TALLINN, Estonia - To reduce the number of missing e-bikes and gain insight into product performance, bike-subscription company Swapfiets has started using Comodule's IoT solution. Known for their blue front tyre, Swapfiets claims some 260,000 members across nine countries and 60 cities in Europe.
OSAKA, Japan - Economic sanctions imposed on Russia by Western nations have created global energy shortages and a sudden rise in raw material prices, putting downward pressure on personal consumption, reports the Japanese components manufacturer in its Q1-2022 financial statement. Nevertheless demand for bicycles is still high according to Shimano.
ZEIST, The Netherlands - Incase it didn't arrive on your doormat, the February edition of Bike Europe magazine (issue 1/2022) is now available to read online in our digital magazine section. Read about the impact of Specialized's move to roll out a global D2C sales strategy and Davide Campagnolo's view on the supply chain bottlenecks.
Not only Leader Fox, but many other manufacturers around the world are betting on the increasingly visible Asian S-Ride component brand in these problematic times for component supply.
TAICHUNG, Taiwan - The strong demand for bicycles and e-bikes worldwide bring fully booked production facilities for Taiwan's leading bicycle producer Giant Manufacturing Company Limited. For Giant e-bikes are the main sales driver.
ROSSANO VENETO, Italy - Wilier Triestina's investment programme in both regular and e-bike MTBs seems to pay off. The well-known Italian brand has reported an increase in sales and profit during the first half of this year. The company expects to generate a turnover of €65 million this year.
WAMBRECHIES, France - Specialised in e-bike manufacturing, the French brand O2Feel has strengthened its position with a new shareholder, Naxicap Partners. The private equity firm has taken a majority stake in the company, but the two co-founders of O2Feel, will remain minority shareholders.
MUNICH, Germany - The rapidly growing relevance of the online marketplace is one of the main topics of the World Cycling Forum. The lockdowns in the past 1.5 year gave an all new dynamic to retailing. CEO Signa Sports United Stephan Zoll will give his view on changing consumer behavior.
MUNICH, Germany - E-bike drivetrain provider Fazua GmbH has officially announced the acquisition of drivetrain technology sensor manufacturer Innotorq GmbH. No details have been given about the sale price.
MUNICH, Germany - Dominating headlines in the first half of 2021 were reports on acquisitions, company mergers, the entry of investors from outside the industry, as well as IPOs. For Ralf Kindermann, long-term bicycle industry expert in both trade and manufacturing,
OSAKA, Japan - In its financial statement on the first half of 2021, the Shimano Group again reports a brisk sales increase of its bicycle component segment of 73.4%. From the same period in the previous year, bicycle components turnover jumped to JPY212,599 million (€1,630 million), and operating income was up 152.
OLDENBURG, Germany - Steel frame specialist bike brand, vsf fahrradmanufaktur, has, until now, been associated with touring and utility bikes. However, their recent launch of a high quality, limited edition gravel bike looks to expand their reputation into a new product category.
LONDON, UK - June 7th will see e-scooter hire trials rolled out across six out of the 32 London boroughs. Rental scooter providers Dott, Lime, and Tier will be offering their scooters for hire to the public for up to 12 months as part of pilot programs in Ealing, Hammersmith and Fulham, Kensington and Chelsea, Richmond upon Thames, the City of London and Canary Wharf.
OBERWANGEN, Switzerland - Naxicap Partners has taken-over the well-known speed e-bike manufacturer Stromer as the company reported today. Details of the agreement were not disclosed. The transaction is subject to customary approvals.
MONTREAL, Canada - Dorel' sports division which market brands including Cannondale, GT, Schwinn and Mongoose, reports an ongoing increase in sales. For the first quarter of the year, turnover increased by 43.6% year-on-year to US$270.3 million.
EPINAL, France - The speed e-bike is an all-new category for performance brand Moustache Bikes from France. For model year 2021 the company already expanded its range with entry level models and focused on more urban bikes.
TAIPEI, Taiwan - The industry is currently experiencing its first-ever online trade show. This year's Taipei Cycle show was to be held virtually in response to the ongoing challenges of the COVID-19 pandemic. While speaking, the event is attracting industry insiders to presentations and online booths.
PARIS, France - Increasing e-bikes sales are still attracting more and more automotive suppliers to the industry. The latest newcomer is French Valeo, who saw a hike in e-bike sales on their home market. The company has adapted its 48V motors for the electrification of bicycles.
REICHSHOF, Germany - Schwalbe's new tube made of a thermoplastic polyurethane called Aerothan has achieved top values for elasticity, weight and puncture protection, all without the use of rubber. Available for road, mountain and trekking bikes, Schwalbe claims the Aerothan tubes are much more robust
ANNECY, France - The troubles of French bicycle part manufacturer, Mavic, have been continuing since entering receivership. The company, which has been run under the administration of the company, By Saving, since March, has now been placed under court observation for six months.
