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The absence of sales volume in both the e-mobility and e-tools divisions also had a negative impact on hGears’ profitability. – Photo hGears

Slow e-bike destocking impacts hGears' half-year results

SCHRAMBERG, Germany - In the first half of 2023, precision gear and component manufacturer hGears AG posted total sales of €57.16 million, a...

Shimano reports that consumer confidence has slowly started to pick up in Europe. – Photo Shimano

Shimano sees big opportunities to enhance market potential

OSAKA, Japan - Shimano regards 2023 as an "in-between year" as Marc van Rooij, President Shimano Europe Group already explained at Eurobike. This is...

Tune's core competence lies in the processing of aluminium and the ‘Made in Germany’ production of bicycle hubs and other bicycle components. – Photo Tune

Two German high-end bicycle component experts join forces

FRIEDRICHSHAFEN, Germany - Lightweight product maker Carbovation GmbH has acquired German lightweight component specialist Tune GmbH. No details of...

Hadi-Plast will bring a lot of new expertise and know-how to westphal. – Photo westphal

Hadi-Plast Group acquires plastics expert for the bicycle industry

BIELEFELD, Germany - Small parts speclialist westphal GmbH has been acquired by Hadi-Plast Group this week. The strategic acquisition marks a...

hGears: Powering the future of e-mobility

hGears: Powering the future of e-mobility

The mobility landscape is undergoing a fundamental transformation. Europe alone witnessed a sales volume of 5.8 million e-bikes in 2022, reflecting a...

WheelTop’s EDS OX electronic derailleur system, uses a combination of both Bluetooth and NT+ protocol. – Photo Bike Europe

WheelTop shows wireless MTB drivetrain presented at Taipei Cycle

TAIPEI, Taiwan – Chinese drivetrain component manufacturer WheelTop made the step to launch a MTB group set for the first time. The prototype set...

“We will continue to investments in our manufacturing capacity for the e-mobility business area,” said hGears CEO Sven Arend. – Photo hGears

hGears steps up transition from automotive to e-bike industry

SCHRAMBERG, Germany - The importance of e-bike precision component production becomes more important for hGears year after year. In its 2022 annual...

The new components are designed to make life easier for the industry.

Shimano simplifies component line-up with CUES

With the new CUES ecosystem, Shimano presents a novel approach to its mid-tier lifestyle component line-up. The idea: new components that are...

"We have shifted to toxic-free materials and environmentally friendly production processes."

Litemove's e-bike lights are turning green

Litemove, the manufacturer of innovative high-tech bicycle lights, is going green with its next-generation products.

The introduction of Shimano’s newest product family is a shake-up of the mid-tier segment. – Photo Shimano

Shimano overhauls its mid-range line-up to reduce supply chain...

OSAKA, Japan - Shimano has introduced Cues, a new approach to its mid-tier component line-up. Redesigned from the ground up, Shimano has focused on...