BERLIN, Germany - Cargo bikes and microcars have opened up a wide field of innovation and a large market potential by filling the gap between bicycles and cars. Norbert Haller, Managing Director of the Germany-based design & development company IDberlin, speaks about the next generation cargo bikes, the role of industrial design and his vision of future mobility.
TAICHUNG, Taiwan - Inventory reductions in the European and North American markets as well as the higher year-on-year comparison base, have had a direct impact on Giant Group's first quarter sales. The Taiwanese company has reported a 9.6% sales drop in Q1.
NOTWILL, Switzerland - The annual Swiss bicycle industry meeting at InfoTech centered this year around the panel discussion with industry leaders. The huge inventory, especially at retailers, worries people on all levels in the industry.
ZEIST, the Netherlands - The European bicycle market ended up in the inevitable correction phase after the corona related sales boom. It goes without saying that this situation was expected, the question was only, when? While 2022 sales are lower than 2021 throughout the Europe's main markets, the e-bike continues to drive the market. What's happening?
LONDON, UK - Despite literal bumps in the road, the UK e-bike market is on the rise, according to industry representatives present at the Cycle Show held in London this April. Dealers, manufacturers and newcomers alike agree on one thing, a lack of infrastructure is slowing the market. Despite this, and the slow-adoption of e-bikes compared to the rest of Europe, the UK is considered by some to be "the most exciting market in terms of growth opportunities."
AGUEDA, Portugal - The Portuguese two wheel and soft mobility sector registered a 21.68% increase in export in January, compared to the same period in 2022, data released by the National Statistics Institute of Portugal (INE) shows. The value of bicycle and component exports is also continuing to break records.
ADELAIDE, Australia - For a man who has built up of one of the world's largest bicycle companies in little more than a decade, Pon CEO Janus Smalbraak keeps a remarkably low profile. A chance meeting at the Tour Down Under gave greater insights into the company's acquisition strategy and current market outlook. "Don't panic! I think the long-term trends are incredible for biking," he reassures.
BERLIN, Germany - The past fiscal year was "a year of two halves," for German e-commerce retail giant Signa Sports United (SSU). "We were able to meaningfully increase our scale through acquisitions before being affected by the macroeconomic turbulence," explains CEO Stephan Zoll on release of the FY2022 results.
ROOSENDAAL, the Netherlands - Timyo, the international group manufacturing mid to high-end e-bikes under the brands Van Dijck, Keola and Muon, has high ambitions. Having already established a solid dealer base in Europe, a market entrance in North America is now underway and sights are set on bringing high quality e-bikes to the US. "Our goal is to have 200,000 sales of high-end e-bikes by 2026," Timyo CEO Steve Zhu tells Bike Europe.
WAARDENBURG, the Netherlands - GreenMo Group, which leases e-bikes and electric scooters to prominent delivery outlets in the Netherlands, Belgium, Germany, Austria and England has been declared bankrupt. According to the trustee, the company misjudged the growth opportunities.
