Online Magazine: Eurobike reaffirms strengthening position of e-bikes

Online Magazine: Eurobike reaffirms strengthening position of e-bikes

European bicycle markets counted wins and losses in 2021, with the difficulties in supply chain hampering availability. But one thing that can't be ignored is the success of the e-bike with market shares rising across all key markets. Eurobike 2022 at its new location in Frankfurt will also be a new opportunity to view a whole range of new ideas and concepts in the field of connectivity, data collection, electronic shifting and sustainable/local production.

Highlights in this latest online magazine (Issue 21 | July 2022) include:

  • Eurobike 2022 in an all-new environment
  • E-bike market share rapidly growing in Europe
  • Supply problems bring mixed results in key markets
In a cost-cutting exercise, Accell Group started 2024 with the announcement that it was merging its two facilities in Heerenveen, The Netherlands and relocating some of the current production to Accell's other European manufacturing facilities. – Photo Tweewieler

Accell Group files 2023 accounts with 10% revenue drop but 'recovery...

HEERENVEEN, The Netherlands - As the market continues to be challenging, liquidity will remain a key focus of the Accell Group, according to a business update of the company published yesterday. With accounts for 2023 finalised with a 10% revenue drop, "recovery is well on track across the business," states CEO Tjeerd Jegen.

How can the Taiwanese industry sustain the financial losses it has accrued in 2024? - Photo Bike Europe

Taiwan on course for €500 mln e-bike export value loss

TAIPEI, Taiwan - The fact that the Taiwanese supply chain has struggled during 2024 is fully evident in the latest custom statistics. In Q3, the island nation exported around 75,000 e-bike units, a 44% drop compared to 2023. E-bike exports to the EU specifically dropped 55% to a mere 34,000 units between July and September. Most significantly, the country is on course to see its export value drop half a billion euros this year in total.

Happy Holidays from the Bike Europe Team

Happy Holidays from the Bike Europe Team

ZEIST, the Netherlands - As the year draws to a close the Bike Europe team would like to thank you for your continued support throughout this challenging year.

Giant Group’s ESG efforts throughout 2024 have been rewarded with the DJSI listing and a manufacturing award from the Ministry of Economic Affairs. – Photo Giant Group

Giant Group setting ESG standards with DJSI index listing

TAICHUNG, Taiwan - In recognition of its ESG activities, Giant Group has joined the Dow Jones Sustainability Indices (DJSI) Emerging Markets Index, making it the first company in the bicycle industry to have this distinction.