KORTRIJK, Belgium - Is Belgium the 'most promising market' amidst the other European markets where companies are struggling with financial burdens and slow demand? "2024 has not been a crisis year for the bicycle industry," said Paul Glorieux, secretary general of the Belgium industry association Traxio-Velo at the presentation of the 2024 market statistics.
BRUSSELS, Belgium - Over the first nine months of 2024, registrations of second-hand speed pedelecs in Belgium increased by +17.4% compared to the same period in 2023, and by +39.3% compared to 2022, according to figures released by trade association Traxio. However, for new speed pedelecs a reverse trend is seen as sales dropped 17.9% compared to 2023.
OBERWANGEN, Switzerland - After 11 years at Stromer, co-CEO Tomi Viiala has decided to step back from the operational business and leave the company. The reason given is to "spend more time with his family, who live in Finland." Viiala will remain a shareholder of Stromer.
OBERWANGEN, Switzerland - Despite overall stagnant or declining markets in Europe, myStromer AG, parent company of premium e-bike brands Stromer and Desiknio, bucked the general trend and continue to expand its market shares in the Netherlands and Belgium. In the challenging e-bike market in the US, the company achieved double-digit (consolidated) growth.
KORTRIJK, Belgium - Full halls, wide smiles, and positive energy… the mood at Velofollies in late January was in stark contrast to many of the reports recently published on Bike Europe. The annual event for the Benelux market with sold out exhibition space, new product releases and notable optimism seemed to disguise the many uncertainties in the current market. However, "2024 will not be a year for taking risks," one exhibitor confirmed.
BERLIN, Germany - Europe-wide regulations and experiences for speed pedelecs vary per country. The Dutch mobility consultancy Mobycon and German industry association ZIV have now made a first comparative study on this market in in Germany, Belgium, Denmark, the Netherlands and Switzerland.
