TAICHUNG, Taiwan - As the country's first bicycle manufacturer, Giant Group has been honored with the bronze award at Taiwan's 6th National Enterprise Environmental Protection ceremony. Phoebe Liu, Chief Branding Officer of Giant Group, accepted the award on behalf of the company.
CHANGHUA, Taiwan - Merida Industry Co. Ltd. Has enlarged its majority ownership in its German distributor Merida & Centurion Germany GmbH (MCG), which is managed and owned by German industry veteran Wolfgang Renner.
LONDON, UK - BP subsidiary Castrol has invested €46.7 million in the battery-swapping ecosystems provider Gogoro. Castrol, a global leader in lubricants, recently announced a new strategy and wants to focus on the changing market demand in view of the expanding electric mobility market.
TAIPEI, Taiwan - "Hard times are also a good time to prepare exciting future products and tech from across the industry," Robert Wu, Chairman of the Taiwan Bicycle Association (TBA) told Bike Europe last September. With this message of hope the island nation is hoping for better times as a premium supplier for the bicycle industry. The Taipei International Cycle Show is always a good moment to update the market situation, but this year 'Taipei' prepares the business to become a 'better' industry and put its focus on sustainability and other ESG topics.
TAIPEI, Taiwan - The opening of Taipei Cycle Show 2024 is approaching quickly. The current condition of the market continues to be a source of concern for parts and component manufacturers. Is the industry ready again to look into the future with confidence and open for new business? The Taipei Cycle d&i Awards 2024 will kick-off the event showcasing the latest innovations.
CHANGHUA, Taiwan - The sparse numbers reported by Merida Industry Co, Ltd. clearly indicate that its 2023 export position is in decline compared to 2022. The bicycle manufacturer posted a single-digit sales decrease and a double-digit drop in profit for the first half of 2023.
TAIPEI, Taiwan - Due to the increased demand from its customers for e-cargobike chassis, frame builder A-Pro Tech Co. Ltd. has set up its own production line dedicated to cargobikes in Taiwan.
CHANGHUA, Taiwan - Product availability gave Tektro TRP a huge hike in demand for its bicycle components and brakes during the pandemic. The growing significance and quality made Tektro TRP an important partner for the ABS system of Bosch. But Tektro TRP had more in the pipeline as shown last week at Taipei Cycle Show.
COPENHAGEN, Denmark - The European Commission has a role to play in formulating cycling policy. This was acknowledged by the Executive VP of the European Commission Frans Timmermans. "We must support more and new measures to grow cycling in Europe," he said.
BRUSSELS, Belgium - European Union finance ministers agreed on 7 December to change EU rules so that they can cut the Value Added Tax (VAT) on goods and services linked to fighting climate change and health protection. This includes bicycles.
CASSELLA D'ASOLO, Italy - Selle Italia is forecasting a 40% growth in the coming years as the market adapts to close to market sourcing. The saddle manufacturer has also introduced a new production process named Green-Tech. Developed by its Chairman Giuseppe Bigolin, this allows "the manufacture of low environmental impact, eco-friendly products that are quick to produce at competitive prices".
TAIPEI, Taiwan - After nearly a month of virtual exhibitions, business meetings and forum discussions, Taipei Cycle Online has now drawn to a close. Organisers, TAITRA, report that the online format attracted many new exhibitors, but a "physical trade show is irreplaceable". Plans are now in full swing for just that in 2022.
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.
MADRID, Spain - Jesus Freire, business development director of ECF has been named as the new secretary general and treasurer of the Spanish bicycle industry association, AMBE. He will succeed Carlos Núñez who stepped down earlier this year after seven and a half years in the role.
BRUSSELS, Belgium - The corona pandemic has caused an immense spark in bicycle purchases and usage. This has resulted in a huge supply chain constraint recognised by the international e-bike and bicycle industry. On 2 December they will share their vision during a webinar for a structural and sustainable growth for the bicycle industry.
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.
