The bicycle industry is usually not shy about using eye-catching slogans and representations when it comes to introducing new products. In the middle of a fast-growing and challenging environment with constantly new demands for product innovation, brands need to bring top-notch products to the market in order to grow and differentiate themselves.

SUZHOU, China - E-bike battery manufacturer, Phylion, has received a new strategic investment of 950 million yuan (€135 million). The total financing round is expected to reach 1.5 billion yuan (€210 million), with which the company plans to accelerate its innovation in technology, products and business strategy to create more value for the lithium battery industry.

STOCKHOLM, Sweden - Swedish battery developer and manufacturer, Northvolt has marked a new chapter in European history with the first cell to have been fully designed, developed and assembled at a gigafactory by a homegrown European battery company. A breakthrough for Europe's budding e-bike industry?

SUZHOU, China - During this year's Eurobike, e-bike drive system manufacturer, Vinka debuted its latest hub drive system, the Auto VA+. The hub-motor can be applied to a range of e-bike models, including urban e-bikes and has additional features including automatic assist.

LUND, Sweden - Terranet AB has made a major step forward in e-bike safety. The Swedish company developed 'BlincBike' which comprises a rear-view monitoring system that empowers cyclists to avoid accidents.

INDIANAPOLIS, USA - 3D printing which was commonly used in the bicycle industry for prototyping is increasingly being implemented for the production of final products. Silca is one of first to take full advantage of this technology by offering a lightweight bike computer handlebar mount.

SHANGHAI, China - Chinese e-bike component manufacturer, Wuxing, unveiled a new mid motor during the China Cycle show 2021 earlier this month. The large domestic e-bike parts supplier presented not only the new e-bike mid motor, but also associated displays and lighting solutions.

SHENZHEN, China - Folding bike pioneer, Dahon, will display their latest products and innovations during the China Cycle 2021 in Shanghai which takes place this week. Alongside the pandemic special edition bike Hit, new electric bikes to be launched later in 2021 will also be previewed on the stand.

MÜHLHAUSEN, Germany - Another German bike manufacturer has filed for insolvency and the search for investors is now in full swing. Despite gaining interest for its patent protected 'Cyfly' drivetrain, rising debts have sealed Möve Bikes fate. On February 5th, Marcello Di Stefano from Diligens Rechtsanwälte & Insolvenzverwalter GbR was appointed as provisional insolvency administrator.

SANGERHAUSEN, Germany - Troubled German bicycle producer, Sachsenring Bike Manufaktur, is out of insolvency having been bought by a group of unspecified investors. The newly founded Zweirad Union E-Mobility has taken over 75 of the employees and will "continue bicycle production at the old MIFA site in Sangerhausen."

MILAN, Italy - Blubrake, the Italian company that designed ABS to be integrated into an e-bike frame, has announced a partnership with Stromer, the high-end Swiss speed-pedelec manufacturer. The partnership agreement will see the launch, in June 2021, of Stromer ST5 ABS, the first speed pedelec with a frame integrated ABS.

REDDITCH, UK - In its most recent interim results Halfords Group, the UK's biggest cycling retailer, has declared a doubling of pre-tax profits in the six months to October 2nd when compared to the year prior, reaching £56 million (€65 million).

WIESBADEN, Germany - German investor Schuhe24 Group has acquired a majority stake in the IBD platform Bike-Angebot.de. The future growth strategy of both parties includes a clear expansion course outside of the home market and the German-speaking region.

TURNHOUT, Belgium - The Belgium start-up Classified Cycling presented an all new smart shifting technology which will make conventional front derailleurs a thing of the past. The company is strongly embedded in the Belgium cycling culture with former road racer Tom Boonen as ambassador as a new shareholder and Ridley as launching partner.

OTTOBRUNN, Germany - Drivetrain manufacturer, Fazua, has optimised the connectivity of its system by rounding out the 'evation' experience with a 2.0 software update. The software update is the first big step towards a wide-ranging Fazua connectivity environment.

MONTREAL, Canada - Dorel Industries Inc. reports a spike in demand for all types of bicycles during the second quarter of 2020. For the owner, sales of brands such as Schwinn, Mongoose and Cannondale rose dramatically and was maintained throughout the quarter.

NOTTINGHAM, England - British bike brand, Raleigh have announced the launch of their new e-cargo bike range for businesses. With this they say they have "a perfect zero emissions solution for urban business transport".

DOETINCHEM, the Netherlands - Unlike nearly every crisis in recent history the current one has escalated in such way that it has turned into a serious problem for nearly every participant in the global bicycle value chain. A dilemma that, at one time or another, has left nearly everyone at every level struggling to find a solution, a ray of hope and a light at the end of the tunnel.

MONTREAL, Canada - Today Dorel Industries Inc. announces slightly increasing results for its Sports division (including Cannondale, Schwinn, GT, Mongoose, Pacific Cycles and Caloi) in 2019 and in the fourth quarter in particular.

OLDENBURG, Germany - Struggling German bike maker Cycle Union with it's brands e-Bike Manufaktur, Kreidler, Rabeneick and VSF Fahrradmanufaktur is setting out its future course. In a company statement it summarized the problems it encountered;