News
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/screen_shot_2019-09-03_at_11.14.57_am_1.png?itok=1A3ljFZr)
WASHINGTON (BRAIN) — President Joe Biden released a revamped climate-change plan Thursday as part of his Build Back Better Act that includes restoring the originally proposed e-bike tax credit percentage while keeping the bicycle commuter benefit unchanged.
NORTHVALE, N.J. (BRAIN) — Police investigators say Christian Giron used a hand-held sledgehammer to kill his Jamis Bicycles co-worker Jeanette Willem at the brand's headquarte
![We may never know how much GM spent developing its e-bike. We may never know how much GM spent developing its e-bike.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/gm_ebike_nonfolderbike_left_edit.jpg?itok=2R8v1Hp6)
On Thursday Rad Power announced that with its latest $154 million financing round, it has brought in a total of $329 million in investments since its inception. The company claims that makes it the best-funded e-bike brand, at least in the direct-to-consumer market. While strictly speaking that's likely true, there are some other giant players in the e-bike space, with the power to further disrupt the market for regular and electric bikes, if they choose.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/city5city_123.jpg?itok=8IE3Kn8u)
SEATTLE (BRAIN) — Existing investors are pumping another $154 million into Rad Power Bikes, following a $150 million investment announced in February.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/screen_shot_2019-11-08_at_12.15.29_pm_0_0_0_0_3.png?itok=gkly5Jru)
STOCKHOLM (BRAIN) — Bike helmets continue to lead MIPS' revenue surge during the bike boom with third-quarter net sales increasing 81% year-over-year.
NORTHVALE, N.J. (BRAIN) — Prosecutors say a suspect is in custody and a homicide investigation is underway after a body was found at the Jamis/G. Joannou Cycle headquarters here.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/garmin-logo_0_3.png?itok=qq3xDXC-)
OLATHE, Kan. (BRAIN) — Garmin Ltd. revenue increased 7% year-over-year, aided by a slight jump in fitness sales driven by cycling and wearable products.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/shimano_100th.png?itok=Bs_NvwJK)
Shimano said it increased production during the period and that its new 12-speed Dura-Ace and Ultegra groups "were enormously well-received by customers."
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/cannondale_rincon_3.jpg?itok=Q7fipHCh)
WILTON, Conn. (BRAIN) — Dorel Sports General Manager Nick Hage said plans to bring Cannondale assembly back to the U.S. actually began a couple of years ago, and with supply-chain constraints currently hampering the industry, the timing of the announcement couldn't be better.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/screen_shot_2021-10-25_at_4.58.10_pm.png?itok=U90osCp7)
RINCON, Ga. (BRAIN) — In a move to ease supply chain constraints, Cycling Sports Group is opening a bike assembly facility in this community outside Savannah.
![Lizard Skins Chocolate Brown DSP Bar Tape V2. Lizard Skins Chocolate Brown DSP Bar Tape V2.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/media_669032b6-bfd3-4da5-872a-5d28f5ed580b_600x600_0.png?itok=YH9CriVX)
BATON ROUGE, La. (BRAIN) — Baseball and softball equipment manufacturer Marucci Sports announced Monday it has acquired Lizard Skins. Terms were not disclosed.
![Grattan is led away after his sentencing. Matthew Jonas/Pool/Boulder Daily Camera Grattan is led away after his sentencing. Matthew Jonas/Pool/Boulder Daily Camera](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/dcc-l-grattan_mj12745.jpg?itok=bxQEFZnD)
BOULDER, Colo. (BRAIN) — The driver who struck industry communications professional Andrew Bernstein in 2019 pleaded guilty to reduced charges on Friday and was sentenced to two years in prison.