ZURICH, Switzerland - Following successful trials in Zurich, Atlanta and Seattle, Lime is readying its release of a new e-bike to European and North American city streets. The micromobility rideshare company has capitalised on the idea of grab-and-go transport for years with its fleet of e-scooters and e-bikes, and currently boasts a history of more than 750 million rides across hundreds of cities worldwide.

AMSTELVEEN, the Netherlands - Ahead of the publication of the official 2024 sales statistics in the Netherlands, market researcher GfK-NIQ reports a shrinking market for e-bikes for the second consecutive year. E-bike suppliers are looking for new ways to regenerate the market. Leasing and employee benefits program are important drivers to expand the market again.

FREIBURG, Germany - Bravobike GmbH, the subsidiary of leasing pioneer JobRad has signed an agreement with Garbe Industrial Real Estate GmbH, which claims to be a "specialist for logistics real estate and light industry in Germany and Europe." The agreement will see Bravobike make use of a 23,500 sqm property in Kabelsketal, Germany to accommodate the strong growth in the number of ex-lease bicycles that will become available for the second-hand market in the coming years.

HASSELT, Belgium - A leading Belgian lease concept provider Cyclis has been acquired by JobRad Group as of 2 September. The much bigger JobRad Group obtained 60% of the shares while founders and other stakeholders now own 40%. "We share the same vision, ambition and approach. In JobRad Group, we have found the ideal partner to further strengthen our position on the Belgian and Dutch market," says Joep Kempen, CEO of 10 years old Cyclis.

BERLIN, Germany - Bicycle production and sales in Germany attained very high levels in 2023, comparable to the bicycle boom in 2020. Despite the generally negative consumer climate, sales value of bicycles and e-bikes combined in Germany only slightly decreased by 4% from €7.36 billion in 2022 to €7.06 billion last year.

HELSINKI, Finland - Vapaus Bikes Finland Oy, has secured a €15 million loan to drive growth and international expansion in the employee benefit bikes sector. Besides scaling up in Finland and Sweden, further internationalisation is being considered. Boasting a mature and scalable business model, the mobility service provider has seen its net revenues rise from €4.5 million in 2021 to over €30 million in 2023.