BRUSSELS, Belgium - Last year a total of 436,549 new bicycles were sold in Belgium through IBDs; up 30,000 (+7.5%) compared to 2013. This is concluded by a study at Belgian bike dealers commissioned by the organizer of the Velofollies bike show.
ZEIST, the Netherlands - Together with Switzerland, the Netherlands and Belgium were always regarded as an example for the potential of speed pedelecs. Slow sales were manifest in 2020 and the trend continued into 2021. Together with Switzerland, the Benelux countries are still the main markets for speed pedelecs.
KORTRIJK, Belgium - The Belgian people embraced e-bikes like in no other European market. A recent market study by 'Velofollies', the country's biggest bicycle show, confirmed results of previous surveys which showed that the e-bike is currently the largest bicycle category in Belgium with a market share (in units) of 45%.
TAICHUNG, Taiwan - In an attempt to improve the financial situation, bicycle manufacturers massively tried to lower their inventory levels even when it came with huge discounting. Giant Group managed to mitigate its decline in turnover to 7.4% as the company's 2024 monthly revenue report shows. This is compared with a decrease of 16.4% in 2023.
GÜTERSLOH, Germany - Another well-known traditional company in the German bicycle industry is facing financial difficulties that can't be solved by themselves anymore. Both Sprick Cycle GmbH and its parent company Sprick Holding GmbH filed for provisional insolvency on 27 December, according to an announcement of the insolvency court.
TAICHUNG, Taiwan - Monthly financial overviews showed that Giant Group didn't make a good start in 2024. Yesterday the Giant Group reported a consolidated sales decline of 20.2% to TWD 16.06 billion (€459.5 million) between January and March compared with Q1-2023. However, the April figures suggest something more positive.
Taipei Cycle 2024, the much-anticipated international cycling trade show, is scheduled to unfold from March 6-9 at the Taipei Nangang Exhibition Center Hall 1 & 2.
SHANGHAI, China - On 16 June 2022 Giant Manufacturing Co., Ltd. filed an application for listing and trading of its China subsidiary D.Mag (Kunshan) New Material Technology Co. Ltd. on the Shanghai Stock Exchange (SSE). The Shanghai Stock Exchange Listing Review Committee rejected the application on 6 July.
TAIWAN, Taipei - Despite being in production since the start of the corona pandemic, e-bike drive system manufacturer, Hyena, finally had the opportunity to present its new drive system at the Taipei Cycle show in 2022. The company offers whole system e-bike system for bikes in the city, trekking and road categories.
TAIPEI, Taiwan - For the 2022 d&I awards, Taipei Cycle organiser TAITRA has recognised the changes in the global bicycle industry with the introduction of new competition categories in line with global trends in sustainability. With a new curator at the wheel this year, application for entering the award is now open.
FRIEDRICHSHAFEN, Germany - The drastic impact of component shortages take over almost all other topics among industry insiders at Eurobike. At the opening day it was soon clear that a normalization of the situation on the international e-bike and bicycles markets is not expected any time soon.
TAICHUNG, Taiwan - Giant is quickly catching up on the e-bike market after a slow start on this booming market. Strong demand for e-bikes in both Europe and the US drives Giant's financial performance from January to September this year.
BRUSSELS, Belgium - European cycling industry organisations have a key ally in Frans Timmermans, Vice-President of the European Commission, last week's round table discussion showed. "Decarbonising public transport with a more modular way of getting around cities is needed and cycling is,
TAIPEI, Taiwan - Tern has upgraded to its Vektron folding e-bike line-up to include more powerful Bosch drivetrains, and updates to the frame, components, and colour options. With similar price points to the previous models, shipping of the upgrades to the EU and North America will start in Q4 2020.
TAIPEI, Taiwan - The Darkbuster E1 e-bike light features high level protection against dust, sand, dirt and is corrosion resistant. Developed by Taiwanese Brightstar it complies to stringent international electromagnetic compatibility (EMC) standards.
The European Commission has imposed anti-dumping as well as anti-subsidy duties on e-bikes imported from China. The Commission has opted for the imposition of per company targeted dumping duties. The dumping duties vary from 73.4 percent for the Bodo Vehicle Group, 24.6 percent for Giant Electric Vehicle
BRUSSELS, Belgium - It currently is the big obstacle that blocks the EU - Vietnam Free Trade Agreement; labour and human rights in Vietnam. The EU is now putting in place an overall framework for ensuring consistency in the inclusion of safeguard measures in free trade agreements.
BRUSSELS, Belgium - The European bicycle industry gathered in Brussels last week for their founding meeting of the Cycling Industries European (CIE). It is being created to enable cycling businesses of all sizes and from all sectors to make their contribution to business and society.
Current EU Regulations on e-bikes offer a serious loophole. It makes it possible for companies to put over 250W and over 25 km/h e-MTBs on the market that skirt complicated and expensive type approval procedures. That's possible due to this exemption in the type-approval regulation wording: "vehicles primarily
BRUSSELS, Belgium - The provisional anti-dumping duties announced yesterday on e-bikes imported from China are applicable to all e-bike categories; including L1 e-A and L1 e-B speed pedelecs as well as tricycles. In the European Commission's 30-page
