PARIS, France - Velco, the French company who focuses on OEM components for bike and e-bike connectivity, has raised €5 million in funds. These funds will be dedicated to "staying ahead of the competition" and developing the sales outside of France,
MACHECOUL, France - For Manufacture Française du Cycle (MFC) 2020 was a year full of twists and turns. The pandemic eventually resulted in a hike in bicycle and e-bike demand in the last months. But despite the turmoil, MFC has invested in an ambitious expansion plan for the next 4 years.
MILAN, Italy - 2020 will be a record year for the Italian bicycle industry and for the national bike economy in general. The pandemic in the first place and the mobility bonus in second instance have given a huge boost to the market; so much that today, finding a bicycle in the shops has become impossible.
REDDITCH, UK - In its most recent interim results Halfords Group, the UK's biggest cycling retailer, has declared a doubling of pre-tax profits in the six months to October 2nd when compared to the year prior, reaching £56 million (€65 million).
VIENNA, Austria - After its successful market entry in Germany in 2018, Vello presented its innovations at the recent Autonomy Paris event. The current flagship product, Vello Bike+ is what they call "the world's first self-charging folding e-bike".
BRUSSELS, Belgium - The corona pandemic has caused an immense spark in bicycle purchases and usage. This has resulted in a huge supply chain constraint recognised by the international e-bike and bicycle industry. On 2 December they will share their vision during a webinar for a structural and sustainable growth for the bicycle industry.
Have you ever wondered what it's like to produce smart e-bikes in a country with no bike industry and become a pioneer of creating a truly advanced riding experience? This is a story of a journey that started as a side project and ended up as a benchmark for developing smart IoT e-bike solutions.
DOETINCHEM, the Netherlands - With so much development currently happening in the bicycle industry, Bike Europe asked designers Bastiaan Kok and Peter van der Veer to take a look into the future. They explored 9 trends which they see as where developments in bicycle design and two-wheel mobility in general may be heading.
NANTONG, China - To ease the company's supply chain and to be less dependent on external suppliers, a new frame building factory has been set up in China by the owner of Timyo e-bikes. "Last June lead-times got completely out of control due to COVID-19. We decided to take matters into our own hands and establish our own frame building," explains Nantong Dingyu Vehicle Industry CO. LTD CEO Steve Zhu. By late September the first series were already made.
PHNOM PENH, Cambodia - The latest figures of the country's Ministry of Commerce indicate an increasing number of exported regular bicycles. From January to September this year, Cambodia shipped a total of 1.5 million units. The Ministry of Commerce's report did not reveal the exact export volume to the EU.
