News – Page 15 – Pedelecs – Electric Bike Community

Last month the government published its long-term Cycling and Walking Investment plan (‘CWIS’) to encourage more people to make short journeys on a bike or on foot. The funding package covers a number of initiatives, including cycling proficiency training for a further 1.3 million children, expanding cycles routes to connect more communities with employment and …

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Exploratory discussions between Accell and Pon have ground to a halt, according to a statement issued by Accell Group yesterday. It said that Pon’s increased non-binding offer, up by €1 from €32 to €33 per share, failed to win both the confidence of Accell Group to continue discussions and the support of its shareholders. Hielke …

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Accell Group has today announced that it has received a “a non-binding, conditional proposal from Pon Holdings to combine Accell Group with its own bicycle activities.” Accell say the announcement has been made in ‘anticipation of market rumours’ and is studying the non-binding 32.72 euro per share (including the proposed 2016 dividend of €0.72) proposal as …

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Industry figures tracking sales of bicycles in Germany show that with 4.05 million bicycles sold in Germany last year, units sold dipped 6.9% compared to 2015. Describing 2016 as a ‘difficult year,’ ZIV, Germany’s industry cycle association, said adverse weather weakened sales in the first half of last year. While stating that the second half …

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A comparison of grants and subsidies offered by European governments to increase electric bike use and reduce pollution sees the UK languishing near the bottom of the table. The December 2016 report from the European Cyclists’ Federation shows the differing levels of financial incentives for e-cycling in a number of countries at both national and …

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