ebikes – pressnews

[ad_1] Swapfiets signed up 3,000 users in four months. A new group has joined London's busy bike messengers, style-conscious Rapha riders and Lycra-clad urban cyclists as they cruise through town. Thousands in the British capital are renting Dutch-style bikes from Swapfiets, a company started in the Netherlands in 2014. It signed up 3,000 UK customers to its service over just four months this summer. Each bike has a relaxed, upright riding style with a hands-free coaster brake. For a flat fee starting at £17 per month ($19), customers can choose among four models, including e-bikes, designed to suit needs ranging from casual weekend bicyclists to dedicated delivery riders who rack up thousands of miles each month. Lights and locks are included in the price, along with a guarantee t...

[ad_1] The bike industry is riding into a rough patch as inflation surges. But two-wheel rides still look like a long-term winner. Is air leaking out of the bicycle boom? Recent profit warnings from European bike companies suggest weakening demand and surplus inventory are becoming a problem. “The industry has overordered on bikes. Dealers got overexcited and shops felt also pressured to place orders due to supply chain issues,” says Will Butler-Adams, chief executive officer of UK folding bike company Brompton Bicycle Ltd. The recent slowdown is a stark change from the past couple of years when the pandemic sent consumers flocking to bike dealers so they could avoid public transport, entertain their kids and enjoy more ...

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Can E-Bikes Rescue the Covid Bicycle Boom?