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Continental Pulls Out of E-Bike Market

HANNOVER, Germany - Today, Continental Bicycle Systems GmbH & Co KG is informing its customers that it is pulling out of the e-bike market. Yesterday, the company announced this decision to its staff of about 100 employees. While for the time being final engineering work on the companys new 48V Revolution and 48V Prime drives continues; production is to be phased-out in the first quarter of 2020....

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Bafang Raises 168 Million Euro in IPO

SUZHOU, China - Yesterday, Bafang Electric (Suzhou) Co., Ltd. debuted on the main board at Shanghai Stock Exchange (SSE). 30 million Bafang (BFGF) shares (stock code: 603489) were issued on the capital market, accounting for 25 percent of the total share capital after release. The opening price was 43.44 yuan (5.62 euro) and on its first day, Bafangs share price went up 43.99 percent to hit 62.55 yuan (8.09 euro)....

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New Alloy Frame 3D Printing Technology Arrives in Cooperation with VW Slovakia

BRATISLAVA, Slovakia - Its about 3D printed bike frames, but not in carbon. Aluminium frames made by using the so-called Direct Metal Laser Sintering (DMLS) technology is the name of this all new technology. Its launched by the recently founded Kinazo Design sro in cooperation with Volkswagen Slovakia, owner of the 3D printer Concept Laser X Line 2000R from German Concept Laser GmbH....

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Despite Poor Summer Weather and Brexit Effect Halfords Cycle Sales Rebound

REDDITCH, UK - Halfords has announced its interim results. In retail, cycling sales grew, recording like-for-like growth in cycling sales of 0.2 percent which the group attributes to performance ahead of expectations in the last six weeks (of the period) as well as continued strong growth in e-bikes and kids bikes, which offset weaker sales of big-ticket discretionary mainstream cycling products....

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Trump Tariffs To Be Phased-Out as US - China Trade War Is To End

BEIJING, China - It will bring enormous relief in both the United States as well as in China; this morning it was announced that the Trump Tariffs are to be phased-out. This is to put an end to the trade war between America and China as well as the heavily raised import duties on many bicycle products that are imported from China into the U.S. The greatly increased import tariffs, enforced by President Trump have, in addition to the EU anti-dumping measures, led to a large-scale production reloc...

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Atala is Accell's Launching Brand for Groundbreaking Carbon Frame Production Technology

MILAN, Italy - The first production ready carbon frame made by printing in one piece was launched yesterday by Atala in Italy. Accell Group, who owns 50 percent of Atalas shares, selected this Italian company to launch this groundbreaking production technology....

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Askoll Launches E-Bike Drive-Train Range at EICMA

DUEVILLE, Italy - E-bikes and e-scooters are not new to Askoll as the company is already in the market as sharing provider and with B2B solutions. However, at the bicycle and motorcycle show EICMA in Milan this week, Askoll launches a wide range of e-bike drive trains for the OEM market....

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