Industry Titbits
Industry News
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Glory Wheel Enterprise Successfully Acquires Spank & Fratelli, Expanding Its Global Strategy in the Bicycle Industry
Taichung, Taiwan – On September 18th, renowned Taiwanese bicycle component manufacturer Glory Wheel Enterprise Co., Ltd. (GW) hosted a grand M&A signing ceremony in Taiwan's bicycle industry hub, Taichung City, to officially announce its acquisition of leading bicycle accessory brands, Spank Industries and Fratelli Industries. This acquisition marks a significant milestone for Glory Wheel Enterprise, representing a breakthrough in the global bicycle industry and reinforcing its leadership position in the high-end bicycle components market. Looking ahead, Glory Wheel Enterprise aims to expand its influence in the global bicycle market and strengthen its competitive advantage in the premium bicycle accessories sector.... 2024-09-19
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Started with Passion—BESV Will Continue to Innovate and Bring People Joy and Happiness
FRANKFURT, July 3, 2024 – Channeling a love and passion for cycling into the drive to build a brand, BESV has evolved from its humble beginnings in Taiwan to become a global presence under the leadership of founder and CEO Mr. Andy Su. Starting out as a cycling fan, Andy Su has become an industry expert. He guided the company through its initial challenges to its first success - the creation and launch of our first e-bike, the LX1, and has been integral in the following years of growth. His strong belief in the joy and happiness that BESV e-bikes... 2024-07-04
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TAIPEI CYCLE 2024 expands its horizons in electrification and sustainability with biggest ever show
TAIPEI CYCLE, the leading cycling industry show, held a press conference to present its grand vision for TAIPEI CYCLE 2024. Following an intensive two-day visit, 12 international media representatives from nine countries came together to gain a deeper understanding of new benchmarks within the industry, embracing themes of Micro-Mobility, Innovations & Startups, Green Action and Culture & Lifestyle. Simon Wang, CEO of TAITRA, the event's organiser, underlined these key topics during the press conference: E-bikes and Sustainability. Wang voiced the importance of Taiwan's role in the ever-changing landscape of transportation, highlighting the need for electrification as the driving force. He outlined the exponential growth of Taiwan's... 2023-09-27
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Velo Saddles Takes Stage in Collaborative Eco-Friendly Show at London Fashion Week
Velo Saddles took the stage at this year’s London Fashion Week, taking part in Taiwanese designer RAY CHU’s fashion show, merging eco-friendly creativity with responsibility. CHU’s models walked the runway carrying special edition VELO Prevail Ride and the new Prevail Revo saddles as handbags and crossbody bags. Drawing inspiration from the ocean, the RAY CHU SS24 collection is centered around the Manta Ray, highlighting the importance of safeguarding marine ecosystems and advocating for environmental conservation. CHU collaborated with Taiwanese manufacturers to feature the latest biodegradable polyester fibers and create fabrics with fish-scale textures. This sustainability vision aligned perfectly with VELO's... 2023-09-22
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SRAM’s New Taichung Facility Groundbreaking Kicks off Construction
SRAM announced its new Taichung City facility back in February 2023. The company expects the new 100,000-square-meter location to be completed by January 2025, continuing more than three decades of product development and production there. SRAM will celebrate the groundbreaking on September 20, with representatives from the central government and Taichung government joining SRAM leadership. Located in the Tanzi District, the new four-story building will replace all SRAM’s current locations, providing 30% more workspace. The modern design will serve team members by optimizing productivity, maximizing efficiency, ensuring quality, and fueling the competitiveness that characterizes SRAM. The eco-friendly design will enable... 2023-09-21