Mobility – Page 7
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ArticleDometic acquires Valterra Products
Dometic, the Swedish brand that just joined the Scandinavian Outdoor Group (SOG), has reached an agreement to acquire Valterra Products, a North American provider of service and aftermarket products primarily for the RV (recreational vehicles) industry. The acquisition expands Dometic’s service and aftermarket position with new products, a broader distribution ...
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ArticleChinese e-mobility specialist Yadea announces global expansion course
At an international press conference in mid-April, Chinese e-two-wheeler giant Yadea Technology Group Co., Ltd. unveiled its product mix with which it plans to make a global splash in the future. Under the slogan “Electrify your life,” the first e-scooters and e-bikes were added to the global portfolio presented at ...
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News briefs
Two new SOG members
The Scandinavian Outdoor Group (SOG) has announced two new members for 2021 with Dometic and Superstainable. Dometic is a Swedish brand offering solutions for mobile living, providing products for recreational vehicles, vans and boats and now expanding into product categories solving the same needs but without installation into a vehicle. ...
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ArticleHama Group acquires majority stake in Messingschlager
With retroactive effect as of Jan. 1, Hama, a leading international supplier of accessories for consumer electronics, has acquired a majority stake in Messingschlager, one of the world’s largest importers of bicycle accessories. With Hama’s entry, Messingschlager intends to set the course for future growth in good time. ...
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ArticleWill IAA Mobility become the new bicycle platform?
With its completely revised concept as a comprehensive show for mobility providers, the new IAA Mobility in Munich also aims to offer the bicycle segment an attractive platform. Like IAA in Frankfurt in the past, IAA Mobility under the aegis of Messe München will primarily be a B2C event. To ...
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ArticleRecord quarter for Fox
Fox Factory Holding Corp., which manufactures performance-defining ride dynamics products primarily for bicycles, on-road and off-road vehicles and trucks, achieved record fourth-quarter sales, rising by 41.2 percent to $262.4 million. This increase reflects a 44.6 percent rise in its specialty sports group sales and a 38.7 percent gain in the ...
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ArticleVolkswagen enters bicycle leasing and financing business
On February 18, Volkswagen Financial Services, a wholly-owned subsidiary of German automaker Volkswagen (VW), announced an expansion of its broad range of mobility services to include leasing and financing of bicycles and e-bikes. The new business will be generated through VW Volkswagen Financial Services’ investment in Digital Mobility Leasing (26 ...
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ArticleGarmin’s outdoor and fitness sales surge
Robust demand for advanced wearables and cycling products helped Garmin post record results for the fourth quarter of 2020. The company headquartered in Schaffhausen, Switzerland, with operational headquarters in Olathe, Kansas, which also makes equipment for the aviation and automotive industries, reported that its total sales rose by 23 percent ...
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News briefsTravel and leisure show f.re.e 2021 canceled
Source: Messe München Despite fully booked halls, loyal exhibitors and partners, and interested visitors, Messe München has canceled f.re.e 2021, its travel and leisure show that had already been postponed from its original date in February to April 21-25, due to the ongoing Covid-19 pandemic. The uncertainties ...
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News briefsPierer and Kiska set up development center for Husqvarna E-Bicycles
Europe’s leading motorcycle manufacturer Pierer Mobility, together with its young and wholly-owned e-bike division Pierer E-Bikes (brands Husqvarna E-Bicycles, GasGas and R Raymon) and Pierer Mobility’s long-time strategic brand development and design partner from Austria, Kiska, is establishing its own development & design center in Munich for its Husqvarna e-Bicycles ...
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ArticleRobust sales and earnings for Thule
Swedish Thule Group saw its sales soar by 32.6 percent from the year-ago quarter to 1,605 million Swedish kronor (€159.3m-$193.2m) or 44.6 percent in constant currencies. Net income jumped to SEK 164 million (€16.3m-$19.7m), from SEK 30 million for the fourth quarter of 2019. The gross margin expanded by 1.8 ...
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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 ...
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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 ...
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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. ...
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ArticleE-bike start-up Angell launches communication across U.K. and Europe
Angell, a French brand founded in 2018 that claims to make the world’s lightest electric bike (<16kg), has appointed the London office of Purple PR to handle all communications in the U.K. and Europe. Purple will oversee launches, influencers, events and partnerships throughout these markets. Source: Angell Angell ...
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News briefs
Polaris appoints Michael Speetzen as interim CEO
Polaris, a U.S. snowmobile and off-road vehicle manufacturer, has announced the appointment of Michael Speetzen, the company’s Executive VP and CFO, to serve as interim CEO. Speetzen joined Polaris in August 2015 as Executive VP Finance and CFO. Prior to Polaris, he had served as Senior VP and CFO of ...
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News briefs
French retail chain Monoprix to offer bicycle products and repair tools
Monoprix, part of Casino Group, is planning to offer products for urban mobility at its downtown stores. A pilot of “La Station,” the name that was chosen for this new area of the store, has been set at the Monoprix store in Paris Montparnasse. This particular store was recently reopened ...
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News briefs
HumanForest raises €1.4 million via crowdfunding
HumanForest, the British e-bike sharing start-up, has completed its crowdfunding campaign and raised around €1.4 million. Support came from 523 investors via Crowdcube. Founded in 2019, HumanForest aims to offer sustainable micro-mobility to a host of global cities, starting with London in spring 2021. The company successfully ran a trial ...
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ArticleYouth Alpine Interrail: Young adults campaign for more sustainable mobility
As part of the Youth Alpine Interrail project, young adults traveled by train through the Alps in the summer of 2018 and 2019 and addressed climate protection and sustainable mobility. On Dec. 9, 2020, they and other young adults discussed with representatives of environmental and spatial planning ministries what is ...
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News briefs
A new U.K. alliance for sustainable transport
Nine groups have joined forces in the U.K. to launch the Sustainable Transport Alliance, a new partnership that will work to promote sustainable mobility. The Sustainable Transport Alliance has been established by: Bus Users UK; the Campaign for Better Transport; Collaborative Mobility UK (CoMoUK); the Community Rail Network; the Community ...
