Unlike the three largest Taiwanese manufacturers - Giant Group, Merida, Ideal Bike - bicycle manufacturer Axman Enterprise Co. Ltd., which is listed on the Taiwan Stock Exchange (TPEX), was able to increase its revenue in the first but not in the second quarter of its 2026 fiscal year. Nevertheless, the outlook is positive as e-bikes become an increasingly important growth driver for the manufacturer.
Suddenly, the industry is questioning the purpose and setup of all trade shows in the industry which have for many years been anchored in people's agendas. On the opening day of the annual product managers' event, the Taichung Bike Week exhibitors were looking at many empty spots in their meeting schedule for the third consecutive year. This quickly raised the question among many: why are we here again?
After Taiwan's leading bicycle manufacturer Giant Group reported signs of a turnaround in the second quarter of 2026, its compatriot and competitor Merida Industry is seeing similar early indications of a recovery. However, the company's first-half results and latest market data show that the recovery remains uneven.
SponsoredWith the acquisition of Roxim, Herrmans is strengthening its presence in Taiwan, adding new lighting expertise, R&D capacity and local customer support. For CEO Dan Liljeqvist, the move is not only about chasing market volume, but also about developing the business by becoming faster, smarter and closer to customers.
The next generation will spearhead SunRace Sturmey-Archer's strategic restructuring now founder Tony Hsu has handed over the chairmanship to his daughter, Sandy Hsu. The Board of Directors unanimously approved her appointment, marking a pivotal leadership transition for the 54-year-old company.
Speed pedelec brand Klever Mobility has been acquired from Kymco in a management buyout by its current directors, Jan van der Ligt and Ruud Sjamaar. The transfer of shares was completed on 21 July 2026, but financial details of the transaction were not disclosed. This marks the start of a new chapter for Klever as an independently managed European organisation.
