CAMBRIDGE, UK - Barclays Sustainable Impact Capital, Mercia Ventures, the Midlands Engine Investment Fund (MEIF) and Green Angel Syndicate have invested £4 million (€3.4 million) in cargobike manufacturer and logistics provider Zedify. Since its foundation in 2015, Zedify has raised a total of £14.1 million (€11.9 million).
FRANKFURT, Germany - The second edition of the networking event for the bicycle industry and eco-mobility experts at Eurobike has been scheduled in the evening after the second Eurobike day and has been renamed Pink Thursday.
TOKYO, Japan - For many years the Japanese bicycle market has been struggling with declining domestic production and imports. During a visit to the headquarters of the Japan Bicycle Promotion Institute (JBPI) in Tokyo, Bike Europe learned why for foreign suppliers in particular - and despite the sluggish market - it would be worthwhile to have a stand at this year's premiere of the new B2B trade fair Japan Bike Show.
SHANGHAI, China - The 32nd edition of China Cycle will take place from 5-8 May at the Shanghai New International Expo Centre the organisers have announced. Hoping to entice back all international visitors and exhibitors to China, the event will have the theme 'New track, new power, new journey.'
KASHIWARA CITY, Japan - The cooperation with former Flyer maker Biketec in Switzerland gave e-bike drivetrain pioneer Panasonic Cycle Technology Co., Ltd. (PCT) an early presence on the European market. Bike Europe got a unique insight into the PCT headoffice and factory near Osaka. Why were the Japanese not so successful in Europe with their extremely reliable drivetrain during the e-bike boom?
BIELEFELD, Germany - Small parts speclialist westphal GmbH has been acquired by Hadi-Plast Group this week. The strategic acquisition marks a milestone for both companies and strengthens their position as major players in their field of business. Information on the take-over amount remains undisclosed.
LONDON, England - Zoomo, the last-mile electric fleet solution provider, is partnering with cargo bike producer Urban Arrow to enhance its hardware offerings. After a trial period, the European partnership will now see Urban Arrow's e-cargo bikes being fully integrated into Zoomo's all-in-one platform.
GROSSHELFENDORF, Germany -Fritzmeier Group, the parent company of niche carbon e-bike manufacturer M1 Sporttechnik GmbH, has fallen victim to a criminal cyber-attack. Production is currently operating in emergency mode. This follows a similar cyber-attack on the Prophete Group, which ultimately contributed to its insolvency.
ALTENBERGHE, Germany - Today bicycle and e-bike manufacturer AT Zweirad reports that on 28 October this year high-end components for their Velo de Ville branded bikes were stolen. About 600 RockShox shocks in addition to some Gates pulleys were taken.
JAKARTA, Indonesia - With the opening of a new two-wheeler factory in Indonesia, Italian two-wheeler giant Piaggio & C. S.p.A. is strategically continuing its international expansion course in Southeast Asia "in a market of growing importance".
KARLSTEIN AM MAIN, Germany - ZF Micro Mobility GmbH is expanding its service location in Karlstein am Main alongside expanding its service capacities. With a 50% increase in staff at the location, the service centre remains the main point of contact for Sachs dealers worldwide.
WELS, Austria - The news has been rumored in the industry for a while, but it has been officially confirmed this week: Pierer Industrie AG has acquired an undisclosed majority stake in renowned German bicycle components expert Syntace. With this, the Austrian motorcycle giant has taken the next step to expand its position in the bicycle industry.
Eurobike organizer Messe Friedrichshafen has decided to reschedule the 2019 show back to the original date: Wednesday, 4 September to Saturday, 7 September. "The request expressed by numerous market players to move Eurobike to a later date in future
LUDHIANA, India - Indianapolis, USA based Deflecto LLC entered into the India bike market by opening a wholly-owned subsidiary Sate-lite Technologies Pvt Ltd. This subsidiary operates a manufacturing plant in the outskirts of Chandigarh, in the North India.
Eurobike as well as Taipei Cycle are reversing their decisions on organizing their shows on earlier dates. Both organizers have announced their 2019 dates which clearly indicate that they are moving back towards their original schedules.
The European Cyclists' Federation (ECF) announces the election of Christophe Najdovski as its new President. He succeeds Manfred Neun who stepped down last
Effective immediately, Pon Bicycle Group CEO and senior vice president of Pon Holdings Armin Landgraf leaves the company. According to a company spokesman,
NEW DELHI, India - Taiwan based Taya Chain is looking at expanding its distribution network on the Indian aftermarket.
Out of the box and radical thinking make start-ups important drivers of innovations, also in the bicycles industry. However, gaining market access is not
Triangles Cycling Equipment has taken the next major step in its launch of aluminum frame production in Europe. After the initial start of the production in
