AMSTERDAM, the Netherlands - An interim report by the VanMoof administrators paints a clear picture of the financial drama which took place this summer. After the mega loss in 2021 not much is left for the creditors.
WORMER, The Netherlands - In a 2-day event, the Color Trend Days will highlight the latest development in the reshoring trend in the bicycle industry. The first BIG3 event of 2023 which explores techniques in frame-finishing will be held 28-29 March in the Netherlands.
HEERENVEEN, the Netherlands - Accell Group has relocated the sourcing of cargo bike frames from Asia to the Netherlands. Both based in Heerenveen, Accell Group and next door Metalis have signed a long-term contract for the production of cargo bike frames.
LEMELERVELD, the Netherland - Originally introduced 12 years ago, the Danish company Bike2 was probably ahead of its time with the launch of their pedal generator. They have now partnered with Alligt to bring a finished product to market successfully.
WELS, Austria - The cooperation between a group of surface finishing suppliers, the sppot, launched its first live event to present the industry the latest trends in colours and innovations. More than 250 people were reported to attend the event at TIGER Coatings in Austria.
HEERENVEEN, the Netherlands - The consortium KKR announced an all-cash offer for Accell Group shares today at €58 per share. The acceptance period runs from 8 April to 22 June. The announcement also includes the approval by the relevant competition authorities.
BREDA, the Netherlands - Watt Mobility has been in the market since 2017 offering affordable e-bikes developed especially for cities. Focused on being lightweight to cover shorter distances, the e-bike is hardly recognisable as an electric variant. The Dutch company has clear European ambitions and recently raised €1.5 million in funding to support further growth.
HEERENVEEN, the Netherlands - "We saw good sales levels and continued strong profit accretion in the second half of 2021 through November," said Accell Group CEO Ton Anbeek in a trading update published today. While the company still reported sales decline in the first half of this year, it is now much more positive on the expected full year results.
MUNICH, Germany - The busy agenda of the World Cycling Forum 2021 includes Q&A sessions with the speakers, panel discussions as well as ample networking opportunities during the breaks.
NIEUWEGEIN, the Netherlands - In a recent investment round the Dutch scale-up in electric shared transport GO Sharing, raised €50 million. The expansion of its offerings with e-bikes as well as electric cars both on its home market and international is a major part of the company's growth strategy.
AMSTERDAM, The Netherlands - enviolo, known for its stepless shifting products, has reported record-breaking revenue growth in 2020. Reaching over 60% revenue growth means enviolo doubled its sales in 2 years' time. The company is now bringing more experience into the team as it expands the business development department.
Where cars have been status symbols ever since they were invented, bicycles were mostly seen as a practical and economical way to get around. Together with the expansion of the electric bike market this is starting to change. Cyclists add more value to the aesthetics of a bicycles' design and see their vehicle as a way to express their identity.
ARNHEM, the Netherlands - The International Cargo Bike Festival which was initiated in 2012, will get a permanent character with the creation of a cargo bike expertise and innovation centre. "This innovation centre will fulfill the need for more research and know-how on urban logistics with cargo bikes"...
GELEEN, the Netherlands - At Brightlands Chemelot Campus in Sittard-Geleen, a consortium of regional knowledge institutes and companies have been working on an innovative bike which is "virtually unbreakable". The first prototype of the bike, named the 100% Limburg Bike, was a year in the making.
AMSTERDAM, the Netherlands - The good news for VanMoof is that they've secured a further round of investment to support their growing e-bike business. The latest US$40 million (€33.8 million) brings the total tally raised up to US$73 million (€61.8 million). The bad news is, this is crucially needed to tackle the 'growth problems' the company can't seem to shake off; notably bad customer service, supply issues and quality control.
BREMBATE, Italy - Vittoria has released their newest range of e-bike tires. Using graphene technology, Vittoria says the new tires help with battery saving and offer extreme grip and puncture resistance.
AMSTERDAM, the Netherlands - Six pilot cities from five different countries are being used for an EU-funded shared e-mobility project, eHubs. The 18-month long pilot scheme will be used to determine a blueprint and set best practices for other cities to follow.
HEERENVEEN, the Netherlands - Accell Group reports a year-on-year sales growth of 4% in the first half of 2020 bringing sales up to € 676.9 million despite the impact of the lockdown in March and April. However both net profit and added value margin were down, mainly due to
's-HEERENBERG, the Netherlands - Future ambitions and a focus on both sports bikes and urban mobility with their e-bikes made Specialized decide to look for a new location for its European shared service center in the Netherlands.
SAALFELD, Germany - The opening of the Velosione frame production facility in Germany is an important step for production close to the market and a more flexible supply chain. Last week the company celebrated the commercial launch of its first injection-molded open-mold carbon city e-bike frame.
