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£1.2bn Cycling & Walking Investment unveiled

Last month the government published its long-term Cycling and Walking Investment plan (‘CWIS’) to encourage more people to make short journeys on a bike or on foot. The funding package covers a number of initiatives, including cycling proficiency training for a further 1.3 million children, expanding cycles routes to connect more communities with employment and …
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Accell Group receives €845m takeover proposal from Pon Holdings

Accell Group has today announced that it has received a “a non-binding, conditional proposal from Pon Holdings to combine Accell Group with its own bicycle activities.” Accell say the announcement has been made in ‘anticipation of market rumours’ and is studying the non-binding 32.72 euro per share (including the proposed 2016 dividend of €0.72) proposal as …
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Electric bike sales continue to drive growth for German bike industry

Industry figures tracking sales of bicycles in Germany show that with 4.05 million bicycles sold in Germany last year, units sold dipped 6.9% compared to 2015. Describing 2016 as a ‘difficult year,’ ZIV, Germany’s industry cycle association, said adverse weather weakened sales in the first half of last year. While stating that the second half …
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Electric bike grants: UK trails behind other European countries

A comparison of grants and subsidies offered by European governments to increase electric bike use and reduce pollution sees the UK languishing near the bottom of the table. The December 2016 report from the European Cyclists’ Federation shows the differing levels of financial incentives for e-cycling in a number of countries at both national and …
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German cycle industry takes a stronger stance against e-bike ‘tuning’

AGF, an umbrella organization consisting of several German cycling associations, has issued a shot across the bows at those that tune or otherwise manipulate electric bikes to enable greater speeds or power than the bike is legally set up for. AGF’s remit to discuss ‘common, overarching topics to find strategies and solutions’, according to Two-Wheeler …