All Bike & eBike articles – Page 55
-
News briefsArdian invests in YT Industries
On Aug. 3, Ardian, a leading global investment firm based in Paris and majority-owned by its employees, officially announced that it would support German DTC mountain bike provider YT (“young talent”) Industries GmbH. While the financial terms of the deal were not disclosed, the use of the additional cash infusion ...
-
News briefsBombtrack partners with Columbia for technical off-road adventure shirts
U.S. outdoor outfitter Columbia Sportswear and German off-road bike outfitter Bombtrack Bicycle have teamed up to create a line of technical shirts for gravel and adventure bikers. The two travel shirts, “Rover” and “Wanderlust,” were officially unveiled Aug. 4 and are now available exclusively from Bombtrack IBDs in the European ...
-
News briefsTaipei Cycle 2022 goes hybrid
It’s probably rising case numbers in the country that has had a comparatively good grip on the Covid-19 situation so far that have already prompted the organizer of the Taipei Cycle Show (TCS) to make the following decision: Next year’s bicycle show will be held as a hybrid event. After ...
-
News briefsLife Time Acquires U.S. bicycle festival Sea Otter Classic
As the world-famous Sea Otter Classic bicycle festival is entering its 31st year, an important change was officially announced on Aug. 3. The festival, traditionally held at the birthplace of mountain biking in Monterey, California, has a new owner with U.S.-based Life Time Inc. No details were given about the ...
-
ArticleSRAM Group opens Time pedal factory in Portugal
On June 30, bicycle component manufacturer SRAM Group (Rockshox, SRAM, Time, Truvativ and Zipp brands) celebrated opening a new production facility for Time pedals in Portugal. Annual production capacity is to be ramped up to 200,000 pairs of high-quality pedals, the company said. No details were disclosed about the level ...
-
ArticleBMZ and Panasonic Cycle Technology announce cooperation for e-bike drivetrains in Europe
German battery specialist BMZ GmbH (aka BMZ Group) has signed a cooperation agreement with Japanese pedelec drivetrain pioneer Panasonic Cycle Technology Co. for complete e-bike drivetrain systems for the European market. This marks the entry of BMZ Group, which has previously also made a name for itself as a supplier ...
-
ArticleVision Quest Velocity secures $3.4 million in seed funding
Vision Quest Velocity LLC, an early-stage virtual cycling start-up from the U.S., announced that it has received $3.4 million in seed round funding. Strategic financial partners led the investment round. Velocity will leverage Vision Quest Coaching’s more than 20 years of experience and knowledge to launch a unique and differentiated ...
-
News briefsGermany's Sport Import expands SRAM Group distribution to Bulgaria and Romania
As of August 1, German bicycle wholesaler and distributor Sport Import GmbH is officially expanding the SRAM Group aftermarket distribution to Bulgaria and Romania. In Bulgaria, the experienced wholesaler shares the distribution of SRAM Group brands Rockshox, SRAM, Time, Truvativ and Zipp with Velomania Ltd. In Romania, the company will ...
-
ArticleExcellent results mark the first half of Shimano’s 100th anniversary year
Further Covid-related temporary plant and port closures on the one hand, and unabated high demand for bicycle products and fishing tackle on the other, gave Japan-based supplier Shimano Inc. a hard time in the first half of 2021. However, unlike in the first half of 2020 (when the supplier had ...
-
News briefsFirst German joint order and preview show Eurobico successful
According to the German bicycle buyers’ group Bike&Co and Eurobike maker Messe Friedrichshafen, the first joint order and preview trade show Eurobico (July 24-26) met all expectations – not only because it was, at last, a personal “face-to-face” exchange after a long Covid-related absence from trade events, but also because ...
-
News briefsMyStromer AG welcomes three new distribution partners
Swiss S-pedelec pioneer MyStromer AG plans to drive the mobility revolution with no less than three new national distribution partners, namely in Italy, the U.K. and the United Arab Emirates (UAE). While Greenlife Mobility has already been taking care of Stromer pedelecs in Italy since May and is currently working ...
-
News briefsRaleigh’s DACH region distribution to return from PBG to Accell in 2023
The Dutch Pon Bike Group (PGB, with brands Cervélo, Focus, Gazelle, Juliana, Kalkhoff, Santa Cruz, Union and others) has been distributing the traditional British bicycle brand Raleigh as a licensed brand in the German-speaking markets since 2005. As the license agreement with Accell Group expires at the end of September ...
-
News briefsGerman specialty bike manufacturer Hase Bikes expands and modernizes production
Due to strong growth in recent years, German Hase Bikes is investing in a new building, giving the specialty bike manufacturer (recumbent trikes, step tandems and cargo bikes, including “e”), which has also made a name for itself in the rehab sector, the opportunity to reorganize production. The new facility ...
-
ArticleNew legislation in the U.S. could help the environment – and boost e-bike sales
U.S. Senators Brian Schatz (Democrats, Hawaii) and Ed Markey (Democrats, Massachusetts) have introduced the Electric Bicycle Incentive Kickstart for the Environment Act in the U.S. Senate, a bill that would prioritize electric bicycles as a zero-emission mode of transportation by making them more affordable and accessible to all Americans. If ...
-
ArticleParts shortage slows Accell’s results
A growing market for bike parts and accessories helped Accell Group to raise net sales for the six months to June 30 by 3.3 percent to €699.1 million, despite a drop in sales of finished bicycles due to supply and logistics problems. Order books for electric bikes remained strong, but ...
-
News briefs
Rapha Foundation supports new British Cycling City Academies
Rapha Foundation has teamed up with British Cycling, the governing body for cycling in the U.K., on a new community initiative aimed at making cycling more inclusive across the country. The partnership, resulting in the British Cycling City Academies Supported by Rapha Foundation, will promote gender balance and the inclusion ...
-
ArticleVelocio partners with Apidura for U.K. repairs
Repairs are essential to keep products in use longer but sending a product to a central repair hub can accrue a significant carbon footprint. To reduce this negative consequence, Velocio, a cycling apparel company based in New Hampshire (U.S.), has partnered with Apidura in the U.K., a company that makes ...
-
News briefsStrategic expansion of Gruppo’s management team
Following the recent announcement that U.S. investor Victor Luis and his Asobi Ventures Inc. have joined Cinelli and Columbus manufacturer Gruppo Srl as majority shareholders, and the introduction of Marcello Segato as the new CEO, the Italian company has now hired Walter De Luca as a member of the executive ...
-
ArticleHigh demand for bike helmets results in tremendous sales increase for Mips in H1
After a strong start to fiscal 2021, “brain protection” helmet-technology maker Mips AB stepped it up a notch in the second quarter. As a result, the Swedish company posted total sales of SEK 225 million (€22.0m-$25.9m) in the first half of the year, despite challenging supply chain issues. Compared with ...
-
ArticlePierer Mobility and Maxcom join forces for new e-bike factory
On July 21, Austria’s Pierer Mobility AG and Bulgaria’s largest bicycle manufacturer Maxcom Ltd. announced the establishment of a joint venture in which each party will hold a 50 percent stake. With an investment of €40 million, this joint venture will develop a state-of-the-art e-bike production facility in Bulgaria on ...
