Tag Archive | "accell group"

Accell Group Acquires Currie Technologies

Accell Group Acquires Currie Technologies

CHATSWORTH, CA (BRAIN)—Those who have been patiently plugging away at e-bike sales in the U.S. hope Dutch juggernaut Accell Group’s entry into the market will be the shot in the arm the industry needs to jumpstart the sluggish category.

“They were the company that developed the market in Western Europe. They did the blocking and tackling to market electric bikes to dealers and consumers so they have a pretty good understanding what it takes to get it off of dead center,” said Larry Pizzi, president of Currie Technologies, which Accell Group acquired from its private equity owner in a deal announced this week.

Read the complete article at:
Power to the people: Accell buy applauded

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Dutch Love Electric Bikes

Dutch Love Electric Bikes

dutch-love-ebikes

Although we are in the depths of the biggest economic crisis in decades the sale of ebikes in The Netherlands is on the rise. Despite prices of € 1,900 per electric bike, the Dutch keep purchasing electric bikes in record-breaking numbers. In the first three quarters of 2008 sales were reportedly up 52% in value and 35% in volume

BOVAG, the Dutch dealer association released statistics at its annual Congress showing electric bike sales in the Netherlands will end at 120,000 units with a share of 10% of the total bicycle market. Up from 89,000 units in 2007 and 45,000 in 2006.

Bike shops across Holland are showing steady increases in electric bike sales. The Dutch Dealer association said yesterday that electric bikes currently account for 29% of the turnover made in the whole Dutch two-wheeler sector that next to the sale of new bikes and P&A also includes the sale of mopeds and scooter

Because of the boom in electric bikes the sale of regular bikes in the 700 to 900 euro (retail) price bracket suffered in 2008. However, cheaper prices bikes in the 500 to 700 euro segment managed to increase in market share.

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