Latest Pro Cycling News
May 12, 2026
Woman files wrongful death suit against Rad Power Bikes after fire kills husband
A woman filed a wrongful death lawsuit against Rad Power Bikes and an authorized dealer in Florida after one of the brand's e-bikes ignited in her garage and killed her husband. The lawsuit officially lists as a defendent New Summit Collective Inc., which was Rad Power's parent company before the...
May 11, 2026
Amazon says it won’t sell e-bikes in California that exceed state speed limits
After several deadly crashes, Amazon says it will no longer allow California sales of certain e-bikes that can go faster than state speed limits, according to Orange County District Attorney Todd Spitzer. This comes after a consumer alert issued by California Attorney General Rob Bonta last month, which called for...
May 8, 2026
Porsche shuts down Porsche eBike Performance GmbH, resulting in over 500 job losses
Porsche eBike Performance GmbH will be discontinued following the planned sale of Porsche AG’s stakes in Bugatti Rimac and the Rimac Group, Dr. Ing. h.c. F. The subsidiaries Cellforce Group GmbH, based in Kirchentellinsfurt, Porsche eBike Performance GmbH, based in Ottobrunn, and Cetitec GmbH, based in Pforzheim, are to be...
May 8, 2026
Giant points to improved margins in Q1, says WRO cost $2.6 million in the quarter
Giant Group is noting that new product launches helped increase its gross margin rate in the first quarter, when the manufacturer recorded a net loss after tax of NT$200 million ($6.37 million). The company also reported a one-time cost of NT$80 million ($2.56 million) related to the Withhold Release Order...
May 7, 2026
Peloton Soars 11% on Q3 Profit Turnaround, Raised Guidance, Spotify Partnership
Shares of Peloton Interactive (NASDAQ:PTON) are climbing 11% to $5.76 in premarket trading on Thursday, May 7, after the connected fitness company posted a swing to GAAP profitability and lifted its full-year outlook. The bid follows an 8-K filed at 6:59 a.m. ET and an earnings call that began at 8:30 a.m....
May 6, 2026
Laka acquires VeloLife’s bike insurance business, marking its fourth acquisition as M&A strategy accelerates
Laka, the UK & EU green mobility insurtech, today announces the acquisition of assets from VeloLife, the specialist cycle insurance provider. This marks Laka’s fourth acquisition in three years and the first public milestone in the active M&A pipeline that Laka signalled when it closed its £14.1 million Series B...
April 29, 2026
AI Is Transforming Pro Cycling, Whether You Like It or Not. Here’s What It Means for You
Pro racing is on the precipice of an AI revolution, and you’d better get used to it. After years of dabbling at the margins, the way the world’s elite trains, fuels, and races is set to be transformed by both DIY programs and multinational data partners. And all of us...
April 23, 2026
What’s a Good Cycling Speed by Age? Here’s What the Data Shows
Strava data reveals U.S. average cycling speeds vary by ride type, surface, and age group. Leisure pavement rides average 14.1 mph over 19.2 miles, while dirt leisure rides are slower at 8.3 mph for 10.6 miles. Commutes show pavement at 12.1 mph (4.7 miles) and dirt at 9.8 mph (5.1 miles),...
April 23, 2026
Shimano Q1 sales flat but operating income down sharply in its bike division
Sales in Shimano's bike division were down 0.7% in in the first quarter, but operating earnings in the business unit plummeted 46% in the quarter. Sales of bike products in the quarter were 87.4 billion yen ($545.2 million) while operating income was 7.8 billion yen in that business. The decline in...
April 22, 2026
Giant UK Acquires Thomas’s Cycle Revolution Ltd
Thomas’s Cycle Revolution (Cycle Revolution) has been bought out of administration by Giant UK. Dominic Dumville and Henry Page of Mercer & Hole were appointed joint administrators of Thomas’s Cycle Revolution Limited (“TCR)” on 23 March 2026, and they have now completed a sale of the business and certain assets...
