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.

DRESDEN, Germany - Online bicycle retailer Bike24 Holding AG closed its first quarter of 2025 with double-digit revenue growth in all European sales regions compared to the same period of the previous year and a €2.1 million improvement in operating results.

TAICHUNG, Taiwan - Giant Group made a remarkably good start to the year with a year-on-year consolidated revenue increase of 4.9% to NT$16.85 billion (€496 million). According to the Giant Board of Directors, this growth can be attributed to a significant rebound in OEM orders.

TAIPEI, Taiwan - After a turbulent 2024 marked by decreased production volumes and excess inventory, Taiwan's bicycle industry is showing early signs of recovery. While orders remain cautious, Q1 2025 export data suggests a gradual rebound is underway, especially in the e-bike sector.

BRUSSELS, Belgium - That 2024 was a challenging year for European e-bike markets is no secret. How bad though, is now revealed in the latest EU e-bike import statistics published by Eurostat. The volume of e-bikes imports dropped 27% year-on-year to 642,000 units, slipping below the pre-covid level of 705,000 units in 2019. The import value fared even worse, with a 33% drop year-on-year.