International
REUTLINGEN, Germany (BRAIN) — Bosch eBike Systems is taking a 50% stake in Magura Bike Parts, a subsidiary of Magura. The new venture, called Magura Bosch Parts & Services, will handle service and replacement parts distribution for Bosch e-bike systems in Europe. A spokesman at Bosch's U.S.
TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing's chairwoman, Bonnie Tu, told Bloomberg that the era of "Made in China" is over.
FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike's organizers are changing some policies in order to engage consumer-direct brands, brands with large dealer events, and other companies that have seen little value in attending trade shows.
WASHINGTON (BRAIN) — Early in this decade, the U.S. imported bike car racks, high-end road wheels, and the occasional road bike from Mexico. As recently as 2001, the U.S. imported hundreds of thousands of bikes annually from south of the border. But more recently, Mexico has exported almost no bicycle products to the U.S.
GIVISIEZ, Switzerland (BRAIN) — Scott Sports is now occupying its new headquarters building here, a 7-level, 278,000-square-foot structure that houses 600 employees in the company's Bike, Winter, Moto and Running divisions.
KIRCHBERG, Luxembourg (BRAIN) — Giant Electric Vehicles has asked the General Court of the European Union for an anullment of the 24.6% anti-dumping duties it imposed on the company's China-made e-bikes in January.
BEIJING (BRAIN) — China is considering restricting the export of rare-earth magnets in response to the trade war with the U.S. A restriction could throw a big wrench into the e-bike market, because the magnets are a critical part of all e-bike motors and China controls much of the world's supply.
GIVISIEZ, Switzerland (BRAIN) — Scott Sports has announced "a strategic collaboration" with Bold Cycles, a Swiss brand founded in 2015 known for its innovative carbon full suspension frames, which feature fully enclosed rear shocks.
SHANGHAI, China (BRAIN) — At the China Cycle show being held here this week, the folding bike brand Dahon has announced an expanded initiative to license some of its intellectual property to other bike makers.
WASHINGTON (BRAIN) — Some hubs and sprockets would be among the $11.5 billion in goods subject to retaliatory tariffs of up to 100% proposed by the Trump administration.
REXFORD, N. Y. (BRAIN) — Prestacycle, a U.S. supplier of hand and inflation tools, is now the exclusive North American distributor for the European wheel and component brand Edco. Likewise, Edco, based in Germany, is now distributing Prestacycle products in Europe.
TAIPEI, Taiwan (BRAIN) — The Trump Administration’s ongoing dance with the Chinese over tariff issues — and with no end point in sight — has Taiwanese manufacturers and suppliers continuing to evaluate supply chain logistics.
TAICHUNG, Taiwan (BRAIN) — Despite concerns over protectionism, ongoing trade disputes and a continued slowdown in China, Giant Manufacturing Ltd. reported the second highest annual revenue in its history.
DETROIT (BRAIN) — General Motors is now accepting preorders in three European countries for its new e-bike line. The company also announced the results of its crowdfunding contest to give the bikes a brand name; the new name is ARĪV. The ARĪV line includes two models.
BATH, England (BRAIN) — U.K.-based publisher Future plc. has announced plans to buy CyclingNews.com and Procycling magazine from Immediate Media Co.
OSAKA, Japan (BRAIN) — Shimano is reporting a similar scenario as the rest of the industry: sales of complete bikes in North America declined last year in units, but increased in dollars thanks to a shift to more expensive models, including e-bikes.
STEINHAUSEN, Switzerland (BRAIN) — Skins, an Australia-born brand that made its mark with compression clothing, has filed for bankruptcy in Switzerland.
BRUSSELS (BRAIN) — As expected, the European Union has imposed duties on Chinese-made electric bicycles and e-bike components destined for the European Union.
SHANGHAI (BRAIN) — Multiple Asian news sites are reporting that bike share giant Ofo has dissolved its overseas business unit, retreating from operating in the U.S., Hong Kong, Singapore and France.
BEIJING (BRAIN) — Ofo, the world's largest and best known dockless bike share operator, is struggling financially, in part due to demands for deposit refunds from customers in markets where Ofo has stopped operating.
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