number is still growing) have joined forces in the "Collective
MILAN, Italy - Once one of the leading bicycle (and motorcycle) shows in Europe, the EICMA, returned to its roots as the bicycle
E-bikes have a greater potential, in addition to the known benefits of cycling, but up until now they were excluded from most of the electromobility
The addition of a fifth location, the Lin hotel was a clear sign that the Taichung Bike Week is still growing compared to previous editions. The event
VEIJLE, Denmark - While Eurobike announced an additional public show, the Danish industry show Cykel & Knallert Messen (CKM) will become an industry only event as of 2016. It will focus exclusively on servicing the bicycle industry and not on the public any longer.
TAIPEI, Taiwan - At the Taipei International Cycle Show which had its second day today and still has two more to go, a cooperation came to light between a renowned e-bike battery supplier and Bafang and Brose. The company is called Hi-Tech Energy and turns Bafang and Brose into a complete drive system supplier for taking up the competition with (among others) Bosch, Panasonic and Yamaha.
TAIPEI, Taiwan - "To keep up the competitiveness of our bicycle industry in international markets we have implemented the 'Taiwan Bicycle Industry Standard' based on ISO 4210", said GM Chen Liang of the Cycling & Health Tech Industry R&D Center during the Taipei Cycle Show last week.
BRUSSELS, Belgium - The European Bicycle Manufacturers' Association (EBMA) had filed an appeal on the cancellation of Giant China's dumping conviction. Tomorrow is the deadline for the appeal period. During the appeal period the 48.5% anti-dumping duty imposed on bikes made by Chinese producers including Giant China and imported into the EU will stay in place.
TAIPEI, Taiwan - The 2016 edition of Velo-city Global in Taipei will host two Industry Days where insiders such as Anthony Lo from Giant and John Burke from Trek will discuss the economics of cycling, the role of advocacy in growing the market and why we need successful policies to increase sales for everyone.
TAIPEI, Taiwan - Because of the slump in demand for high-end sports bicycles in China, which is affecting Taiwan's industry, manufacturers are turning to Europe. And even to such extent that it prompted the European Commission to warn the Taiwan government that Chinese-made bicycles are being exported to Europe via Taiwan.
