TAIPEI, Taiwan - The export value of e-bikes from Taiwan for the first five months of this year amounted to US$550 million (€462 million), hitting a new record for the period. For the second concessive year the e-bike export value surpasses traditional bicycles, suggesting a long-term trend is being established.
LYON, France - Retail chain Cyclable is solidifying its place as one the most important e-bike sellers in the trekking, travel, city and e-cargo bike categories in France. In 2020, the chain which operates around 60 stores domestically, registered a turnover of €53 million against €40 million in 2019. The chain sold 50% more e-bikes compared to 2019 and has big plans for the future.
VILLENEUVE-D'ASCQ, France - Sports retail giant Decathlon United reported a 6% decrease in turnover in 2020 compared to 2019. Despite stores being closed for an average of 3 months, turnover reached €11.4 billion and net income remained stable at €550 million as online sales grew. "It was a one-of-a kind year," proclaimed CFO Jean-Marc Lemière about the annual figures.
BRUSSELS, Belgium - High sales figures have dominated industry news and this is confirmed by the latest COVID impact survey of Cycling Industries Europe (CIE). Bicycle, parts and accessories companies are showing over 30% higher revenues in the first quarter of this year compared with 2020. The CIE Impact survey shows how these numbers are flowing through to other business indicators.
MADRID, Spain - E-bike and bicycle sales in Spain hiked to more than 1.5 million units in 2020, a record. According to the latest statistics published by the Spanish Bicycle Industry Association AMBE, the total market volume increased by 24.1% compared with 2019. The e-bike category recorded the biggest growth.
BUDAPEST, Hungary - The e-bike and bicycle industry in Hungary is facing serious shortage of parts and components due to supply chain problems. This topic was addressed by Róbert Sipiczki, founder and managing director at the Hungarian manufacturer Bikefun Ltd. and secretary general of the Hungarian Cycling and Trade Association (MKKSZ) in the Hungarian media.
LONDON, UK - June 7th will see e-scooter hire trials rolled out across six out of the 32 London boroughs. Rental scooter providers Dott, Lime, and Tier will be offering their scooters for hire to the public for up to 12 months as part of pilot programs in Ealing, Hammersmith and Fulham, Kensington and Chelsea, Richmond upon Thames, the City of London and Canary Wharf.
KAOHSIUNG CITY, Taiwan - Taiwan's motorised two-wheeler giant Kwang Yang Motor Corporation, known as Kymco, has heralded an e-offensive: the e-motor scooter line previously offered under the brand name Ionex is to be spun off, at least in its home country, and expanded as an independent brand with a complete range of products from e-motor scooters to e-superbikes. Could this pose a threat to booming e-bike sales?
SHANGHAI, China - As the world's major manufacturer of forks, handlebars and stems, Zoom (HL Corp) is facing an influx in orders as a result of the high demand for bicycles and e-bikes across the globe. Effective communication, careful planning and a shift to e-bike parts are key focuses for the company as it offers a Chinese perspective on the pandemic's impact on the market.
The official 2020 sales statistics show that it was about the e-bike above all. Sales accelerated by double digits in many European countries. Also for 2021, industry insiders expect e-bike sales to expand rapidly.
