NÜRTINGEN, Germany — Bosch eBike Systems has acquired Magura's 50% stake in Magura Bosch Parks & Services GmbH (MBPS), taking full control of one of Europe's largest bicycle and e-bike service and spare parts distributors. Formerly equal service partners since the launch of Bosch's e-bike brand, the partners have not made it clear what prompted the buyout.
SHENZHEN, China - Zhaowei may not be a household name, but there is a good chance its gears power nearby moving products, from car components to office or household appliances. Every day, millions of gears in any possible size are pumped out of its Dongguan, Suzhou and Shenzhen-based factories. Marking a first for the Chinese ODM, it has now entered the e-bike drive market with its own brand identity, Preeto.
FOSHAN, China - Shihe Electric is the new owner of Ttium Motor Technology, better known in the market as Motinova. Foshan-based Shihe Electric acquired 55% of the shares, effective October 17, as reported by Ttium Motor Technology in a letter to its customers and industry partners.
INNING, Germany - With a focus on European manufacturing from its base in Southern Germany, TQ is quietly building its profile in the e-bike industry. Counting on Trek as a leading partner through its initial engineering phase, the e-bike component manufacturer's products are now specified on 18 brands across several categories.
DONGGUAN, China - Building brand awareness in the e-bike industry is a key part of the Gobao strategy in the coming years. Gobao is an established name in its home market of China when it comes to controllers for light electric vehicles. Since the market introduction of its e-bike drive system, the company has set global ambitions.
SUZHOU, China - The market has started to stabilise for e-drive manufacturer Bafang Electric (Suzhou) Co., Ltd, after two very challenging years. While the company still reported a double-digit decrease in revenue for a second year in a row for 2024, this downward trend was successfully halted in the first quarter of 2025.
