World

Thanks to improved technology, indoor cycling is booming. Unfortunately there’s probably other factors also contributing to this boom – increased concern about safety in traffic and general security throughout our cities in today’s disturbing world of random terror attacks.

Chinese owned and based Wanda Group is a huge multinational corporation with 130,000 staff, privately owned by Mr Wang Jianlin one of China’s and the world’s richest men.

Key founding staff members of SRAM are transitioning out of full time employment. SRAM started in 1987 with six employees and one product, Grip Shift. Today it has approximately 3,500 employees and 157 product platforms.

There is a growing trend, both within Australia and overseas, towards mobile bicycle repair businesses.

Trek Bicycles announced earlier in May that they were acquiring Philadelphia-area bike shop chain Bike Line. Trek is purchasing 12 of the 16 locations Bike Line currently operates throughout south eastern Pennsylvania and Delaware, USA.

Every year as well as the wonderful you see plenty of weird sights at Taipei Cycle. Here were some of 2017’s highlights

As we recently reported here, Dutch based multinational Pon Holdings recently made a record breaking takeover offer of almost $1.2 billion for the Accell Group.

“I Sold my Life Story to Hollywood!”

Despite what experts might claim, putting a dollar value on any company’s brand is an inexact science.

Australia’s bicycle industry may have had a rough year in 2016, but the French market just recorded its third consecutive year of growth.

Best known for their aluminium CNC machined components, particularly hydraulic disc brakes, Hope is currently undergoing a massive expansion adding carbon fibre production and even working on its own carbon bicycle frames.

This article first appeared in our June July August 2016 print edition. But with Pon’s $1.2 billion takeover offer for the Accell Group just announced, we thought it would be timely to post this interview with Pon.bike’s CEO Armin Landgraf.

On Tuesday 11th April the Accell Group issued a statement relating to a proposed takeover from Pon Holdings, valued at around €845 million (A$ 1.19 billion).

Ten years ago, this 15th July, the world’s first large scale bike sharing scheme, Velib (‘free bike’) was launched in Paris. It was an immediate success, soon racking up 20 million rides.

There is a rapidly growing demand for lithium ion batteries, not just for ebikes but for a host of other devices, including electric cars.