BOCHOLT, Germany - In the past weeks this trade journal reported about the enormous cost increases for the industry. It becomes unavoidable for bicycle and e-bike suppliers to add at least a part of those extra costs to their sales prices. Many direct sellers like international operating Rose Bikes
BERLIN, Germany - The e-bike market entrance of Brose came late, but not too late. As a well known and experienced supplier of electric motors for the automotive industry the company transformed their business to e-bikes as well. This March, the one millionth motor will leave the company's Berlin production facility.
PARIS, France - The International Transport Forum (ITF) is calling on governments to prioritise cycling over cars to minimise pollution, improve the environment and meet sustainability objectives. In a boost for cycling initiatives, the number one recommendation in their latest report is to redistribute road space
MILAN, Italy - At the height of the bicycle boom, with forecasts of 20% growth on 2019 figures and over 2 million units sold in 2020 according to the national association estimates, Italian cycling companies are now facing the challenging consequences of the pandemic. Nine leading companies in the bike sector gave their view in this report on what is happening and what to expect for 2021.
REDDITCH, UK - The latest seven weekly set of figures from the UK's leading cycle retailer Halfords shows annual profits for the 2020/21 financial year are expected to be in the range of £90-£100 million (€104-€115 million). These 'better-than-expected' figures are underpinned by spectacular cycling sales figures.
BUSETO PALIZZOLO, Italy - "The double-digit growth trend which started last year will continue into 2021 and I think it will take until 2023 before the supply chain situation will consolidate," says Emilio Lombardo, CEO of Cicli Lombardo S.p.A. which is among the top four Italian bicycle manufacturers.
BERLIN, Germany - Product availability will remain the biggest challenge for 2021. "Demand for e-bikes and bicycles continues to be bold while production capacities can't be adjusted so quickly to keep up with demand," said David Eisenberger representing the German industry association ZIV.
BRUSSELS, Belgium - The European bicycle industry has huge potential as the mobility landscape shifts to more sustainable forms of transportation, notes the recently published European Mobility Atlas 2021, a report analysing key facts and figures about transport in Europe.
FRANKFURT, Germany - It is a rapidly growing and global phenomenon: bikes of different breeds zipping through cities, being picked up and deposited at will. They belong to companies, not privates. The future of cycling could be sharing, not owning one. "A trend in the making," experts say. How can companies avoid the same pitfall which made an end to the Chinese 'free-floating' bike sharing systems?
LONDON, UK - HumanForest, a newly established e-bike provider has raised £1.3 million (€1.46 million) via a crowdfunding campaign. Headed by a former senior executive of Spanish ride sharing company, Cabify, HumanForest aims to offer a sustainable e-bike service in cities starting with London this Spring.
