Business Market trends

Yadea's newly unveiled product range includes some e-bike models which rely on a specially developed mid-mounted motor. - Photo Yadea

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....

myStromer AG is the market leader for speed pedelecs in Germany, France, Belgium, Switzerland, Canada, Denmark, the Netherlands and the US. - Photo myStromer AG

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,...

As part of its sustainability strategy, Riese & Müller runs a climate-neutral campus in Mühltal, Germany. - Photo Riese & Müller

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...

Today Fiets! operates 14 stores in Belgium. – Photo 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!...

Today Fiets! operates 14 stores in Belgium. – Photo 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!...

Turnover-wise sales of city e-bikes grew 38 percent in Holland in first nine months of 2019. – Photo Bike Europe

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

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...

UK government made GBP 700,000 (€ 880,000) available to fund e-bike sharing projects across the UK. – Photo WeCycle

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 in Bike Valley Portugal operates 3 painting lines. Next to 2 new assembly lines the company is also installing 2 HM wheelbuilding robots. – Photo Bike Europe

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...

BSH Ventures is Hero’s MD Pankaj Munjal 3rd acquisition after Firefox and UK based Avocet. Bangladesh based Meghna Group is involved in BSH Ventures. – Photo Satnam Singh

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...