TAICHUNG, Taiwan - Frame manufacturer Astro-Tech Co., Ltd. has clearly outlined its strategic direction for its future development initiative. Astro-Tech president Samuel Hu gave Bike Europe a look into what these plans entail, which includes the construction of a new production facility in Vietnam, where Astro-Tech has been producing frames for 24 years.

TAICHUNG, Taiwan - An increasing number of companies follow the China +1 approach for their sourcing strategy. To meet this demand from their customers, one of Taiwan's leading frame manufacturers is currently developing a new production facility in Vietnam with a capacity of 600,000 units. Above all, Sunrise aims to reduce their carbon footprint and raise their level of sustainable production.

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.