Finnish bike-leasing platform Vapaus Group has expanded into the Asia-Pacific region with the launch of its New Zealand subsidiary, Northride. This move marks the company's first steps outside Europe, and reflects Vapaus' ambition to scale its workplace cycling model globally.
Astro Tech Co., Ltd., the Taiwanese frame builder specialising in lightweight aluminium alloy and high-rigidity carbon fibre frames, is using its 35th anniversary this year to chart a new strategic course.
To achieve its long-term goals in the Asia-Pacific region, German Canyon Bicycles GmbH is strategically investing in logistics, digital and commercial activities. The company is focusing on markets like China, Japan, South Korea, Singapore, Australia and New Zealand.
Changing market conditions and new European Union regulations have opened the door for tyre specialist Dmack to repurpose the former Nokian tyre facility in Finland. Bicycle tyre production had largely shifted from Europe to the Far East in recent decades. The cost of labour, environmental regulations and proximity to rubber sources made it more efficient to operate these factories in Asia. According to Dmack owner Dick Cormack, times have changed. "I have made it my personal mission to put this factory back on the map and build up production in Europe with high-quality products. That's our mission over the next five years."
Pacific Glory Worldwide Ltd (PGW), owned by the Taiwan-based manufacturer Ideal Bike Corporation, has opened a new United States distribution channel, PGW USA. It will oversee sales and support for the Fuji, SE and Tuesday bicycle brands in the US market. It says it will focus on retailer success and long-term sustainability, but open questions remain regarding the current distributor, BikeCo.
Global supply chain diversification has accelerated with major e-bike brands actively seeking qualified non-China manufacturing partners. Chinese battery manufacturer, Greenway, has addressed this critical market need by securing Certificate of Origin (COO) certification for its production facility in Indonesia. This establishes a fully compliant, non-China production base for its e-bike batteries, enabling it to serve global markets with reduced trade barriers and a more resilient supply chain.
