BINH DUONG, Vietnam - In the last decade, few Southeast Asian countries have seen manufacturing growth in the cycling industry the way that Vietnam has. Bolstered by favourable foreign policy and a booming national economy, Vietnam's bicycle manufacturing sector is experiencing a growth spurt — but how sustainable this is in the midst of a shifting market, only time will tell.
SWIEBODZIN, Poland - Sprick, a long-standing name in the German Bicycle sector, has entered a new chapter. After financial difficulties led to insolvency of the bicycle assembler at the start of this year, the company is now set to become part of multinational, Singapore-based DuTech Group.
LONDON, United Kingdom - Global container prices have fallen for the tenth consecutive week and still appear to be stabilising. Spot rates for containers on the Shanghai-Rotterdam route saw the sharpest drop. This is evident from the most recent World Container Index (WCI) published by market research firm Drewry.
REUTLINGEN, Germany - Since establishing Bosch eBike Systems within the Bosch Group in 2009, the company has leveraged technological competencies from automotive electronics and sensor systems to power tool battery technology. For Bosch eBike Systems CEO Claus Fleischer, their systematic technology transfer approach, building on Bosch's foundational expertise in electric drive systems, is one of the three key elements of their success within the bicycle industry.
WASHINGTON D.C., United States - United States President Donald Trump has signed a new executive order this week extending the current pause on high US tariffs for Chinese goods and clarifying trade agreements made with the European Union.
BRUSSELS, Belgium - E-bike brand Cowboy has broken its recent silence to announce new milestones in the form of short-term financing and brand partner Rebirth Group — and to address the variety of complaints lodged against the company in the past few months.
