PARIS, France - This July the French Parliament voted in some new measures to promote more sustainable and active mobility in the country. In what should be a boost to the bicycle sector, French nationals now have access to several financial aids to help them purchase an e-bike.
DRESDEN, Germany - E-commerce specialist, BIKE24, reports that it has "solidly navigated the first half of 2022" with full-bike sales up by 12% despite a challenging environment. The German retailer's internationalisation strategy is also paying off with substantial revenue increases in localised markets Spain, France and Italy and new European markets are on the cards.
AMERSFOORT, the Netherlands - The largest bicycle dealer cooperative in the Netherlands, Dynamo Retail Group has reported strong sales figures this year. While bicycle sales dropped by double digits last year, Dynamo Retail Group saw a hike of 12.1% between January and July this year.
TAICHUNG, Taiwan - Rising global inflation and the war in the Ukraine did not yet recoil sales of Taiwan's Giant Manufacturing. The company reports record sales in the second quarter of this year. For the first half of this year total sales increased by 7.2% to TWD 45.01 billion (€1.47 billion). Whether the rising tension in the Straits of Taiwan will impact the third quarter sales in unknown yet.
ZEIST, the Netherlands - The first half of 2022 saw a brisk increase in speed-pedelec sales in the Netherlands. From January to June the number of registered speed-pedelec increased to 2,129 units, or 11% more than the same period in 2021. After that followed a completely different period.
With the recently acquired brand Saxy and a promising range of brand new e-bike models equipped with modern technology, Chinese manufacturer Hongji Bike wants to expand their business. The positive feedback at Eurobike 2022 showed that General Manager Alfred Wang and his team are on track.
OSAKA, Japan - In its latest financial report, Shimano reports that market inventories of completed bicycles, especially the high-end bicycles remained at a low level, as strong demand continued. Meanwhile, inventory of entry-level bicycles has increased to a high level as their supply caught up with the demand.
TAIPEI, Taiwan - In the first four months of 2022, the export of bicycles, e-bikes and bicycle components from Taiwan is showing a strong growth. This was report by the Taiwan Bicycle Association (TBA) during the new product launch event at Eurobike last week.
BRUSSELS, Belgium - As one of the most important speed-pedelec markets in the European Union, the industry was rather worried about the sluggish sales last winter in Belgium. Nevertheless the market picked up in spring and recorded a growth of 26.2% in the first half year-on year.
AGUEDA, Portugal - The joint booth of the Portuguese bicycle industry at Eurobike last week reflected the positive vibe of the country's industry. A prototype on display was entirely built with high-end components, which except for the tyres were all 'made in Portugal'. At the same time, ABIMOTA, announced a record export level for May.
