GfK research in the Netherlands, Germany, France and Belgium highlights four trends in purchasing behaviour and priorities when buying an e-bike. The e-bike is no longer just a recreational luxury but is increasingly becoming a serious mobility alternative that influences daily travel behaviour.
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.
Donkey Republic's latest financing round demonstrates that investors have not lost interest in bicycles and cycling more broadly. Private equity and other investors turned away from the bicycle industry after the troubles at Accell Group, Rad Power, VanMoof, Scott Sports and many others. Donkey Republic proves the opposite. They initially set out to raise DKK 15-30 million (€2-4 million), but due to strong interest, the transaction was over-subscribed and the amount raised was upsized to DKK 75 million (€10 million).
Véligo Location is about to reach a new milestone in France. The public long-term e-bike rental service in the Ile-de-France region, launched in 2019, has unveiled a new fleet of 19 models that will be rolled out this year. The goal: support the growth of cycling in the region, broaden use cases and meet the expectations of a more diverse public, from commuting trips to the needs of families, tradespeople or people with disabilities.
Bolt has expanded its shared micromobility fleet with the introduction of its first entirely in-house e-bike. With their design vision, Bolt aimed to reset expectations of what shared cycling can offer riders and cities. The scale and integration of various smart technologies make this a statement product for the future of e-bike developments.
FRANKFURT, Germany - Having been in the hands of Brockhaus Technologies AG for the last four years, Bikeleasing Service GmbH has been sold to the investment arm of French retail giant Decathlon. With this step, BLS is looking to create a strong basis for further growth as well as the targeted international expansion of its successful company bike leasing model. Having tripled revenues under Brockhaus ownership, the purchase agreement provides for an enterprise valuation of Bikeleasing of €525 million according to Brockhaus.
