Will the market revival begin in Taiwan?

Will the market revival begin in Taiwan?

The Taipei International Cycle Show is always a good moment to take stock of the market situation, but this year 'Taipei' prepares the business to become a 'better' industry and put its focus on sustainability and other ESG topics. Besides the current market conditions, this online magazine also explores several Taiwanese companies who have started adopting ESG solutions in their production practises as the industry prepares for the future.

Highlights in this latest online magazine (Issue 31 | February 2024) include:

  • Will Taipei Cycle get the supply chain in motion?
  • New production expertise pushes industry forward
  • Marwi Group commits to green initiatives

Only two years ago, Pon Bike Performance GmbH opened the brand new production facility in Mainz. – Photo mtb-news.de

Pon reorganises European Santa Cruz and Cervélo production and closes...

MAINZ, Germany - For reasons of efficiency, Pon has decided to relocate the European production of Santa Cruz & Cervélo to the existing facility of Pon Bike in Emstek, Germany. The production in Mainz will be discontinued from April 2025. This was reported by the platform MTB-news.de.

Alongside the new factory in Vietnam which will service new orders from Ananda customers in the US and Europe, the company has celebrated the start of mass production of its new M5000 mid-drive motor. - Photo Ananda

Ananda factory in Vietnam now fully operational

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.

The German hammerman strikes: in Huttwil, there soon might not be much left of the once proud Flyer factory. - Photo Peter Hummel

ZEG plans to close Flyer factory in Switzerland

HUTTWIL, Switzerland - A big disappointment for the Swiss e-bike industry came forward yesterday when owner ZEG announced their future plans for the Flyer facility. In an ad hoc press release ZEG states their plan to largely close its long-standing site in Huttwil and possibly continue production outside of Switzerland.

“The special tariff facilities by the European Union are driving us further to engage in the bicycle industry,” explains Amal Podder, managing director, Panam Group. – Photo Panam Group

Bangladesh's Panam Cycle invests $8 million to increase capacity

DHAKA, Bangladesh - Known as a manufacturer of textiles, garments, lingerie and chemicals, Panam Group diversified into the production of bicycles a year ago. The company is keen to expand into newer sectors and found bicycle production and its exports a potential area thanks to the favourable duty structure for Bangladesh-based bicycle exporters to the European Union (EU).