TAICHUNG, Taiwan - Tektro TRP isn't keeping its ambitions to itself: "We want to be the alternative supplier for the industry next to the big two," says Lance Larrabee, general manager of Tektro USA. Tektro's expansion strategy has already resulted in the development of successful products.

ANTWERP, Belgium - Drivetrain brand, Classified has strengthened its leadership team with the appointment of Dennis Weijers as chief commercial officer (CCO). Weijers joins Classified from Shimano Europe, where he served as director of marketing.

ANTWERP, Belgium - Classified Cycling has announced a €22 million funding round led by Active Partners, known in the industry as, former investors in Rapha and Evans Cycles. Existing investor Bridford Investments Limited continues to support Classified by participating in the round. Classified Cycling aims to expand into the e-bike market.

ANTWERP, Belgium - Belgian cycling start-up, Claissfied, the developer of the award-winning Powershift technology, has made a move from its previous facilities in Turnhout to Antwerp. Recently the company's headquarters was inaugurated in the presence of high ranking city officials.

TURNHOUT, Belgium - The Belgian company, Classified, are the originators of the Powershift rear hub, which is a 2-speed, wireless alternative to a front derailleur, featuring the company's proprietary technology, including wireless handlebar units and a 'smart' thru-axle.