Electric bike
NEW YORK (BRAIN) — REI Co-op expands its Brompton Bicycle lineup at select stores today with the addition of an electric model.
FORT WAYNE, Ind. (BRAIN) — Recon Power Bikes started on the principle that to create the right e-bike for law enforcement, having the proper background is paramount.
TAICHUNG, Taiwan (BRAIN) — Giant Group is reporting that its sales last year were up 10.3% over 2019, to NT$70.01 billion ($2.45 billion). Net profit was up 46.7%, to NT$4.95 billion. Earnings per share was NT$13.19.
Bike-share programs are poised for a post-pandemic boom, but over-saturation remains a danger.
OLYMPIA, Wash. (BRAIN) — A Washington state Senate committee is holding a hearing Tuesday on a bill that would exempt e-bikes from the state's 6.5% sales tax.
The legislation is one of several e-bike subsidies being deliberated by state and federal lawmakers this year.
WILTON, Conn. (BRAIN) — Cannondale unveiled a series of billboards in high traffic locations in four cities to tout its newest e-bike line and the benefits of cycling from a green transportation and health and fitness perspective.
ŠUMPERK, Czech Republic (BRAIN) — The Hermann Hartje KG e-bike distributorship opened a new factory in the Czech Republic to expand its assembly and manufacturing capabilities.
PASADENA, Calif. (BRAIN) — A federal judge dismissed a case last week against the Los Angeles Department of Transportation about its collection of real-time data on micromobility users.
SAN FRANCISCO (BRAIN) — Ride-share company Lime announced a $50 million investment in e-bikes that includes upgraded hardware and plans to expand service to 25 more cities this year.
Now more than ever retailers need to emphasize e-bike safety.
MATTIGHOFEN, Austria (BRAIN) — After entering the European e-bike market, motorbike giant Pierer Mobility AG, the parent of KTM Motorbike, Husqvarna Motorbikes, GasGas Motorbikes and WP Suspension, seems to smell further sales opportunities.
IRVINE, Calif. (BRAIN) — Super73, which sells high-powered, fat-tired throttle e-bikes online, has closed on a $20 million investment round from Volition Capital, a Boston equity firm. The funding comes two weeks after Rad Power Bikes announced a $150 million investment.
WASHINGTON (BRAIN) — A bill introduced Tuesday in the U.S. House of Representatives would give a refundable tax credit of up to $1,500 on the purchase of a new e-bike.
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