France
Leon Cycles Owner Charged with €26 Million Fraud
Paris, France The owner of global e-bike company Leon Cycles, which has two retail outlets in Australia and many retail partners in this country, has been arrested and charged with fraud for allegedly evading the European Union’s Trade Defence Instruments. The company’s China-based owner, Lijun Ding, was detained last month by customs officers in France…
Product Briefs: The Beam, WAU, Ortlieb and Porsche
Paris, France French start-up The Beam has launched an eye-catching new helmet that, at first glance, resembles a full-face downhill helmet but is designed very specifically for urban commuters. The Virgo is a full-face helmet weighing just 650 grams and styled for the urban market, including an LED light at the back. It is specifically…
Product Briefs: Mavic E-Bike Motor, Greater Bosch Security and More
Annecy, France French brand Mavic has unveiled its own superlight e-bike motor, the X-Tend, as the company searches for a partner to help take the motor to production. The X-Tend’s release prompted recollections of another electronic innovation by Mavic, when it led the shift to electronic derailleurs with the launch of its Zap system in…
$5.2 Million Financing Round for Repairable Battery Maker
Bordeaux, France A French company producing e-bike batteries that can be repaired in less than 10 minutes has raised €3.3 million (A$5.2 million) in a new financing round. The company, Gouach, plans to use the funds to boost its team of 15 people and market its eco-friendly battery to fleet operators and manufacturers in the…