Following the initial cancellation of orders and period of uncertainty at the beginning of the corona pandemic in 2020, it soon became clear that the pandemic was going to bring a completely new set of challenges to the bicycle industry. What followed was two years of supply chain woes in a booming market.
Highlights in this latest online magazine (Issue 22 | September 2022) include:
COLOGNE, Germany - From the start of next year, Georg Honkomp will hand over his position as chairman of the board of Europe's biggest dealer cooperative, German ZEG, to his successor Fred Schierenbeck.
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.
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.
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.
