Two of Taiwan’s largest bicycle manufacturers, Merida Industries and Ideal Bike Corporation are reporting minor trading losses for the first half of 2025, despite very healthy growth in overall sales, according to Bicycle Retailer & Industry News (US). The BRAIN reports that the losses were due to an 11% appreciation of the NT$ against the greenback.
Canyon is in the spotlight with Bike Europe and Bicycle Retailer & Industry News reporting Canyon’s sales for the first half of 2025 were down by 5% while its earnings before interest, taxes, depreciation and amortization (EBITDA) were down 30%. Coincidentally Canyon’s founder Roman Arnold is reported to be stepping back into an operational role as executive chairman, commencing on 1st September this year.
Yamaha Motor has announced the completion of its takeover of the Brose e-bike business. Brose is a large german automotive parts manufacturer that happened to supply e-bike motors to Specialized, SRAM, and others. It appears the takeover was delayed by bureaucratic red tape (it’s the EU afterall…), but Yamaha now owns a leading Europe-based motor manufacturer with a market-leading R&D facility. Bike Europe reported that Yamaha Motor paid AU$53 million, probably a very good deal given the combined market share of the two companies makes Yamaha a top 3 e-bike motor supplier.
