COLOGNE, Germany (30 March 2000)--According to Rolf Lemberg, general manager of VFM, in 1999 some 4.94 million bicycles were shipped out in 1999, up 4% ...

LEIPZIG, Germany - For Tex-Lock a bicycle lock is not just that standard heavy weight safety device in black that needs to be used by any cyclist to protect their bike. "I wanted to bring fashion and style into this product category but also improve the usability," says Tex-Lock CEO and co-founder Alexandra Baum. "Locks needed a soft feeling instead of bulky steel."

WELS, Austria - The macro-economic conditions made two-wheeler giant Pierer Mobility AG already revise its forecast for the current financial year in October. Moreover they communicated a far-reaching restructuring program of its bicycle and e-bike sector. It now turns out that the liquidity requirement for its motorized two-wheeler business has a much bigger impact on the financial stability of the whole company.

MEINERZHAGEN, Germany - It was announced as a revolution in bicycle headlights by Busch+Müller: the Briq-XL reacts to the lean of the handlebar in a progressive sequence to provide a magnificent illumination of the bend while riding the curve.

ŠIAULIAI, Lithuania - Overcapacity and a slowdown in demand in Europe were the main reasons for a decline in turnover in 2023 reports bicycle manufacturer UAB Baltik Vairas. In 2023 the company generated a turnover of € 170.96 million, down 7.5% from € 184.9 million in 2022.

At Eurobike 2024, the ZF Group unveiled its new 48-Volt drive system for e-bikes for the first time. The 'ZF Bike Eco System' includes all drive components such as the e-motor, batteries, control units, app, and cloud connectivity. The core component is the ZF CentriX drive unit with a compact, 90 Nm mid-motor.

MALLABIA, Spain - The turbulent 2023 market conditions with instability, excess supply and widespread discounting among competitors that deteriorated margins and, in some cases, questioned the sustainability of business, writes Orbea in its annual report. For Orbea the market situation resulted in a 6.4% decrease in turnover.

SEOUL, South Korea - Scott Sports owner Youngone Corporation has granted its subsidiary a temporary financial injection of SFR 150 million (€160.6 million). The high inventory levels throughout the bicycle sector is tying up so much capital that even profitable companies like Scott Sports are in urgent need of capital to continue their daily operations.

WELS, Austria - In the first six months of 2023, Pierer Mobility AG achieved a new record revenue of €1.39 million, up 20.2%, compared to 2022. However, "the bicycle market as a whole is characterised by major changes. The consolidation that has already begun and is expected, will have profound effects on the entire bicycle industry," the motorcycle and e-bike specialist warns.

SQlab has developed a digital sales tool called Profiler app, which guides shop staff through the process of determining ergonomic products, tailored to the customer's needs. The brand has always focused on strengthening local shops, by providing their measurement experience on-site and training their retailers to be experts in bike ergonomics. But limiting factors like time and staff shortages forced them to support local retailers in different ways.

TALLINN, Estonia - As startup producing e-cargo bikes for last mile deliveries, Vok Bike closed a €3,8 million seed round last week, including Estonia's SmartCap, Jaan Tallinn's Metaplanet, Specialist VC and Sunly.

TAIPEI, Taiwan - The cockpit of e-bikes is currently seeing a rapid development of more integration and more customization. Manufacturer King Meter offers a wide range of shifters and displays, including the latest with integrated display.

FRANKFURT, Germany - The Eurobike Award will return to this years edition of the international bicycle industry trade show. For this indicator of trends in the industry, Eurobike has partnered with the German Design Council. Eurobike in Frankfurt will be held from June 21 to June 25, 2023.

Litemove designs LED lights for the global bicycle industry. Founded in 2019, the company is based in Taiwan. "We are a young energetic company complimented by a team with several decades of international experience in optics, electronics and mechanical engineering harnessed from the automotive industry. These key attributes are brought together in our bicycle product design team for the creation of world class products."

OSAKA, Japan - The global presence makes it possible for Shimano to compensate for fluctuations in various market. Thanks to big differences between European, North American and Asian markets Shimano can still report a net sales increase of for the first nine months of 2022.

A handlebar to which you can attach integrated accessories. That is the new Contec G-link system. Hermann Hartje's exclusive P&A brand, Contec, thus responds to the trend in which bicycles have increasingly integrated applications. Dealers can order the modular system from August, and it will be available to consumers in the spring of 2023.

FRANKFURT, Germany - Apart from a few niche suppliers who could be counted on one hand, for years there was no one on the road with the TQ drivetrain unit. Now the Germans are back with a new lightweight, quiet, small motor with which they say they have a major bike supplier onboard with Trek Bicycle.

LONDON, UK - To facilitate its European expansion, insurance company Laka has secured additional funding from Porsche Ventures, the venture capital unit of Porsche AG. This brings its Series A, led by Autotech Ventures and by Ponooc, who has close ties to Pon, and ABN AMRO, to €12.7 million.

Your customer would like to raise the handlebar on their bike, but the brake hose is too short. Replacing the existing brake hose for longer ones can be a challenging job. Elvedes offers you the perfect solution to easily extend the original brake hose.

AALBORG, Denmark - PentaLock has raised €1.6 million in pre-seed funding from current investors and a lineup of Danish business angels. This investment will allow the start-up to make the next step in developing the company and meeting the target market's needs.