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[4] [5] Sinyard started importing Italian bike components which were difficult to find in the United States, [3] but the company began to produce its own bike parts by 1976, starting with the Specialized Touring Tire. [5] [6] In 1981, the company introduced its first two bikes: the Sequoia, a sport-touring design, and the Allez, a road bike. [7]
Pacific Cycle, Inc., is an American subsidiary of Dutch conglomerate Pon Holdings that makes, imports and distributes bicycles. It was founded in 1977 by Chris Hornung. The company pioneered the sourcing of bicycles from the Far East for distribution in the U.S., developing relationships with suppliers primarily in Taiwan and China. [1]
China is the world's leading producer of e-bikes. According to the data of the China Bicycle Association, a government-chartered industry group, in 2004 China's manufacturers sold 7.5 million e-bikes nationwide, which was almost twice the year 2003 sales; [17] domestic sales reached 10 million in 2005, and 16 to 18 million in 2006. [16]
The Schwinn Bicycle Company is an American company that develops, manufactures and markets bicycles under the eponymous brand name. The company was founded by Ignaz Schwinn (1860–1948) in Chicago in 1895, [2] [3] and in the 20th century became the dominant manufacturer of American bicycles.
Ibis Bicycles was founded by Scot Nicol, one of the earliest mountain bikers in northern California. It began in Nicol's garage in 1981, when a friend asked him to build a frame. [2] Nicol sold the company to an investment group in 2000 and it went bankrupt within 20 months. [2] Ibis returned to the industry at the 2005 Interbike tradeshow. [3]
LimeBike was founded in January 2017 by Brad Bao and Toby Sun, both of whom were executives of Fosun International's venture capital arm. It raised US$12 million in venture funding led by Andreessen Horowitz in March 2017. [2] The company's first location, University of North Carolina at Greensboro, launched in June 2017 with 125 bicycles. [3]