Electric bike

DENVER (BRAIN) — The city has established a series of rebates for the purchase of an e-bike or e-cargo bike from participating bike shops that goes into effect on Friday as part of its Climate Action Rebate program.

Not only are D2C e-bikes eating into what were once IBD price points, they have the long-term possibility of disrupting the entire specialty retail channel

SEATTLE (BRAIN) — Rad Power Bikes has laid off about 100 workers as it closes most of its mobile services business and shifts to expanding its stationary retail store locations.
WATERLOO, Wis. (BRAIN) — Trek Bicycle today announced it joined the industry's U.S. e-bike battery recycling program that officially began last month.

OBERWANGEN, Switzerland (BRAIN) — Stromer reached an agreement to merge with Spanish e-bike brand Desiknio Cycles SL. Details of the transaction, which is subject to customary approvals, were not released.

WASHINGTON (BRAIN) — The U.S. Forest Service finalized e-bike guidance for local land managers considering expanding access on trails and grasslands.

TAIPEI, Taiwan (BRAIN) — Giant Group says its full-year 2021 sales were 81.8 billion New Taiwan dollars ($2.85 billion), up 17% from 2020.

(BRAIN) — Tern's new, $2,999 Quick Haul is a compact, cargo-carrying e-bike is priced to maximize a proposed federal e-bike subsidy.

BOULDER, Colo. (BRAIN) — The industry-wide U.S. e-bike battery recycling program officially began Tuesday with more than 800 retailers trained and equipped to handle expired or damaged packs returned to shops.

PORTLAND, Ore. (BRAIN) — According to Bryan Hance, it's common in this environmentally conscious and cycling-friendly city for families to trade their vehicle for e-bikes. But if those e-bikes are stolen, it has a chilling effect on the city's bicycling culture.

SACRAMENTO (BRAIN) — The group of trail and forest advocates settled its federal lawsuit filed in 2019 against the U.S. Forest Service, whom it said allowed Class 1 e-bikes on non-motorized trails in the Tahoe National Forest without conducting a public study.

IRVINE, Calif. (BRAIN) — A global consumer brand investment firm announced an investment in Pedego Electric Bikes. Verlinvest's undisclosed amount will be used to increase the number of Pedego stores and inventory, and support innovation.

NEW YORK (BRAIN) — Juliet Scott-Croxford recently was hired by London-based Brompton folding bikes to be president of North America amid the company's 50% U.S. growth in unit sales in the past year during the bike boom and 76% over 2019. Scott-Croxford, formerly the CEO of Worth magazine, took time in October to answer questions from BRAIN about her plans for Brompton's expanding U.S. market.