BRUSSELS, Belgium - Finalising the trade agreements currently under negotiation is one of the tasks of the next Trade Commissioner, Maros Sefcovic. The agreements with Malaysia and Thailand will certainly be part of that commitment. The best-known company in the bicycle industry based in Thailand is Vittoria while Malaysia is the home of Shimano's supplier Kwang Li Industry.
DHAKA, Bangladesh - A growing number of suppliers of bicycles and various components to the European market have recently invested in production in Bangladesh. The country is already home to a few key global bicycle joint ventures. Now other Asian suppliers to Europe are also investing into production facilities considering low cost of production like low labor costs and duty exemptions for exports to Europe.
APELDOORN, the Netherlands - To step up Merida's presence, the Benelux distributor of the Taiwanese manufacturer has expanded into Denmark as the official importer for this country. This strategic move strengthens Merida's foothold in the Scandinavian region, furthering the brand's commitment to delivering high-quality bikes and cycling gear to a wider audience.
BERLIN, Germany - The latest insolvency in the bicycle industry comes as a surprise, at least to outsiders. With their innovative LEV vehicles - a hybrid between an e-two-wheeler and a car - the Berlin-based Onomotion is seen as a state of the art 'last mile' vehicle with a golden future, particularly in the urban logistics sector.
LORIOL-SUR-DROME, France - Look Cycle Group has announced the sale of the high-end carbon bicycle wheel specialist Corima. The two companies formed together in 2016 when Look Cycle became the owner of Corima. In 2022 the two companies fully merged but have now split up again effective 30 September 2024.
BARCELONA, Spain - The strategy to concentrate on 'Powered Two-Wheelers' by Pierer Mobility AG led to the announcement to part ways with its pure bicycle and e-bikes brands Felt Bicycles and R Raymon. The company wanted to focus on motorcycles and e-bikes including the brands Husqvarna and GasGas E-Bicycles. After the publication of this new strategy, it turned out that Felt Bicycles was still somehow part of Pierer Mobility. To shed some light on the situation, Bike Europe sat down with Felt Bicycles managing director Florian Burguet.
BRUSSELS, Belgium - Over the first nine months of 2024, registrations of second-hand speed pedelecs in Belgium increased by +17.4% compared to the same period in 2023, and by +39.3% compared to 2022, according to figures released by trade association Traxio. However, for new speed pedelecs a reverse trend is seen as sales dropped 17.9% compared to 2023.
BAD URACH, Germany - As German Gustav Magenwirth GmbH & Co. KG announced back in spring 2024, it intends to significantly strengthen its innovative power as part of the future-oriented strategic restructuring of Magura parent company Magenwirth Technologies GmbH (MWT). In this context innovation- and development-oriented Ingo Beutner was hired as additional managing director to the Magura management board.
Nokobike, a leader in electric and sustainable mobility, has opened its new 4,000 sqm production facility. This expansion highlights the company's dedication to innovation and sustainability within the bicycle and micromobility sector. With a vision centered on pushing technological boundaries and reducing environmental impact, the new factory sets a precedent for the future of industrial production in this evolving industry.
I'm writing this blog while sitting on a train to Amsterdam. Once I arrive and walk to my destination, I'll need to watch out for a fairly recent phenomenon: fatbikes. I live in a quiet little village, so I thought it wasn't that big of a deal. But whenever I come to Amsterdam, I suddenly understand the alarming Dutch news headlines much better. These things can be dangerous!
荷蘭，海倫芬（HEERENVEEN）−Accell Group與該集團多數利益相關者達成協議，有望改善其財務狀況。該交易能讓Access Group債務減少約6億歐元，相當於約14億歐元總債務約四成。
法國，塞納河畔羅米伊（ROMILLY SUR SEINE）−法國Cycleurope Group和Grimaldi Industri AB於10月7日由Rebirth Holding SAS接管。Cycleurope在一份簡短聲明中表示，該公司將100%所有權轉移給Rebirth Holding SAS，交易金額未公開。
比利時，布魯塞爾（BRUSSELS）−歐盟執委會（European Commission，以下簡稱執委會）已正式宣佈Wuxi V8電動胖胎自行車（以下簡稱胖胎車）在歐盟境內被認定為「無牌」車輛，這代表任何人騎乘這類車輛行駛於道路上均屬違法行為，且無受保險保障。這款中國製車款今年在荷蘭市場熱門程度大增。
荷蘭，阿姆斯特丹（AMSTERDAM）−在Pon.Bike的協助下，Ziemi得以將其創新自行車照明系統推入國際市場。此次一共有7個投資方參與，Pon.Bike為最大出資者，該輪籌資金額達約30萬歐元。
OBERWANGEN, Switzerland - After 11 years at Stromer, co-CEO Tomi Viiala has decided to step back from the operational business and leave the company. The reason given is to "spend more time with his family, who live in Finland." Viiala will remain a shareholder of Stromer.
BRUSSELS, Belgium - Cycling as a lever for economic growth was the key message of the CIE 2024 Summit on October 2, organised by Cycling Industries Europe in partnership with the Benelux Union. Over 200 attendees discussed a blueprint for cycling industry policies heeding the EU Declaration on Cycling's call for the 'development of a world class cycling industry'.
OSAKA, Japan - To hit back on e-bike drive system suppliers who overshadow Shimano's leading market position, the component manufacturer will start mass production of its AI-integrated drive train system Q'Auto. Launched as a concept at Eurobike 2023, the first bikes featuring this system will be on the market soon. CEO Yozo Shimano explains the business decision to take this step forward.
AMSTERDAM, the Netherlands - Support from Pon.Bike makes it possible for Ziemi to venture its innovative bicycle lighting system into international markets. Pon.Bike is, among others, the largest of seven parties that recently participated in an investment round raising €300,000.
ROMILLY SUR SEINE, France - The operation of Cycleurope Group and Grimaldi Industri AB in France will be taken-over by the Rebirth Holding SAS as of 7 October. In a short announcement Cycleurope reports the transfer of 100% ownership to Rebirth Holding SAS for an undisclosed amount.
HEERENVEEN, the Netherlands - Accell Group reached an agreement with a majority of its financial stakeholders and could improve its financial position. The transaction will lead to a reduction of Accell Group's debt by approximately €600 million, or around 40% of the total debt, from approximately €1.4 billion.
