News
BOULDER, Colo. (BRAIN) — Wholesale bike sales to retailers fell 18% in May, by unit count. A higher average wholesale price reduced the pain somewhat: dollar sales were down less than 4% in the month.
BREVARD, N.C. (BRAIN) — As a former professional, Chris Carmichael understands the mentality of the competitive cyclist and is well aware of the ire e-bikes spark among some of his brethren.
STOCKHOLM (BRAIN) — MIPS has agreed to purchase the GlideWear brand and patent rights associated with the GlideWear technology from Tamarack Habilitation Technologies, Inc. for about $1 million.
WASHINGTON (BRAIN) — Days after the Trump administration's tariff on most Chinese bike products was increased from 10% to 25%, representatives from the bike industry spoke at a hearing in the nation’s capital in hopes of fending off the administration's final proposed tariff, which would apply to virtually
BOULDER, Colo. (BRAIN) — 2019 started with 11 states using the model three-class e-bike definitions. As of June 19, 22 states now define e-bikes within the three classes, effectively doubling the total in just six months.
The bike industry produces more numbers than wheel sizes — and that’s a lot. Given that, it is kind of amazing that we still face so many basic unanswered questions: How big is the bike industry? How many bikes do we sell? How many people ride bikes? And maybe the most important question — what does it all mean for the future of our industry and our companies?
CALGARY, Alberta (BRAIN) — Travelers seeking a guide and perhaps a bike in far-flung locations can opt for VeloGuide, an app offered by Canadian entrepreneur Joel Goralski. VeloGuide wants to do for bike travel what Airbnb and Uber did for home and ride sharing.
SEATTLE (BRAIN) — Now that even Shimano has jumped into the gravel bike component market in a definitive way, it’s a time of reckoning for suppliers who have nurtured the category's growth since before it was a category.
IRVINE, Calif. (BRAIN) — The 2019 American International Motorcycle Expo, the largest motorcycle trade and consumer show, will include an e-bike pavilion sponsored by Cycle Volta, a new e-bike media title. Cycle Volta is producing the pavilion in cooperation with the Motorcycle Industry Council.
TEL AVIV (BRAIN) — Many riders who hop on a shared e-scooter or e-bike are unaware that they may not be insured for liability. An Israel-based company has raised $5 million in Series A funding to launch Voom, offering insurance on a daily basis to users of e-scooters and other vehicles.
BOULDER, Colo. (BRAIN) — The Bicycle Product Suppliers Association held its final board meeting prior to the group's merger with PeopleForBikes.
TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing's chairwoman, Bonnie Tu, told Bloomberg that the era of "Made in China" is over.