Business Market trends

Yadea expands global portfolio with e-step scooters and e-bikes
WUXI, China - Chinese electric-two-wheeler giant Yadea Technology Group Co., is hoping to make a global splash with its newly unveiled product mix....

Stromer solidifies foothold in speed pedelec market as European sales...
OBERWANGEN, Switzerland - myStromer AG enjoyed clear business growth in 2020 with continued market share increases for its speed pedelecs,...

Riese & Müller reaches new milestone with first social responsibility...
MÜHLTAL, Germany - E-bike and cargo bike manufacturer, Riese & Müller, has published its first Social Responsibility Report. Here, the company...

Belgium investor Colruyt puts €10 million in bicycle retail chain
GENT, Belgium - The take-over by supermarket owner Colruyt in 2019 saved the future of the Belgium bicycle retail chain Fiets!. A year earlier Fiets!...

Belgium investor Colruyt puts €10 million in bicycle retail chain
GENT, Belgium - The take-over by supermarket owner Colruyt in 2019 saved the future of the Belgium bicycle retail chain Fiets!. A year earlier Fiets!...

E-Bike Craze Continues Unabated in Holland
AMERSFOORT, the Netherlands - Is it the weather, or the economy, or just the plain truth that e-bikes are like iPhone: everybody wants one? Fact is...

Japan Market Declines Further
TOKYO, Japan - For the second year on a row, the Japanese bicycle market is declining in volume. Value-wise however, production and import are...

E-Bike Share Schemes Start to Roll Out in UK with Government Funding
LONDON, UK - In 2015 the UK government made GBP 700,000 (€ 880,000) available to fund e-bike sharing projects across the UK. Spring 2016 sees the...

Avantisbike Expands OEM Assembling Facility in Portugal
LOTE, Portugal - Avantisbike Lda, which is already manufacturing and painting bikes in Portugal for 15 years, is expanding its facility in Bike...

Hero Takes Over Sri Lanka's BSH as Country Is about to Regain GSP+...
LUDHIANA, India - Hero Cycles Ltd has acquired a majority stake in Sri Lanka based bike exporter BSH Ventures Ltd. With this move India's biggest...