New York, USA - Argentinian born Gi FlyBike has been launched recently. It's an instantly foldable, electric bike which is not only, "Created for the future, but is also to transform urban commuting around the world by challenging every aspect of traditional bike design."
TAICHUNG, Taiwan - "Who has the guts for Rehau," questioned Daniel Quauck, Commercial Analyst of Rehau AG at the open air ExtraEnergy presentation in Taichung during the industry gathering last week.
HEERENVEEN, the Netherlands - Accell Group reached an agreement with a majority of its financial stakeholders and could improve its financial position. The transaction will lead to a reduction of Accell Group's debt by approximately €600 million, or around 40% of the total debt, from approximately €1.4 billion.
AMSTERDAM, the Netherlands - Fundracer BV launched their first micromobility fund with a mission to provide capital and hands-on support to companies poised to become leaders in the fast-growing micro-mobility industry. Founded by bike industry entrepreneurs René Wiertz, Gérard Vroomen, and Andy Ording, Fundracer is expertly positioned to support companies in this market to maximize their chances of success.
HEERENVEEN, the Netherlands - Accell Group CEO Tjeerd Jegen has revealed some clear figures in a business update on the financial situation at the company he has been heading since November 2023. The manufacturer continues to see profits drop and debts rise. "Especially in Germany, the market collapsed because dealers had and still have too high inventories," said Jegen in an interview with the Dutch media FD.
HEERENVEEN, the Netherlands - The appointment of the new Chief Financial Officer (CFO) Gijsbert van Zoeten is Accell Group's next step in an attempt to counter the financial challenges. The reorganization of the board of management was only communicated internally.
AMSTERDAM, the Netherlands - The district court of Amsterdam has granted VanMoof Global Holding B.V. preliminary suspension of payment (chapter 11 status). It marks the end of many rumours about the financial stability of VanMoof.
REICHSHOF, Germany - Tyre manufacturer, Schwalbe has reported record sales of €273 million for 2021. High quality e-bike products and a focus on recycling are credited as important factors behind the growth.
TORONTO, Canada - After a Kickstarter campaign in 2015, Peter Boutakis founded folding bike company Helix. The company expanded quickly and has recently opened its first production line for robotically TIG welded frames.
SOESTERBERG, the Netherlands - Known for their design work for brands like Optima Cycles, Santos, Popal, dutch id and Bafang, Vroegh Design has hired Paul van Beusekom to expand its team.
BREMBATE, Italy - Vittoria Group has reinforced its leading market position in special, hand-made cotton and silk tyres for cyclocross, track and road racing with the take-over of Dutch manufacturer, A. Dugast.
AMSTERDAM, the Netherlands - The e-bike is being massively embraced in the Netherlands and its market share continues to expand. In 2020 e-bike sales increased by no less than 30% to a record number of 547,000 units. In value the market has reached the all-time high of €1.65 billion.
HANNOVER, Germany - Tyre giant Continental AG, which is celebrating its 150th anniversary this year, saw an internal swap within the management of the specialty tyre and two-wheel tyre business units on January 1st. The head of Continental AG's specialty tyres business unit is Wolfgang Thomale.
ARNHEM, the Netherlands - As previously announced, Specialized has relocated its European Shared Service Center and office for the Dutch and Flemish market from 's Heerenberg to Arnhem, both in the Netherlands. The new location in the business park 'Arnhems Buiten' was opened virtually (see video) for all employees last week.
ARNHEM, the Netherlands - Dutch design bureau, StudioMOM, has developed the LAVO bike, a compact modular hydrogen transport concept. Commissioned by the Providence Asset Group, the bike's design incorporates the Australian-developed hydrogen storage technology, the LAVO System.
DIEREN, the Netherlands - Gazelle is to build a new experience centre right next to its factory in Dieren, the Netherlands. A unique feature is that visitors can also follow the entire production process of the bicycles via a footbridge suspended in the factory hall.
NIEUW VENNEP, the Netherlands - Based on their experience with her 48V Portable Batteries, Cleantron has developed a novel battery system for compact, easy to use lightweight portable batteries in combination with a fixed battery pack, suitable for high performance EV's and LEV's.
AMSTERDAM, the Netherlands - VanMoof's first television commercial has been banned from French TV because it is said to create a 'climate of fear'. In the commercial VanMoof reflects on the rat race of busy car traffic of the past and invites people to consider other urban transport modes for a sustainable future.
BUSSUM, the Netherlands - Dutch bicycle developer, Peter Ariese, has unexpectedly passed away in his residence in Bussum, Netherlands on May 25th 2020. During the last three decades Peter held various positions in the bike industry. He was considered to be the founding father of the electric SpartaMet. Having started the design and development of electric bicycles at Sparta, a pioneer of the European e-bike market, he stood at the cradle of today's new E-bike landscape.
AMSTERDAM, the Netherlands - Just in time for the reopening of IBD stores previously hampered by the coronavirus, e-bike drivetrain supplier Yamaha announces that the OEM e-bike business in Europe will soon be coordinated from Yamaha Motor Europe NV's European headquarters in Amsterdam. It has been previously managed from the company headquarters in Japan. The complete transition is expected to be completed by the end of 2020.
