Crankset News:
TAIPEI, Taiwan – An increasing number of Taiwanese bicycle companies are relocating their production back from China to Taiwan. The U.S. Trump Tariffs on bicycles and bike products as well as the provisional anti-dumping duties imposed by the European Union on China made e-bikes is resulting in a growing number of requests from numerous bike companies for support to relocate production back to Taiwan....
BRUSSELS, Belgium – On behalf of the Collective of European Importers of Electric Bicycles, the European branch of the Light Electric Vehicle Association (LEVA-EU) warns for the potential retroactive collection of dumping duties on e-bikes imported from China. This despite the fact that the European Bicycle Manufacturers’ Association (EBMA) has withdrawn its request for registration of e-bike imports from China....
TAICHUNG, Taiwan – Electric bicycles are turning out to be the big money-maker for Taiwan’s bike industry. At least, it is for the 2nd biggest maker of the country, Merida. It saw its revenue from Taiwanese operations grow by 33 percent with (e-bike) shipments up by 27 percent during the first three quarters of this year. Next week’s Taipei Cycle Show (taking place from October 31 to November 3) will reflect the rapidly growing relevance of electric bikes for the Taiwanese industry....
CHICAGO, USA – The troubled U.S. retail giant Sears Holdings Corp. had to file for bankruptcy on October 15. On that day, the in 1886 founded company which is also selling bicycles and cycling products at entry-level price points, filed for chapter 11 bankruptcy. Previously, Sears’ shares dropped double digitally....
PARIS, France – Bike sharing, cargo bikes and a wide offering of connected products and accessories, the mobility market and green solutions are developing rapidly in France and other countries in Europe. This was confirmed at the third edition of the smart urban mobility and micro-mobility show ‘Autonomy’ which took place from 18-20 October in la Grande Halle de la Villette in Paris....
BRUSSELS, Belgium – The imports from China of 25km/h – 250W e-bikes into the European Union increased by close to 85 percent in the first half of 2018, according to Eurostat data. Despite all measures initiated by the European Commission in connection with the anti-dumping proceedings, of which the first were announced on 20 October 2017, the e-bike imports from China are still booming....