Brompton profits plunge more than 99% amid bike industry turmoil

Boss of bicycle maker says discounting after Covid boom means ‘sad state of affairs’ in global market is likely to go on

5 comments

If you, like me, didn't know why the bike industry is in turmoil: Blowback from overproduction due to bike popularity during COVID

(according to the article)
There is going to be a huge collapse of all ebike manufacturers. I got an ebike for my son for $250. So far, it compares well with ebikes from 3 years ago that cost $2500.
- What bike?
  
  Qlife with mountain bike tires.
  
  Probably something like the ebike berm peak recently tested. Surprisingly good value for the money.