Dutch PTW industry trade association Bovag RAI reports 4.9m e-bikes (pedal assists/e-bicycles) in the Netherlands, with a € 9.5bn total market value. Multiscope research says one in three Dutch people owns one or more e-bikes; owners are generally older than 50 with above average income, however the number of buyers between 35 and 49 in particular increased significantly last year. The market value of the segment increased by € 1.1bn in 2021. On average, the e-biker cycles about 43 km per week.
According to the FCAI, the motorcycle sales boom in Australia appears to have peaked - motorcycle, scooter and ATV sales were down by -10.7% in Q1 of 2022 (24,338 units). Off-roaders were the strongest segment, accounting for 39.6% of the available market, but at 9,644 units were down by -17.2%; road-going motorcycles (9,723 units) were up by +12% and were 39.9% of the available market.
Energica Motor Company (Italy) has signed KOZA INS. TIC. A.S. as its importer for Turkey - located in Ankara, the capital and second-largest city (population over 5.7m). Between 2020 and February 2022, Turkey saw a 150% increase in sales of electric PTWs. Among the latest Government initiatives to boost EV sales in Turkey are a 20 percent discount scheme and charging stations that will be open to renewable energy and storage integration.
Brembo Q1 revenues of € 857.6m were + 27.0% (+18.7% on an X-rate parity basis) with EBITDA at € 150.8m and net profit of € 71.7m. The company made net investments for the quarter at € 59.9m Net financial debt was at € 456.5m, up € 17.6m compared to 31 March 2021. Executive Chairman Matteo Tiraboschi said that "these are positive results - a satisfying performance given the complex global scenario; we saw growth across all our business segments."
Piaggio shareholders have authorised a share buyback programme that could see the company buying back up to 16,600,000 ordinary shares, for a maximum outlay of €41,331,787 - within the legal limits of 20% of share capital. At the time of the decision Piaggio held 1,182,448 of its own shares.
Sources: AMD, IDN, FT, Reuters, PSB, MPN, BDN, MCN, AP, Bloomberg, MSNW, Electrek, electricmotorcycles.news, RideApart.com, Motor1.com, Cycle World, motorbikewriter.com
