The Shanghai, China-based e-drive manufacturer Ananda Drive Technology reported a year-on-year revenue increase from CNY 1,528.34 million (€197.22 million) in 2024 to CNY 2,004.28 million (€258 million) in 2025. Compared with the revenue growth, the income increased only marginally by 4.7% to CNY 115.04 million (€14.8 million) in 2025. This had severla clear causes, according to Ananda.
Brompton has brought in two new strategic investors as the British folding bike manufacturer looks to accelerate international expansion following a challenging period for sales. Decathlon Pulse, the investment arm of Decathlon, and Shanghai-based BA Capital have each acquired minority shareholdings through a secondary liquidity transaction, becoming long-term strategic partners while leaving Brompton's ownership structure and management unchanged.
UK retailer Halfords reported a recovery in its cycling business for the financial year ended 3 April 2026, with cycling like-for-like sales increasing 6.4% as the British bicycle market showed signs of improvement after several difficult years.
The highly volatile market posed a big challenge for the bicycle industry in recent years. More stability would have created room to start building on a new growth path. It appears that the market will be stable in 2026, thereby bringing the necessary calm for future recovery. "The market is steadily returning to a more normalised environment as inventory adjustments near completion," said Giant Chairman Young Liu at the annual meeting of shareholders.
Taiwan's major bicycle manufacturers — Giant, Merida and Ideal — all reported year-on-year revenue growth in May. The figures from the publicly listed companies are the strongest indication so far this year that the headwinds Taiwan's bicycle industry has been facing may be easing.
The local market is becoming increasingly important for the Suzhou, China-based e-bike motor system manufacturer Bafang. Its revenue export share has slid from 35% in 2021 to 20% last year. The total operating revenue in 2025 was RMB 1.3369 billion, down 1.47% year-on-year. The net profit attributable to shareholders was RMB 102.819 million in 2025, up 61.04% compared with 2024.
