Jan-Willem van Schaik
Editor in Chief
Editor in Chief
BRUSSELS, Belgium - High-level keynotes, CEO panels, business leaders, European policy makers and academics are on the line-up of this year's Cycling Industries Europe (CIE) Summit. During the event on 12 May, industry experts will debate current trends, innovations, leadership topics and visions for 2030.
FOSHAN, China - The home appliance giant Midea Group took over the e-bike drive system manufacturer Motinova. Midea Group, a well-known Fortune 500 company founded in 1968. Recently Midea announced a 11 billion yuan (€1.56 billion) investment schema to establish a new business for the production of parts for new energy vehicles. The take-over of Motinova is part of that strategy.
HARDERWIJK, the Netherlands - The formerly Scottish company announced the opening of its first e-service branch for the maintenance of electric vehicles in Amsterdam, the Netherlands. Here, but also in other locations, e-bikes will now also be repaired according to the quick service model.
RIMINI, Italy - Since the first edition in 2018, the Italian Bike Festival in Rimini has become one of the trending events in the bicycle industry. From this year the festival at the Misano World Circuit will be connected to a series of other events like conferences, a granfondo and cycling tours.
VICENZA, Italy - For component manufacturer Campagnolo the market boom and supply chain constraints have triggered a renewed ambition to increase the global brand awareness and salience. For 2020-2022 the company reports the strongest sales growth since the 1980s giving the Italians confidence to dream bigger and expand significantly to capitalise on its recent growth.
HO CHI MINH CITY, Vietnam - The recent announcement by Vietnam's government to drop COVID-19 restrictions including the opening of the borders for foreign visitors and lifting quarantine measures is expected to have a big impact on the bicycle industry.
MADRID, Spain - The hike in e-bike sales in 2020 was not a one-off as last year's sales record shows. According to the latest statistics published by the national bicycle industry organisation AMBE, e-bike sales volume increased by 5.3% in 2021.
TAICHUNG, Taiwan - The temporary closure of Giant's four factories in Kunshan, close to Shanghai, due to the local lockdown restrictions is giving the company a hard time. "It is a hell of job," said Giant Group Chairperson Bonnie Tu in an interview with Bloomberg last Tuesday. And she doesn't expect the situation to improve on the short term.
FRANKFURT, Germany - Urban mobility centered around bikes is one of the topics which the new Eurobike in Frankfurt is focusing on. The trade show found a new partner in the shared mobility provider Deutsche Bahn Connect, a subsidiary of the German railways. The 30th Eurobike takes place from 13 to 17 July 2022.
YPRES, Belgium - Cycling industry entrepreneur Filip Carpentier passed away last Sunday. At the age of 47 Filip already held a long track record in the bicycle industry as a distributor as well as wholesaler. In 2015 he acquired the Belgium bicycle factory Minerva.