European Union Agrees on Bike Tax Cuts

By Scott Green | 16th December 2021 |
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

By Phil Latz | 17th December 2020 |
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…