Industry News

Separately, police in Long Beach said they made one arrest after responding to a group of 50 allegedly riding e-motos recklessly.
A Sur-Ron X Light Bee Light Bee retails for $4,400 on the company's website.

MARTINEZ, Calif. (BRAIN) — Prosecutors in California have charged a mother and father with child abuse after their child crashed into a vehicle in Walnut Creek on their e-moto and was seriously injured.

Tagged Electric bike

WASHINGTON (BRAIN) — A bi-partisan group in Congress has introduced the Safe SPEEDS Act, which would create federal standards for low-speed electric bikes and e-motos.

Photo courtesy of Blaupunkt Americas.

ASHEVILLE, N.C. (BRAIN) —  Blaupunkt Americas has opened its e-bike production facility here, fulfilling a promise it announced last September.

Tagged Tariffs

(BRAIN) — Framebuilding-supply manufacturer Paragon Machine Works is closing shop, saying, "We have determined that our business is no longer viable, due to a variety of market and industry factors beyond our control."

NEWBURY PARK, Calif. (BRAIN) — Giant Manufacturing Co. Ltd., the world’s largest bicycle company, was founded in Taiwan in 1972 and then in 1987 established its U.S. presence under Bill Austin’s leadership.

TAIPEI, Taiwan (BRAIN) — Taipei Cycle begins Wednesday at the Nangang Exhibition Center with more than 900 exhibitors from 30 countries.

Tagged Taipei Cycle Show

BURNABY, British Columbia (BRAIN) — Knolly Bikes is considering all restructuring options after its bank demanded loan repayment. Founder and CEO Noel Buckley said in a statement released Thursday that because of Royal Bank of Canada's actions, "We are now in a position where we must evaluate all restructuring options to determine the best path forward. That process is underway. I expect to have more clarity within the coming weeks and will share it as soon as I have it."

WILMINGTON, Del. (BRAIN) — The Lycra Company, one of the leading producers of spandex used in cycling apparel, filed for Chapter 11 protection Tuesday in the U.S. Bankruptcy Court for the Southern District of Texas.

SOUTH KINGSTOWN, R.I. (BRAIN) — A lawsuit filed against Shimano North America and Trek Bicycle by a man who claimed his bike's V-brake lever impaled his thigh during a fall was dismissed Monday.

Tagged Lawsuits/legal

KOBLENZ, Germany (BRAIN) — Canyon Bicycle's 2025 sales decreased 7% year-over-year amid what it called a challenging market hurt by the oversupply and discounting of electric and non-electric mountain and urban bikes.

Tagged Earnings/Financial Reports
Life EV assembly facility in Fort Lauderdale.

FORT LAUDERDALE, Fla. (BRAIN) — Life Electric Vehicles CEO Rob Provost has high expectations for Rad Power Bikes after officially acquiring the beleaguered brand for $13.3 million March 5. And he's looking farther ahead.

Tagged Electric bike / Mergers, Acquisitions & Investments
UPDATED with industry and family reaction.

BOULDER, Colo. (BRAIN) — One of the industry's most brilliant and beloved characters, Gregg Bagni, has died following a snowboarding accident in the Selkirk Mountains of British Columbia, friends have confirmed to BRAIN. 

Taiwan Stock Exchange logo.

TAIPEI, Taiwan (BRAIN) — Three Taiwanese publicly traded bike manufacturers released their full 2025 earnings reports this week, with all three reporting revenue declines in 2025, but two of them showing earnings improvements.

Tagged Earnings/Financial Reports

WASHINGTON (BRAIN) — Two industry research groups have shared estimates of the number of e-bikes the U.S.

Tagged Electric bike
Kourtney Denne.

BOULDER, Colo. (BRAIN) — For our March magazine edition, we asked our State of Retail panel members: What are your shop's primary strategies for acquiring and retaining customers?

Tagged From the Magazine
Company says the discussion was "constructive and productive."

TAICHUNG, Taiwan (BRAIN) — Giant Group CEO Phoebe Liu and the company's Chief Legal Officer, Daniel Chen, met with U.S. Customs and Border Protection officials on March 5 to discuss the Withhold Release Order that has banned U.S. imports from Giant's Taiwan factories since September.

SEATTLE (BRAIN) — Life Electric Vehicles completed the court-approved acquisition of Rad Power Bikes, the Florida-based e-mobility company said Thursday.

Tagged Electric bike / Mergers, Acquisitions & Investments

OMARURU, Namibia (BRAIN) — Onguza, a handbuilt steel bicycle company, has introduced the Bliksem, a gravel-plus addition to their range of frames made in Africa.

SAN MATEO, Calif. (BRAIN) — GoPro revenue increased slightly in the fourth quarter year-over-year but declined 19% for the year as the camera brand announced its AI-enabled processor will be spec'd in some cameras in the second quarter.

Tagged Earnings/Financial Reports
CrankTank's Cole Casperson.

KETCHUM, Idaho (BRAIN) — Ten years ago, about the time Scott Montgomery was co-founding the CrankTank industry marketing company, Search Engine Optimization (SEO) was still all the rage. Brands, e-commerce sites and online publishers researched key words and spread them out over their marketing copy in hopes that Google would rank their site high in its results.

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