All articles by Jo Beckendorff – Page 29
-
News briefs
Bafang Europe’s GM to leave the company
After six years as general manager of Chinese e-bike drivetrain giant Bafang in Europe, Jack Brandsen will leave the Wijchen, Netherlands-based company on March 31. Brandsen joined Bafang Electric Motor Science-Technology B.V. in 2014, where over time he built a strong team of service, sales and administrative specialists. Both the ...
-
Article2020 another record year for Pierer Mobility
According to first preliminary figures, Austrian two-wheel giant Pierer Mobility AG closed the 2020 fiscal year with its tenth record in a row. The group sold a total of 326,471 motorcycles and e-bikes. With this number, the stock-listed company generated total sales of €1.53 billion in 2020. However, this is ...
-
News briefsRiese & Müller is growing consistently
The German premium e-bike supplier Riese & Müller (R&M) is adding a new administration and production building to its ”green” state-of-the-art campus in Mühltal near Darmstadt. Construction work on the new structure will begin in May and is scheduled for completion in July 2022. Following the commissioning of a new ...
-
News briefsU.S. e-bike supplier Rad Power Bikes receives further cash injection
Rad Power Bikes, which claims to be the largest e-bike provider in North America, has received another $150 million investment. The D2C e-bike brand, founded in 2007, received the amount from an investor conglomerate that includes Counterpoint Global (Morgan Stanley), Fidelity Management & Research Company, The Rise Fund, a global ...
-
News briefsRuff Cycles expands management team
After steady growth in recent years, German Ruff Cycles founder and CEO, Petar “Pero“ Desnica, has promoted his old school friend and head of marketing, Tuong “Mark“ Ngauv, to the management board. Both will now steer the manufacture, which has attracted attention with eye-catching choppers and cruisers (including electrified ones), ...
-
ArticleMyStromer opens EU service center in the Netherlands
On Feb. 1, Swiss s-pedelec pioneer MyStromer opened a new EU service center in Treurenburg, the Netherlands. Kobe Broos, former market manager, Stromer Benelux, was appointed managing director of the new subsidiary Stromer Europe B.V. In a first step, accessories and spare parts for EU customers will be delivered directly ...
-
ArticleE-bike frame manufacturer Astro cooperates with electronics giant Darfon
To further advance the electrification of bicycles, Taiwan’s high-end OEM and ODM frame manufacturer Astro Engineering has entered into a cooperation with laptop/computer keyboard and electronic component manufacturer Darfon Electronics. On Feb. 1, this new strategic alliance officially became Astro Tech Co. Ltd. Based on the essence of e-bike design, ...
-
News briefsArgon 18 to open European headquarters
After Copenhagen-based investor Henrik Lyngbye Pedersen and his company, Bregnerød Investeringsselskab Aps, increased their stake in Canadian road cycling and triathlon outfitter Argon 18 to a strategic (albeit undisclosed) majority stake in early 2019, ties to Denmark have now been further strengthened: On Jan. 26, the Montréal, Québec-based premium bike ...
-
News briefs
Propain Bicycles hires global brand manager
Source: Propain Bicycles Volker Knaus Volker Knaus has joined the team at German niche custom brand Propain Bicycles as global brand manager on Jan. 1. After spending five years building and managing the European marketing and sales office of U.S. mountain and gravel bike supplier Pivot Cycles ...
-
ArticleGreenstorm Mobility: new majority shareholder, new management
Greenstorm Mobility, a young Austrian e-mobility company that combines e-mobility with a sharing and second-hand concept, has a new majority shareholder and a new management duo. While a British private equity firm, Bregal Milestone, invested a “double-digit million amount” in 2018, it now gave another unspecified cash injection, making it ...
-
ArticleAnti-dumping duties on e-bikes from China do not benefit EU manufacturers as expected
Due to the anti-dumping and countervailing duties on Chinese e-bikes announced in mid-January 2019, e-bike exports from China to the EU shrank by 84 percent to 105,803 units the same year compared to 2018. While this double-digit decline was entirely at the expense of e-bike manufacturers in China, who were ...
-
News briefsNew CSO at RTI Sports
Source: RTI Sports Peter Bretz Since the beginning of the year, Peter Bretz has been the new chief sales officer (CSO) at German bicycle parts and accessories wholesaler and importer RTI Sports. The experienced sales professional already worked as a sales representative for RTI Sports from 1993 ...
-
ArticleZwift appoints two new executives
Last September, Zwift Inc., a virtual cycling, running and triathlon training platform, raised $450 million (€371.22 million) from various investors to further expand its business. In January, the Californians announced two senior appointments: Shortly after Mark Cote was named senior director, content programming, YuChiang Cheng joined the Zwift team as ...
-
ArticleStrong growth for Storck Bicycle
German bicycle manufacturer Storck Bicycle, which celebrated its 25th anniversary last year, says it is satisfied with its performance in the past fiscal year (2020) despite the challenges posed by Covid-19. “Although the impact of the Corona pandemic is affecting the entire industry, we are in an excellent position for ...
-
ArticleLeva-EU calls for change in legislation that discriminates against e-bike manufacturers over China components
Europe’s trade association and sole voice for the light electric vehicle industry, Leva-EU, says companies that exclusively assemble e-bikes face discrimination that threatens their existence. It also hurts the Green Deal goals outlined by the commission “and could severely hamper the EU’s net-zero emissions target.” Currently, e-bike ...
-
News briefsShimano Blue to provide neutral support at all A.S.O. pro races
On the occasion of its centennial, Shimano has announced an expanded partnership with the Amaury Sport Organization (A.S.O.), the organizer of prestigious stage races such as the Tour de France, the Vuelta, Paris-Nice and the Critérium du Dauphiné, as well as prestigious one-day classics such as Paris-Roubaix, Liège-Bastogne-Liège, Flèche Wallonne ...
-
ArticleBüchel integrates Kuhnert and Exal into group portfolio
In streamlining the organization, Kuhnert Drahtwaren and Exal Europe have been integrated into the Büchel Group. “Since Jan. 1 of this year, Büchel GmbH & Co. Fahrzeugteilefabrik KG has taken over the joint business operations of the two companies,” reads a statement from the German bicycle parts manufacturer’s corporate headquarters ...
-
News briefsUrban Drivestyle presents four-wheeled cabin pedelec prototype
E-mobility startup Urban Drivestyle Berlin has presented the first prototype of a four-wheeled cabin pedelec called the Duo Moke. With its fat tires, it is more reminiscent of an e-Kettcar or an e-beach buggy. On its blog, the company displays it as a stylish e-mobile for cool urban jungle tours. ...
-
News briefsSpecial needs bike producer Van Raam buys Polish factory
To meet the high demand for special needs bikes, Dutch special and therapeutic bike producer Van Raam has bought a factory in Poland. The contract was signed already in mid-December. No information was provided on the purchase price. The factory is located in the southwest of the country, in Wykroty, ...
-
ArticleHerrmans Group: Increasing investments in team and machine park
Growing demand for bicycles has also led to increasing production capacity at Finnish producer Herrmans Group. Its subsidiary Herrmans Bike Components, in particular, has grown at a good pace in recent years, and it continues to grow. Therefore, the company announced that several (not quantified) investments were made in both ...
