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Continental Pulls Out of E-Bike Market (Update) | Bafang Raises 168 Million Euro in IPO

HANNOVER, Germany – Today, Continental Bicycle Systems GmbH & Co KG is informing its customers that it is pulling out of the e-bike market. Yesterday, the company announced this decision to its staff of about 100 employees. While for the time being final engineering work on the company’s new 48V Revolution and 48V Prime drives continues; production is to be phased-out in the first quarter of 2020.

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Continental Pulls Out of E-Bike Market (Update)

HANNOVER, Germany – Today, Continental Bicycle Systems GmbH & Co KG is informing its customers that it is pulling out of the e-bike market. Yesterday, the company announced this decision to its staff of about 100 employees. While for the time being final engineering work on the company’s new 48V Revolution and 48V Prime drives continues; production is to be phased-out in the first quarter of 2020.

Bafang Raises 168 Million Euro in IPO

SUZHOU, China – Yesterday, Bafang Electric (Suzhou) Co., Ltd. debuted on the main board at Shanghai Stock Exchange (SSE). 30 million Bafang (BFGF) shares (stock code: 603489) were issued on the capital market, accounting for 25 percent of the total share capital after release. The opening price w>>

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New Alloy Frame 3D Printing Technology Arrives in Cooperation with VW

BRATISLAVA, Slovakia – It’s about 3D printed bike frames, but not in carbon. Aluminium frames made by using the so-called “Direct Metal Laser Sintering” (DMLS) technology is the name of this all new technology. It’s launched by the recently founded Kinazo Design sro in cooperation with Volkswagen>>

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Despite Poor Summer Weather and Brexit Effect Halfords Cycle Sales Rebound

REDDITCH, UK – Halfords has announced its interim results. In retail, cycling sales grew, recording like-for-like growth in cycling sales of 0.2 percent which the group attributes to “performance ahead of expectations in the last six weeks (of the period) as well as continued strong growth in e-b>>

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