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.
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.
MUNICH, Germany - Due to dropping e-bike sales, German torque sensor maker NCTE AG had to swallow hard in the first half of 2024. But there is a light at the end of the tunnel. A whopping incoming order increase is keeping the stock-listed company optimistic about the future.
Renowned for its commitment to sustainability and cutting-edge design, Finnish bicycle component producer Herrmans is about to solidify this reputation at Eurobike 2024. In an interview with R&D Director Joel Savikko, we delve into the company's sustainable initiatives and their exciting new products set to debut in Frankfurt.
With the market swiftly changing, more and more bicycle companies are preparing parts to streamline and improve the durability of electric bikes, particularly given a huge surge in demand is expected in the near future.
TAIPEI, Taiwan - The introduction of tyre carcasses and anti-puncture fabric made of recycled fishing nets gave Formosa Taffeta a successful introduction into the bicycle industry. Companies like Schwalbe, Vittoria, CST and Kenda all embraced this product to make their tyres more sustainable.
OSAKA, Japan - Bicycle component manufacturer Shimano reports that demand for bicycles continued to be weak at the start of the year. In the first quarter of 2024, net sales decreased by double digits compared to last year. Also for the rest of the year the outlook will remain uncertain for Shimano.
A look at the bicycle industry reveals various approaches to dealing with an economic downturn. Leading the way is one such strategy, as demonstrated by Tektro and TRP. For 2024, the bicycle component specialist has planned a series of product launches. The first unveiling will already take place at the Garda Bike Festival in May.
By appointing Silvan Schäfer as marketing coordinator for Europe, Tektro is set to intensify its marketing efforts across the continent. In addition to expanding its presence in Germany, the company plans to boost its visibility across several other European markets.
GRENOBLE, France - French companies eBikeLabs and Vefaa have announced the creation of an e-bike equipped with eBikeOS technology, one of the first operating systems dedicated to e-bikes. Known as Bonjour Techno, the first prototypes of the e-bikes have been available since March. All units are assembled in Villeurbanne, at the 'Usine à vélo', an assembly factory for other French brands such as AddBike, Cyclik, Vepli and many others.
