ARNHEM, Netherlands - E-drive systems manufacturer Ananda has announced the opening of its new factory in Vietnam. The factory, which Ananda gained access to at the end of 2023, is now operational and will form part of the firm's commitment to global expansion moving forward.
SHANGHAI, China - E-bike drive system manufacturer, Ananda has opened a new factory in Vietnam to strengthen its worldwide manufacturing capabilities. Already up and running, the factory will meet the growing needs in the US and European markets. Additionally, the company is celebrating a successful listing on the Shanghai stock exchange.
TAIPEI, Taiwan - To meet growing demand for forged and hydroformed frame components, A-Forge is currently building a fifth production facility in Vietnam in addition to its four factories which are operational in China.
The bicycle market is undergoing significant changes, presenting both challenges and opportunities. By 2030, the global e-bike market is expected to reach a scale of $118.6 billion (€108.94 billion), with a compound annual growth rate of over 10%, indicating vast market prospects.
HO CHI MINH CITY, Vietnam - Schwalbe announced yesterday the strategic realigning of its production and will manufacture all tyres and tubes exclusively in Vietnam in the future. The background to the decision is the development and tense situation in the bicycle industry. Instead of long-term orders, orders are almost exclusively placed spontaneously. "As a result, it is currently no longer possible to plan ahead to meet demand at two parallel production sites," explains Frank Bohle, CEO of Schwalbe in a company statement.
HO CHI MINH CITY, Vietnam - 3D-print frames were regarded as the next step in mass production of high-end frames. In January 2021, the Silicon Valley-based company Arevo invested $19.5 million (€17.8 million) in a high-tech factory in Vietnam. This operation has been terminated.
Velo started operations in their new Vietnam factory in October 2022. Located in Protrade Industrial Park just 20km from Ho Chi Minh City, this area is close to numerous bike related companies. The brand new 280,000 square metre facility has the capability to produce a full range of Velo products, including saddles and grips.
HANOI, Vietnam - The name VinFast is generally known in the automotive industry but the Vietnamese conglomerate is quickly expanding into other mobility products, including scooters and mopeds.
HO CHI MINH CITY, Vietnam - To maintain the production of bicycles for the European market, Cambodia and Vietnam have agreed to ensure the sustainability of the value chain. It became necessary to meet trade demands between the two countries in accordance with the EU-Vietnam Free Trade Agreement (EVFTA), which came into force in July 2020.
HO CHI MINH CITY, Vietnam - The recent announcement by Vietnam's government to drop COVID-19 restrictions including the opening of the borders for foreign visitors and lifting quarantine measures is expected to have a big impact on the bicycle industry.
