hGears' e-bike business segment suffers from sluggish destocking
SCHAMBERG, Germany - High-precision transmission parts and components manufacturer hGears AG continues to suffer not only from the automotive crisis,...
Bike24 retains upward sales trend in e-commerce during Q3
DRESDEN, Germany - Online retailer Bike24 reports a year-on-year revenue increase of 2.9% to €62.89 million from July to September 2024. In this...
Pierer Mobility discussing financial injection and downgrades...
WELS, Austria - The macro-economic conditions made two-wheeler giant Pierer Mobility AG already revise its forecast for the current financial year in...
Giant Group sales recovery taking longer than expected
TAICHUNG, Taiwan - Mid 2024 Giant Group's sales trend seemed to have found a way up again, but this turned out to be only a short-lived revival. In...
Stella eyes restart as e-bike brand is declared bankrupt
NUNSPEET, The Netherlands - Dutch e-bike brand Stella has been declared bankrupt, the appointed administrator Frans van Oss has confirmed. Coming...
Fox Factory's long suffering bicycle products bounce back in Q3
DULUTH, USA - It's not only the inclusion of recently acquired Marucci Sports' revenue boosting up suspension expert Fox Factory Holding Corp.'s...
Can US e-bike sales reach 50% market share by 2030?
FRANKFURT, Germany - The fact that the US e-bike market is lagging behind European counterparts is well-known within the industry. A forecast based...
Spanish bicycle market drops for the second year in a row
MADRID, Spain - The mismatch between supply and demand has hit the Spanish bicycle industry very hard. Significant stockpiling has been taking place...
Freefall ends as EU-27 e-bike imports stabilise
ZEIST, the Netherlands - With key markets reporting double-digit sales drops, inventories sky-high and heavy discounting attempting to rid the...
Japanese bike market struggling to get out of slump
TOKYO, Japan - While the corona pandemic caused a veritable bicycle and e-bike boom in the west, this sales boom completely bypassed Japan. The...
Dutch e-bike brand Stella forced to delay payments as losses mount
NUNSPEET, The Netherlands - Once claiming to be market leader in the Netherlands, e-bike brand Stella is on the verge of bankruptcy. Despite repeated...
Accell Group secures support of creditors for recapitalisation
HEERENVEEN, the Netherlands - Accell Group can proceed with the restructuring of its financial position as it secured sufficient support from its key...
Hero Electric dealers seeking settlement of pending dues
GURUGRAM, India - E-bike and e-scooter manufacturer Hero Electric is entering a troubling phase as its dealers seek settlement of pending dues...
Gocycle CEO: "We had to turn to crowdfunding to reboot our company"
LONDON, UK - Award-winning e-bike brand Gocycle has started a crowdfunding campaign to launch its new range of urban folding bikes. Founder and CEO...
Tracefy expands organization to drive international growth
Four key themes to watch at Taipei Cycle Show 2025
Peyman launches battery-free CVT transmission bicycles by end of 2025
Solving OEM overstock challenges: how BEIC transforms inventory
OLI's PICO e-bike motor: compact, powerful, and city-focused
Acol by Alex Colnago: New premium bike brand with WiaWis technology
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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...
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...
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...
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...
Securing financial stability in a tough market
The fact that a major player like Accell Group has been struggling under a burden of heavy debts gives a clear indication of the difficulties in the...
Market recovery emerging in 2024
Whereas spring 2023 didn't offer an upturn in e-bike and bicycles sales, setting the course for much of the rest of the year, market indicators are...
2023 challenges European e-bike markets
Undeniably European e-bike sales took a step back last year. In 7 European countries who already reported their market statistics for 2023, the total...
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...
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