Collaboration to Give Sustainability a Sporting Chance

Workshop panel members

Frankfurt, Germany An impromptu encounter at a Eurobike 2022 workshop has sown the seeds for greater cooperation between the bike industry and the broader sporting goods industry to boost sustainability. A workshop by the Confederation of the European Bicycle Industry (CONEBI) and Cycling Industries Europe, entitled Setting the Scene for a Sustainable Cycling Industry, outlined…

European Union Agrees on Bike Tax Cuts

Bicycle repairs are included in the EU Council's VAT reduction initiative

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…

European Bike Sales Forecast to Grow Dramatically

European Bike Market Set To Grow

A new detailed forecast developed by three major European cycling bodies is predicting the European bicycle market to grow by 47% in terms of annual sales, during the decade to 2030. This translates to an increase of 10 million bikes sold per year, from approximately 20 million bike sales in 2019 to 30 million in…

How Fast Will Ebike Sales Grow?

Manuel Marsilio General Manager of the Confederation of the European Bicycle Industry (CONEBI) has predicted that the European ebike market will triple in the next five years. Last year 2.5 million ebikes were sold in Europe. Mr Marsilio is predicting annual sales of 7.5 million units by 2025. Latest sales figures show that 920,000 ebikes…