Rosie Burgin
Editor
Editor
ZEIST, The Netherlands - Between April and June this year, the number of e-bikes imported into the EU rose to 223,000 units almost matching the same period last year. Significantly, this figure is almost double the amount imported in the first quarter of the year. All top 3 importing countries, Taiwan, Vietnam and China significantly increased the number of units entering the EU during this time period. However, at what cost?
LONDON, United Kingdom - In a move to deter consumer fears about e-bike battery safety, the UK cycling sector, including industry trade bodies and an e-bike alliance which includes Bosch eBike Systems have joined forces in a national 'E-bike Positive' campaign. Not only an educational resource, but it will also encourage UK policymakers to better protect consumers and call on industry stakeholders to be more attentive.
MADRID, Spain - Bicycle production in Spain reached 171,200 units during the first half of 2024, data from the Spanish Ministry of Industry and Tourism shows. Although this represents a 6.4% decrease on the same period last year, production has grown to around 30,000 units per month during the second quarter of 2024.
REICHSHOF, Germany - At Eurobike tyre brand Schwalbe unveiled what it calls "a revolution for bicycle valves'- the Schwalbe Clik Valve (SCV). The brand claims it is much easier to use than existing systems and boosts air flow by up to 50%. Schwalbe predicts that the intuitive click system could become the new industry standard for inflating tyres.
FRANKFURT, Germany - The fact that the US e-bike market is lagging behind European counterparts is well-known within the industry. A forecast based on a compound annual growth rate (CAGR) of 30% over the next 7 years could see the US e-bike market reach 6.7 million units and match regular bicycle sales in 2030. This data presented at Eurobike by eCycleElectric however, represented the most optimistic scenario.
UTRECHT, The Netherlands - Following the issues with cargo bike brand Babboe earlier this year, the Dutch Food and Consumer Product Safety Authority (NVWA) is now conducting investigations into the safety of multiple cargo bike brands. Vogue Bike has confirmed that information has been requested regarding "technical specifications of products."
LONDON, England - Austrian kid's bike brand, Woom has now entered the lucrative UK market. Having had success in 30 other countries and sales of over 1 million units, Woom bikes will be distributed by UK trade partners online and in-stores.
OSAKA, Japan - High inventories in key markets continue to have a knock-on effect for Shimano, the company has reported today in its first half year figures. As a result, net sales in the company's bicycle segment decreased 20.7% in the first 6 months of 2024 compared to the same period last year. However sales in the key market of Europe reveal a turnaround.
FRANKFURT, Germany - Giant Group paid considerable attention to its ESG efforts on its booth at this year's Eurobike. One of the features was the Pre rCarbon push bike, the "r" signifying recycled versions of raw materials. Weighing around 2.4kg it is Giant's first ever complete bike application using its recycle long carbon fiber manufacturing technology.
ROOSENDAAL, The Netherlands - Timyo, the Dutch-based company that designed, developed and jointly manufactured e-bikes under its brands Van Dijck, Keola and Muon, has been declared bankrupt this week. The company had been struggling with issues for some time, including technical defects in e-bike components. However, continuation of the Van Dijck and Muon brands is already in place.