Jan-Willem van Schaik
Editor in Chief
Yamaha takes concept e-bike and speed pedelec to the market
SCHIPHOL, the Netherlands - Initiated at the beginning of 2022, Yamaha's Switch On strategy represents the beginning of an all new era for the Japanese company in the design and production of the next generation of electric vehicles. The all new Booster Easy e-bike and Booster speed-pedelec will be available this spring.
Europe's bicycle import value surged by 30%
ZEIST, the Netherlands - In a year the market was troubled by supply chain shortages, the bicycle import value saw a remarkable increase seldomly seen before. In 2022 the price per unit was pushed up even more and recorded a growth of 38.2%. These figures mark a turn-around of the market value which has seen a slow but steady decline since e-bike sales gained momentum.
Ahooga raises € 4 million to start production in Belgium
BRUSSELS, Belgium - Folding bikes specialist Ahooga raised multimillion funds to support the development and engineering of its next generation compact e-bikes. Ahooga also want to invest in production nearby its headoffice in Brussels, "to reduce dependency of external parties which can be cumbersome when supply chains get tight."
E-bike sales thrives, amidst market slowdown in Europe
ZEIST, the Netherlands - The European bicycle market ended up in the inevitable correction phase after the corona related sales boom. It goes without saying that this situation was expected, the question was only, when? While 2022 sales are lower than 2021 throughout the Europe's main markets, the e-bike continues to drive the market. What's happening?
Thun hires Simon C. Smith
ENNEPETAL, Germany - Simon C. Smith joined Alfred Thun GmbH in the field of International Sales and Business Development. He will focus on international sales of existing and new drivetrain components for bicycles and e-bikes.
Shimano forecast reflects ongoing concerns over 2023 market
OSAKA, Japan - The forecasted slowdown in bicycle component sales for Shimano was less strong than expected. For the first quarter of 2023 the Japanese manufacturer reports a net sales decrease of 12.5% from the same period of the previous year to JPY 126,071 million (€ 856 million).
Ridley, Eddy Merckx owner invests €15 million in e-bike production
BERINGEN, Belgium - The Belgian Cycling Factory (BCF), known as owner of the sports bike brands Ridley and Eddy Merckx, is diversifying into new bicycle categories. The company will also focus more on e-bikes. Therefore, for frame production BCF partnered with a nearby frame manufacturer.
Urban bicycles and e-bikes take the lead in Spain
MADRID, Spain - After two record-breaking years, the Spanish bicycle industry closed 2022 with a downward readjustment in sales and turnover, but very positive figures for employment and national production. Some 1.357 million bicycles were sold last year, 13.6% less than in 2021.
DDK and Oxo-Pro partner to raise value proposition in saddles and...
TAIPEI, Taiwan - To expand its reach on the saddle and grips market, DDK has entered into a distribution partnership with Oxo-Pro. "We already worked together very closely and this new partnership will only extend our value propositions and the ability to create higher quality products," says DDK's Global Marketing Director Joy Sung.
Mavic presents e-bike motor but needs investor for market launch
ANNECY, France - In line with its product portfolio the French manufacturer Mavic has developed a mid-motor targeted at the road bike market. According to Mavic, the product is fully engineered and ready for mass production. During a recent media event Mavic's promise was confirmed. However, the French family company lacks the resources to take the product to market.
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