TAICHUNG, Taiwan - Strong global market demand for e-bikes and bicycles continued in the first quarter of this year. Taiwan's largest producer Giant Manufacturing Company Ltd. reports record sales and net profit for the first sales quarter of 2021. Also, Merida Industry Co., Ltd. benefits from high demand for e-bikes.
VIENNA, Austria - E-bike and bicycle sales volumes in Austria had leveled off at around 400,000 units in the past 10 years. In 2020 the market situation changed drastically and this was by no means solely due to COVID-19. For the first time the market came close to the 500,000 unit threshold.
MONTREAL, Canada - Dorel' sports division which market brands including Cannondale, GT, Schwinn and Mongoose, reports an ongoing increase in sales. For the first quarter of the year, turnover increased by 43.6% year-on-year to US$270.3 million.
PARIS, France - More and more French people are using micro-mobility products such as e-scooters, hoverboards, etc. to commute. The total micro-mobility market registered an increase of 1.2% to 1,635,000 units in 2020, according to research conducted by the FP2M and Smart Mobility Lab. The turnover in the sector increased 7.1%, reaching €291.3 million. E-scooters led the way and even overtook e-bike sales.
DOETINCHEM, The Netherlands - Not only in the bicycle industry, but the supply chains of 40% of multinationals proved unsuited to face the impact of the corona pandemic. The global crisis therefore drastically changed companies' attitudes to risk. According to international research from 320 companies, supply chain success now depends on real-time data insights, flexibility and digitization.
BRUSSELS, Belgium - Empty warehouses and low inventory limited bicycle and e-bike sales volumes in Belgium last year. According to the national industry organisation Traxio there was great interest in cycling last year but the market increase was only 4% as there were insufficient products available.
COPENHAGEN, Denmark - Since 2014, the fleet of Danish bike sharing company, Donkey Republic has grown to around 13,000 bikes and e-bikes located in more than 60 cities in 14 countries across Europe. To facilitate further expansion, the company is now preparing for a listing on Nasdaq First North in Copenhagen.
REUTLINGEN, Germany - In an open publication, Bosch ebike Systems CEO Claus Fleischer, calls for a major change of the transport policy on the company's home market Germany. "We are lagging behind when looking at neighboring countries such as the Netherlands and Denmark. They can enjoy the freedom and flexibility of a bicycle or e-bike, but changes in German society are stuck on bumpy bike paths."
COPENHAGEN, Denmark - E-bike sales continue to rise across Scandinavia prompting brands to look at their positioning on the market. Just this week two brands, the Dutch Gazelle, part of the Pon Group, and Swedish Ecoride with strong representation across the region, opened new experience centres to showcase their e-bike ranges.
NIEUWEGEIN, the Netherlands - In a recent investment round the Dutch scale-up in electric shared transport GO Sharing, raised €50 million. The expansion of its offerings with e-bikes as well as electric cars both on its home market and international is a major part of the company's growth strategy.
