GENEVA, Switzerland - The globally operating testing, inspection and certification company SGS announced its expansion in the bicycle and e-bike sector with the takeover of EFBE Prüftechnik GmbH and EFBE Co., Ltd. EFBE was the tenth takeover in line since January this year for SGS.
BRUSSELS, Belgium - E-bike brand Cowboy has broken its recent silence to announce new milestones in the form of short-term financing and brand partner Rebirth Group — and to address the variety of complaints lodged against the company in the past few months.
CHANGUA, Taiwan - Bicycle sales in the key European market resumed growth again resulting in accelerated clearance of older inventory and improved inventory structure, reports Merida Industry Co., Ltd. in its first half 2025 report. The US market continues to face uncertainty due to tariff policy, but strong sales performance from new products also contributed to improved earnings.
DULUTH, United States - American component manufacturer Fox Factory Holding Corp. is reporting strong results for its 2025 second-quarter sales, a growth spurt it's attributing to the stabilising bicycle industry. Sales are doing especially well in the company's Specialty Sports Group division, home to its bicycle and e-bike product lines, including Fox, Marzocchi, RaceFace, Easton and Ride Concepts.
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WEIDEN, Germany - The e-bike market expansion in the past decade came with a wave of new brands and suppliers. One of them was German MSA, mainly known as a long-time Kymco importer in Germany and the Czech Republic. Challenges in the motorbike and e-bike market have resulted in a reorganisation of the company including the withdrawal from the e-bike and bicycle market.
