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12 Aug 2021

Maybe* have collated the latest social media happenings so you can stay in the loop so read on for the latest social media news

12 Aug 2021

To make preparations as easy as possible for IBDs during this busy time the ACT have created a digital Retailer Promotional Pack that is free to download

9 Aug 2021

The DfT have asked for the ACT's assistance in gathering data from Cornish retailers to measure how effective Government investment in e-bikes in Cornwall would be.

5 Aug 2021

Now in its ninth year, Cycle to Work Day is the UK's leading one-day commuting event. The idea is simple - to  celebrate everyday cycling.

5 Aug 2021

Part 2 of the summer series looks at how the ACT works closely with the Independent Retailers Confederation (IRC) to become even more influential in meeting the needs of independent retail.

4 Aug 2021

Whether you ride foWhether you ride for pleasure, sport or just to get from A to B, join Cycling UK for free insurance, legal cover and more.

29 Jul 2021

Part 1 of the ACT summer series looks at the rapid expansion of Cytech in the UK.

29 Jul 2021

Social media is a busy world, and the past week has been no different. Maybe* have pulled together some of the top, recent headlines. Read on to discover the Olympiad emojis and live stream...

29 Jul 2021

The IRC are seeking urgent input from members impacted by the rule changes  on 1st Julyto provide us with valuable information we can present to Government.

23 Jul 2021

Get involved early with one of the latest innovations in indoor cycling

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EU Parliament decides on no mandatory insurance and plate for e-bikes

Posted on in Business News , Cycles News

Thebikee European Parliament and Council have reached a provisional agreement to exclude e-bikes from insurance obligations. It is part of complete set of rules to better protect road accident victims.

This provisional agreement runs completely separate from the recommendations of the Transport Research Laboratory (TRL) which were published last March. They carried out the study on behalf of the European Commission on the safety of Personal Mobility Devices. The TRL then advised to keep e-bikes outside the scope of the next EU Type Approval legislation. Currently this EU Type Approval is applicable on speed-pedelecs and come with, among them, a license plate and insurance.

No over-regulation

"This is good news from the European Parliament for the bicycle industry," said CONEBI chairman Erhard Buchel responding on the announcement.

EU Parliament rapporteur Dita Charanzova said: "It was high time to clarify motor insurance rules, so that Europeans are better protected and treated equally in the EU when accidents occur and when insuring their vehicles. With this political agreement we have additionally managed to curb absurd over-regulation for e-bikes and some other categories like motorsports."

Following steps

The deal will now have to be formally approved by Parliament and Council. Once approved, the directive will enter into force 20 days after its publication in the EU Official Journal. The new rules will start to apply 24 months after the entry into force.

Mandatory insurance or not?

The question whether or not to implement a Europe wide mandatory e-bike insurance has been discussed more often in recent history. In January 2020 the EU Parliament voted against a European Commission's proposal to include e-bikes EU Motor Insurance Directive after a strong lobby of industry stakeholders and the ECF.

 

UK e-bike sales value hits 23% of total 

A new Mintel report conducted alongside 2,000 UK consumers suggests that electric bike sales rose to represent nearly a quarter of cycle sales value in 2020, while the number of people expected to buy a bike or e-bike in the next 12 months remains on the rise.

The subject of whether demand will sustain as the world works its way through the pandemic is on all in the industry's mind at present and the Mintel research has the figure at 42% of people who intend to make the investment in the coming year, versus 37% who said the same in 2020.

The findings in the report do run at odds in parts with industry research on valuations, which are based on e-commerce sales data rather than consumer surveys. Nonetheless, Mintel writes that it believes the value of the UK bicycle market rose by around 44% to reach nearly £1.2 billion in 2020, up from £825 million in 2019. Meanwhile, the Bicycle Association‘s data concludes that £1 billion was added in 2020, taking the total value to £2.31 billion. It added that bicycle sales alone surpassed £1 billion for the first time in recent datasets.

 

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