Industry News
BEIJING (BRAIN) — China is considering restricting the export of rare-earth magnets in response to the trade war with the U.S. A restriction could throw a big wrench into the e-bike market, because the magnets are a critical part of all e-bike motors and China controls much of the world's supply.
BOULDER, Colo. (BRAIN) — Rapha on Wednesday announced a $1.5 million foundation that will support cycling development programs. Simon Mottram, the founder and CEO of the British brand, said neither the foundation or the company's recently published Rapha Roadmap are intended to drive sales of Rapha product.
The Scottish trials rider's latest video, Danny Daycare, has garnered 3.7 million views since it launched May 19. The company that makes the one-wheeled child trailer in the video is seeing increased web traffic and more inquiries from dealers and consumers.
BENTONVILLE, Ark. (BRAIN) — HIA Velo, LLC, the parent of Allied Cycle Works, laid off about 15 workers this month as managers adjusted staff levels to demand for its U.S.-made carbon bikes. The workers let go were from a variety of departments but mostly from production.
BENTONVILLE, Ark. (BRAIN) — Allied Cycle Works is launching a new U.S.-made bike model this week at the Dirty Kanza, where several athletes will race on the new machine. The company also is unveiling a new IBD program as it seeks to emphasize dealer sales over consumer-direct sales.
VANCOUVER, British Columbia (BRAIN) — Norco Bicycles has joined the ever-popular click-and-collect revolution.
CHICO, Calif. (BRAIN) — For Paul Component Engineering, the decision was easy.
Turtles over plastic.
The company known for U.S. hand-crafted bicycle components made in an old Texaco warehouse is going as green as a turtle.
NEW YORK (BRAIN) — Citi Bike pedal bikes now will be available through the ride-sharing Lyft app. Previously, Lyft bike-sharing users needed a Citi Bike account to locate and rent.
GIVISIEZ, Switzerland (BRAIN) — Scott Sports has announced "a strategic collaboration" with Bold Cycles, a Swiss brand founded in 2015 known for its innovative carbon full suspension frames, which feature fully enclosed rear shocks.
STOCKHOLM (BRAIN) — MIPS has acquired the Canadian helmet technology brand Fluid Inside and its related patent rights. MIPS said the acquisition builds its product offerings with technology that addresses both linear and rotational motions.
ZURICH (BRAIN) — United City Bikes saw the need for a lightweight folding e-bike in the ever-growing electric urban universe, but the response to its solution, The One, even caught the company by surprise.
BOULDER, Colo. (BRAIN) — After a dismal first quarter, the U.S. industry turned a corner in April according to new wholesale bike sale figures released by the Bicycle Product Suppliers Association on Tuesday.
TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing registered first quarter sales of NT$14.69 billion ($467 million), up 5.2% compared to 2018's first quarter.
RIVERSIDE, Calif. (BRAIN) — The U.S. distributor for cycling shoe company Sidi resumed operations Monday after an F-16 fighter jet crashed into a section of its warehouse four days earlier.
MORGAN HILL, Calif. (BRAIN) — Specialized Bicycle Components announced several U.S. leadership team moves in a communication to retailers Thursday.
FRIEDRICHSHAFEN, Germany (BRAIN) — After experimenting with July dates last year, organizers of the Eurobike show have set their 2020 show for Sept. 2-5, roughly the same time slot as this year's show.
Spoiler: Well over $1 billion worth of bike stuff at Customs value — at least half of all bike-related imports.
WASHINGTON (BRAIN) — While the U.S. trade war with China is getting the most attention, the U.S. is also engaged with a dispute with the European Union. On Thursday, the Bicycle Product Suppliers Association was scheduled to testify against new tariffs on bike products from the EU.
BOULDER, Colo. (BRAIN) — The Outdoor Industry Association has sent a letter to President Donald Trump and trade officials, urging them to finish trade negotiations with China and lift recently imposed and proposed tariffs on Chinese imports.
PHILADELPHIA (BRAIN) — Steven Fairchild, who has worked for the Fuji brand for a total of 27 years, is leaving the company. The veteran product manager said Wednesday was his last day with Advanced Sports, Inc., Fuji's owner. He said he would announce a new position soon.
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