DRESDEN, Germany - German online retailer Bike24 reports an increase its sales, but also its profitability and financial position in the second quarter this year. The stock listed company is looking positively into the future again despite persistent overcapacity in some areas and weak consumer sentiment.
SKI, Norway - As the first pneumatic bicycle tyre manufacturer who claims not to use rubber, reTyre can start mass production of their kids bike range. Together with launching partner Frog, the Norwegian company displayed their kids bikes tyre range at Eurobike.
Lofandi is at the forefront of enhancing travel safety with its focus on two core product lines: smart hub locks and internal gear hubs. Their mission is to deliver safe, sustainable, and intelligent solutions for personal and shared transportation.
ŠIAULIAI, Lithuania - Overcapacity and a slowdown in demand in Europe were the main reasons for a decline in turnover in 2023 reports bicycle manufacturer UAB Baltik Vairas. In 2023 the company generated a turnover of € 170.96 million, down 7.5% from € 184.9 million in 2022.
DULUTH, USA - Fox Factory business division Specialty Sports Group (SSG), which includes bikes, was able to report a double-digit sales increase in the first half of 2024. Though this was mainly rooted in the acquisition of Marucci Sports, as bike sales dropped by $22.9 million (€21 million).
LONDON, UK - The British capital has seen a 63% increase in cargo bikes from 2022 to 2023 according to analysis by Clean Cities. Not surprisingly the cargobike industry campaigns for a fair share of the €115 million fund which has been committed by Transport for London for businesses to scrap polluting vans. None of these millions have been dedicated to accelerate the uptake of cargo bikes.
德國，法蘭克福（FRANKFURT）－美國電動自行車市場進展較歐洲市場緩慢是業界眾所皆知的，根據未來7年30%的複合年增長率（CAGR）進行的預測，美國電動自行車市場可能在2030年達到670萬輛，追上常規自行車銷量。 以上數據為美國顧問公司eCycleElectric於Eurobike上所提供，然而，這反應出的是最樂觀的情況。
日本，大阪（OSAKA）－Shimano於上週發布上半年數據時表示，主要市場的高庫存量持續對公司造成打擊，因此該公司自行車部門上半年淨銷售年減20.7%。不過，歐洲主要市場的銷售成績出現回暖跡象。
德國，法蘭克福（FRANKFURT）－今年Eurobike的攤位上，可見Giant Group相當重視與投入實踐其ESG，其中一個吸睛亮點是Pre rCarbon自行車，其中的「r」代表使用回收原物料。重量僅2.4公斤，這是Giant首輛使用其回收長碳纖製造技術的自行車。
美國，洛杉磯（LOS ANGELES）－國際投資銀行Houlihan Lokey在一份其主導的新報告中的結尾表示：「自行車產業可預期逐步恢復，且中長期內有明顯的增長潛力。 2026和2027年將成為併購及投資機會增加的重要年份。 」相較目前市場情況，該研究指出，自行車產業可能在2030年以前迎來另一波繁榮。
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 suggesting that 2024 could be the year of stabilisation within bicycle market. Major indicators in the Netherlands and Germany are already pointing towards slow but steady recovery in these major markets.
EASTWOOD, United Kingdom - Raleigh UK risks being closed down by the government agency Companies House over its failure to file its financial results. The fully owned Accell Group subsidiary has been given three months to get its affairs in order or face being forced to shut down its operation.
FRANKFURT, Germany - Apprenticeship years are not master years - Taiwan's electronics giant Darfon Electronics Corp. also learnt this when entering the European e-bike market. The first few years were difficult. Here and there adjustments by the quickly learning stock-listed company had to be made. This led to things significantly progressing in the last three years. Find out how here.
As I wrote in one of my earlier blogs, the upcoming General Product Safety Regulation (GPSR) is food for many more blogs to come. It contains many provisions that go far beyond the current EU General Product Safety Directive (GPSD). In this blog, I would like to draw attention to a new obligation that is introduced in the GPSR: accident reporting.
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.
SHANGHAI, China - E-bike drive system manufacturer, Ananda has opened a new factory in Vietnam to strengthen its worldwide manufacturing capabilities. Already up and running, the factory will meet the growing needs in the US and European markets. Additionally, the company is celebrating a successful listing on the Shanghai stock exchange.
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."
LAUSANNE, Switzerland - The final details on the motor-gearbox system developed by Saga Group will only be presented at the end of this year but their newest product was already on display at Eurobike. Their French production partner FAVI showed the Saga motor-gearbox as an illustration of their capabilities.
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.
