Pon declares 'robust' 2023 performance despite bike market correction
AMSTERDAM, The Netherlands - Following a historic year in 2022, the bike division of Pon Holdings has reported a 5% drop in 2023. Referring to the...
AMSTERDAM, The Netherlands - Following a historic year in 2022, the bike division of Pon Holdings has reported a 5% drop in 2023. Referring to the...
GIVISIEZ, Switzerland - The announcement by Scott Sports Group SA majority shareholder Youngone Corporation to lay-off its CEO and minority...
EDINBURGH, Scotland - A 9-digit private growth-equity fund which has already supported Rebike, Bike Club and Grover in the micromobility sector,...
SCHRAMBERG, Germany - hGears AG, the European precision e-bike transmission parts and components manufacturer, reports a 16.9% year-on-year decrease...
MONTIGNY-LE-BRETONNEUX, France - The French Alltricks group has reported a 4% increase in sales last year despite the difficult conditions. "In 2023,...
TAIPEI, Taiwan — The inaugural Bike Venture Program, co-hosted by Taipei Cycle and ecosystem builder Anchor Asia (aka Anchor Taiwan), brought a new...
AARAU, Switzerland - This Swiss bicycle market developed in 2023 in line with other European countries. After the sales peak in 2020-2022, the market...
MILAN, Italy - The 2023 bicycle market in Italy closed with a 23% year-on-year decline in sales volume. Italy's bicycle industry association ANCMA...
BRUSSELS, Belgium - The bicycle industry is eagerly waiting better times. Although some insiders noted slight changes in the market in a positive...
BERLIN, Germany - Bicycle production and sales in Germany attained very high levels in 2023, comparable to the bicycle boom in 2020. Despite the...
KOPRIVNICE, Czech Republic - Bicycle manufacturer Bike Fun International (BFI) has appointed René Gasser as its new CEO. He will take over the...
ERKRATH, Germany - When e-bikes began to make a market entrance, global brand Giant determined that innovation in integrated in-house technologies...
LUDHIANA, India - Indian bicycle OEM HMC Hive, a Hero Motor Company, has forayed into contract manufacturing with the signing of a €33 million...
WELS, Austria - Pierer Mobility Group warns for more consolidations and job losses in its bicycle and e-bike division in the year ahead in its...
MADRID, Spain - Bicycle production in Spain saw a 6.8% year-on-year decrease in production in February, after registering a 10.5% decrease in the...
SAINT QUENTIN, France - In order to supply its European based e-bike manufacturers swiftly and with shorter lead times, Yamaha Motor Europe opened a...
TAICHUNG, Taiwan - Operating a production facility in Taiwan and Vietnam, plus service centers in Italy and the United States, Glory Wheel (GW) has...
TAICHUNG, Taiwan - In 2022 and 2023, the Marwi Group embarked on a journey towards environmental sustainability. "We are ambitious," says Marwi Group...
The Taipei International Cycle Show is always a good moment to take stock of the market situation, but this year 'Taipei' prepares the business to...
Sustainability is becoming increasingly integrated into business practices in the bicycle industry. Be it at a manufacturing, distribution or company...
In a competitive market, drive system manufacturers have focused on various strategies during 2023. Development has focused on both an optimal riding...
In recent years an increasing number of bicycle companies have opted for close to market production in Europe. Spurred on by the need for a...