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BOULDER, Colo. (BRAIN) — E-bike sales in the U.S. have grown 300% in the past five years. More and more retailers are saying, "E-bikes are our future." Despite the rosy glow around the category, there are concerns among the movement's leaders. So let's take a look at the five challenges that lie ahead.
KIRKWOOD, Mo. (BRAIN) — Since he began offering ultrasonic carbon fiber inspections in June, St. Louis-area carbon repair and paint shop owner Nick Hand has found manufacturing defects in two bikes that showed no signs of damage.
BENTONVILLE, Ark. (BRAIN) — The industry's first U.S. e-bike battery recycling program nears a notable milestone seven months after it was established.
BENTONVILLE, Ark. (BRAIN) — PeopleForBikes announced at the SHIFT '22 conference on Tuesday the completion of its first Sustainable Packaging Guidebook that will be available to the industry at the end of the year.
LOUISVILLE, Colo. (BRAIN) — The Pro's Closet laid off 15% of its workforce last week, the certified used bike and component retailer confirmed to BRAIN on Monday.
STOCKHOLM (BRAIN) — MIPS reported third-quarter net sales decreased 39% year-over-year, citing reduced demand for bike helmets in its Sport category.
SEYMOUR, Conn. (BRAIN) — As Sweden-based Thule Group's executives are warning investors of a sharp decline in sales and earnings due to a softening bike sector, the company's Americas division is making organizational changes that include 34 staff cuts in management, product development, and manufacturing.
DALLAS (BRAIN) — New e-bike brands arrive by the boatload these days, but, if for nothing else, Denago deserves a second look based on its all-star leadership team of industry vets.
WASHINGTON (BRAIN) — Ancheer is recalling about 22,000 e-bikes, sold by e-commerce sites including aliexpress, amazon.com, eBay and others because the bikes' lithium-ion batteries can ignite, explode, or spark.
ASHEVILLE, N.C. (BRAIN) — With Clint Spiegel leading an Industry Nine manufacturing tour, you'll need to hustle to keep up. His enthusiasm for what he and his team accomplish daily obviously puts a spring in his step. He's not so much in a rush as he is just excited to show and tell his company's story of quickly becoming one of the bike industry's most iconic and innovative brands.
SEYMOUR, Conn. (BRAIN) — Thule Group has made another unusual mid-quarter financial statement, warning investors that its revenues and profits will be down significantly in its third quarter due to over inventory in the bicycle retailer sector.
MADISON, Wis. (BRAIN) — C+A Global acquired Saris Cycling Group at a bankruptcy auction and will rename the brand Saris Equipment.
LAKE TAHOE, Calif. (BRAIN) — PeopleForBikes is urging land managers to allow the use of Class 1 e-bikes — but no other e-bikes — on all non-motorized, natural surface trails (including singletrack mountain biking trails) where traditional bicycles are allowed.
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