HO CHI MINH CITY, Vietnam - Taiwan's renowned bicycle frame builder Astro Tech Co., Ltd. celebrated the groundbreaking ceremony for its new production facility in Phu Chanh Industrial Park (north of Ho Chi Minh City) last Tuesday. Having produced for 24 years in Vietnam already, mass production in the new factory is scheduled to start in the fourth quarter of 2026.

ZEIST, the Netherlands - "A Global Bicycle Purchasing Index will professionalise the sector, as we have seen before in other industries. It gives you a verified outlook on what to expect in the supply chain, and not what you have heard from your connections, rumouring around in the sector." Bike Europe talked with Jeroen Both, former chief supply chain officer and member of the board of management at Accell Group, on the launch of Bike Europe's Global Bicycle Purchasing Index (GBPI) in partnership with Eurobike.

HEERENVEEN, the Netherlands — As part of its One-Accell strategy, Accell Group has disinvested its production facility Accell Bisiklet in Manisa, Turkey. The new owner is Bisan Bisiklet, also based in Manisa, confirms Accell Group spokesperson Uneke Dekkers. The takeover amount remains unconfirmed.

Germany/the Netherlands - Key economic and sourcing data has turned out to be an essential tool in steering the industry in today's challenging and volatile markets. The bicycle industry currently lacks the information needed to identify future market trends and a sourcing benchmark. Eurobike and Bike Europe will close this gap together in cooperation with the market research institute IFH Cologne in Germany.

KOBLENZ, Germany - The current market dynamic, with aggressive discounting campaigns and forecasts that frequently postpone market recovery, affects how investment funds view the market. At the peak of the market in 2020, Groupe Bruxelles Lambert (GBL) bought just over 50% of the shares of Canyon Bicycles at €400 million. In the GBL 2024 financial report, only €260 million is left.

BRUSSELS, Belgium - The total number of e-bikes entering the European Union (EU) in Q1 of 2025 is almost unchanged on a like-for-like basis compared to the same period last year, the latest data from Eurostat shows. With a 3% rise to almost 130,000 units, it is China and Cambodia which have significantly grown their contribution to the e-bikes entering the EU. Meanwhile, the number of e-bikes coming from Taiwan continues to decline.