News
Dutch Cargo Bike Takes Initiative With Ride to School Education
Melbourne, Victoria One of Australia’s leading cargo bike dealers has taken the initiative to boost the number of families who cycle to school, launching a concerted campaign this month to encourage and assist people to switch to active commuting. Melbourne-based company Dutch Cargo Bike this month launched its Bike and Stay initiative, a not-for-profit venture…
E-Bike Incentives Promised in Build Back Better Bill
Washington, USA Financial assistance to buy e-bikes and to commute by bike have been included in the US Government’s Build Back Better (BBB) Bill, which was passed by the country’s lower house of parliament last month and includes a range of measures to address social services, welfare, infrastructure, climate change and the impact of COVID-19.…
European Union Agrees on Bike Tax Cuts
Brussels, Belgium Tax concessions for e-bikes and conventional bicycles could soon be implemented in European nations, following an agreement of the Council of the European Union this month. The agreement by the EU Council on December 7, on updated rules for Value-Added Tax (VAT), has opened the door for members states to introduce reduced rates…
How’s Business? December 2021
Welcome to our monthly chat with bike shop owners and managers spread throughout Australia and New Zealand. With Christmas just around the corner after what has been a super stressful year for most members of the bike trade, we also asked, ‘How many days do you close the shop for over Christmas and how much…
Sydney Electric Bikes Opening Two New Stores
Pyrmont, NSW Sydney Electric Bikes is about to open two new stores which will take their total number of locations up to nine. Founder Jake Southall recently spoke to The Latz Report and started by summarising his rapid growth from the humblest of beginnings. “We opened up the first little concept shop on Pyrmont Bridge…
Shimano’s Sales and Profits Soar Higher
Osaka, Japan The third quarter financial update from Shimano, for the first nine months of 2021 to 30th September 2021, has illustrated the world’s largest bicycle component supplier’s rush to fill a void in supply, with net sales in the nine months to September up 49.6%. That acceleration of trading saw the firm’s operating income…
Porsche Moves to Grab Majority Stake in Greyp Bikes
Zagreb, Croatia German high-performance car manufacturer Porsche is moving to increase its stake in Greyp Bikes, confirming it plans to acquire a majority stake in the Croatian company by the end of this year. The move, which is awaiting approval by regulatory bodies, continues an escalating trend in automotive companies buying into the bike industry,…
Keeping You More Up To Date
Wollongong, NSW Never before have the global bicycle and micromobility sectors experienced such rapid and major changes, as the world embraces them as transport solutions and escalating technologies drive their evolution. Major bike news from Australia and around the world is coming thick and fast, so from early 2022 The Latz Report and Micromobility Report…
Will Your Next Competitor be a Surf Shop?
Wollongong, NSW I recently walked past the shop window of a well presented surf and ski shop and there front and centre were a couple of e-bikes. Looking inside, there were a few more on prominent display. After receiving permission from the owner, I took the two photos that accompany this article. The bikes are…
World’s First Fully Recycled Lithium Battery Cell
Västerås, Sweden Swedish battery manufacturer Northvolt has announced it has produced the first fully recycled lithium-ion battery cell, in a major breakthrough towards the sustainability of micromobility and other transport. Northvolt’s recycling program, Revolt, this month produced the cell with 100% recycled nickel, manganese and cobalt, which had been recovered from battery waste using a…