hGears Schramberg GmbH has filed an application for insolvency proceedings under self-administration with the Local Court of Rottweil, Germany. According to a company statement, the aim is to advance the necessary restructuring of the Schramberg site within an orderly legal framework and to create the conditions for a viable structure for the future.

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.

High-precision gear and component manufacturer hGears AG started 2026 as expected: the publicly-traded company was aware in advance that it would not be able to achieve exceptional growth amid geopolitical uncertainties and the resulting strain on economic momentum. So even though first-quarter revenue for 2026, at €23.4 million, was 6.9% below the comparable period last year, it was still within the company's expected range.

SCHRAMBERG, Germany - The expected weakness in the e-bike segment in the first nine months of 2025 resulted in a 42% drop in revenue at the e-bike component manufacturer. For hGears, even the positive development of e-tools and e-mobility could not offset the slowdown in the e-bike segment, which continued into the third quarter of this year.

SCHRAMBERG, Germany - The market shows initial signs of a measured rebound, though the improvement still has yet to extend across the entire supply chain. The manufacturer of e-bike drive components, hGears reports that, "the sales volume of e-bikes in Europe during the first half of 2025 is estimated to be roughly on par with the previous year, but European e-bike production has not recovered as expected."

SCHRAMBERG, Germany - The financial results published by e-bike motor component manufacturer hGears are an important indicator of the market expectations of leading European e-bike brands. For the first quarter of 2025, hGears reports a 32.1% sales decline for its e-bike division. For the rest of 2025, hGears expects a further decline of the e-bike market.