Following the acquisition of Harley Davidson's founded e-bike brand Serial 1 in 2023 and the takeover of the bankruptcy estate of the e-bike brand Rad Power Bikes, QuietKat is the latest to be added to Life EV Group's portfolio as it quietly builds a "made in the USA" e-mobility platform.
Artificial intelligence is rapidly changing how businesses handle data. AI tools can now map fields, convert formats, and identify inconsistencies. For many industries, including the bicycle industry, this raises an important question: if AI can manage, translate and interpret data automatically, do companies still need to invest in digitalisation and industry standards?
Giant Group's financials continue to reflect the significant headwinds the industry is facing as the glut drags into a third year. The company reported Q1 2026 revenue of NT$12.52 billion (€336 million), down around 25% year-on-year, following steep monthly declines of more than 20% in January and 40% in February.
Volatile trade policies, a challenging market environment, unfavourable currency effects and intensified competition shaped Bosch Group's 2025 financial results. Against this backdrop, their expectations for 2025 have not been met, and sales revenue rose slightly by 4.1% after adjusting for exchange-rate effects. Bosch eBike Systems CEO Claus Fleischer gives insight into what this means for the e-bike industry.
British bicycle manufacturer and industry barometer Halfords Group UK reports strong performance in its bicycle segment for FY26 (April 2025 - April 2026). The Group says sales have increased across its core industries of automotive, retail and leisure, but none have seen as much progress as its cycling division, which climbed 6.4%.
Contrary to almost all other European countries, the Belgian bicycle market is performing very well. After the 2022 peak, the market bounced back to a pre-pandemic level, and has not been affected by the sustained decline seen in Germany, Italy and the Netherlands. In 2025, the Belgian market even experienced a 7.1% increase to 578,737 units in total. What made this Belgian miracle?
Decathlon S.A. reported steady growth in 2025, even as market development across the sporting goods and bicycle sectors remained uneven. The French retailer reports increased revenue and profitability. At the same time, limited disclosure around category-level performance, especially in cycling, leaves open questions about where that growth is coming from and how sustainable it may be.
Pragma Industries, known for its pioneering technology in hydrogen-powered bicycles, has filed for liquidation. This move, while not entirely unpredictable given the company's admitted difficulties last year, brings an abrupt end to more than two decades of work in the fuel-cell mobility sector.
The slowdown in consumer spending and market uncertainty due to the geopolitical situation is starting to surface in the financial results in the e-bike and bicycle industry. Except for the Oceanian market, Shimano reports weak retail sales worldwide. As a result, net sales in bicycle and e-bike components in the first quarter of 2026 decreased 0.7% year-on-year to 87,361 million yen, and operating income decreased 46.3% to 7,792 million yen.
Following approval by the antitrust authorities, BMZ has been cleared to make a fresh start under new ownership and management. The battery manufacturer is now fully in the hands of SKion GmbH and founder Sven Bauer has made way for a new CEO to steer the company as it looks to expand internationally.
Finnish bicycle component manufacturer, Herrmans Bike Components, has acquired the technology and business from Taiwanese lighting specialist Roxim Technologies. The move will see Herrmans expand its presence in Asia and broaden its offering in lighting solutions. The transition is now at full speed and Herrmans will officially take over the business from 1 May.
Singapore-based DuTech Holding Ltd. is rapidly snapping up a series of companies in the bicycle industry. As a global player in cash-handling machines (ATMs), the company is now also eyeing the bicycle industry, particularly in Europe. As the bicycle industry's financial position has remained weak since the aftermath of the pandemic, this strategic investor is a welcome guest for many companies.
To leverage access to key investors, industry mentors, and strategic partnerships with leading brands, the Arkansas Global Cycling Accelerator (AGCA) has selected 10 companies for its 2026 cohort. The program is designed to help tech-enabled companies in the cycling industry explore business opportunities in the United States and Arkansas.
The bicycle industry was not a preferred target for financial investors when the e-bike market entered its growth phase in 2010; its growth rate and return prospects were not as attractive as those of e-commerce companies, for example. After 2010, financial investors stepped in, but many have since left the industry. What's next?
As part of a share deal with Asian Tri Star Inc. (Tri Star Group) on 12 February, the lifting of the insolvency proceedings paved the road for a restart of the more than 100-year-old traditional company, Sprick. It has been a long and tough ride for the responsible insolvency administrator, Axell Geese from Streitbörger PartgmbB. Since the traditional German bicycle producer Sprick Fahrräder GmbH filed for insolvency at the end of 2024, Geese has been searching for someone to revive the long-established bicycle manufacturer.
The China Cycle Show 2026 can count on more international interest than before. Driven by the sports market and the country's fifteenth five-year plan (2026-2030), local manufacturers have recognised the value of brand building, a trend quickly being adopted by other categories. The nation's shop window to the rest of the world showcases the progress of its bicycle industry.
Taiwan's bicycle industry signalled that it was entering a bold new era at this year's Taipei Cycle Show. Under the guidance of Taiwan's Ministry of Economic Affairs, the Cycling & Health Tech Industry R&D Centre (CHC) unveiled a suite of R&D achievements, highlighting the strategic integration of Taiwan's bicycle manufacturing with advanced Information and Communication Technology (ICT). A key feature was the Cycling Common Protocol Alliance (CCPA), launched to enhance system interoperability and strengthen collaboration across the bicycle and ICT industries.
Three years of declining business performance has not left the Taiwanese industry unscathed. After the sales peak in 2022, the industry waited for better days, citing excess inventory as the reason for the downturn. The Taipei Cycle Show 2026 made clear that many companies cannot wait any longer. "Nobody is able to wait any longer after three years of standstill," said Astro-Tech president Samuel Hu.
The debate around Eurobike has entered a new phase since German industry organisations announced they will organise "a leading international trade show" in 2027. This decision stems from a dispute between the Eurobike organiser, Fairnamic, and the German industry organisations ZIV, Zukunft Fahrrad and VSF. This latest strategic move suggests a potential return to a dual-tradeshow landscape for Europe, reminiscent of the pre-2008 era when IFMA Cologne and Eurobike operated alongside each other.
Price dumping, retail distress, safety and cycling culture were frequently cited as key factors behind the current downturn in the Italian e-bike and bicycle market. But what is really holding back the Italian bicycle market? Massimo Panzeri, Atala CEO, former president of CONEBI and now a board member of European Cycling Industries, shared his shocking perspective with Bike Europe.
Cycling can still attract interest from both institutional buyers and non-institutional investors, as the heavily oversubscribed Dahon IPO at the Hong Kong Stock Exchange showed last September. Amidst all the excitement on the exhibition floor of the Taipei Cycle Show, Bike Europe had the opportunity to speak with Dahon's owner, Dr David Hon, about his company's strategy.
Long associated with self-balancing devices and shared micromobility, Segway is accelerating its move into the global e-bike market. Speaking at CES, which took place this month in Las Vegas, Nick Howe, head of e-bike worldwide at Segway, made it clear that the company's ambition goes well beyond launching new models. Segway wants to transplant proven automotive and powered two-wheeler technologies into cycling.
HEERENVEEN, The Netherlands - The final Batavus bicycles have rolled off the assembly line in the Netherlands, marking the end of an era for the Accell Group as it opts for centralised production in Hungary. It also marks the end of 45 years in the bicycle industry for Accell stalwart Menno Visser, who is now retiring. Having started at Batavus on the assembly line, he worked his way up to commercial director and spent the past years as a project manager at Accell. In an exclusive interview, he reflects on industry changes and his vision for the future.
On 1 May, 2026, there will be a new CEO at Canyon. The German bicycle manufacturer has appointed Matthias Meier to take the lead as chief executive officer at Canyon Bicycles, alongside founder and Executive Chairman Roman Arnold.
Europe's largest specialist bicycle retail association, Zweirad-Einkaufs-Genossenschaft (ZEG), appointed a new board member as part of its strategic realignment. The recently appointed Matthias van de Loo has assumed the role of chief financial & chief operating officer (CFO/COO). According to the dealer cooperative, "the strategic realignment is consistently pursued, with a focus on implementation and a future-oriented approach."
Scott has announced the appointment of Hsuan Boon Tan as co‑CEO, serving alongside the existing co‑CEO Pascal Ducrot. Hsuan Boon Tan will be based at the company's global headquarters in Switzerland. The company writes that, "the appointment marks the company's progression into a new phase focused on sustained growth and strengthened overall economics following a successful stabilisation period after several turbulent years for the industry."
Matteo Cassina, the Italian manager and entrepreneur, owner of Passoni and the media platform Rouleur joins the Campagnolo Board at a pivotal moment for the component manufacturer. It signals a new phase following recent restructuring talks and labour agreements. For the first time in its history, the Italian brand has taken a significant step in its governance by appointing a Board member from outside the founding family.
