Bicycles: Turkey’s Growing Opportunity

In recent years, European bicycle manufacturers have been seeking alternative avenues for e-bike production due to embargoes on China. As a result, Turkey has emerged as a promising destination for these manufacturers. Korel A.S., a Turkish company specializing in aluminum frames and bicycle parts, recognized this opportunity as early as 2015 and made significant investments in the bicycle sector.

Ali Öztürk, the factory manager of the bicycle department at Korel A.S., acknowledges the impact of the EU’s anti-dumping sanctions and restrictions on Chinese imports. While these measures have created export opportunities for European producers, they have also opened doors for Turkish manufacturers. Korel A.S. has capitalized on this demand, producing bicycles under the Corelli and Broster brands and manufacturing a range of components in-house, including aluminum frames, decal labels, handlebars, seat posts, rear carriers, and rims.

The company’s focus on domestic production has been instrumental in meeting EU import regulations. Öztürk emphasizes their commitment to ensuring that all e-bikes exported to Europe possess the EN-15194 certification. This attention to quality and compliance has positioned Korel A.S. as a solution provider for many European manufacturers during the pandemic, as they were unable to access frames and aluminum parts from their usual Far Eastern suppliers. The Turkish company swiftly filled the gap, delivering high-quality products in a timely manner.

Looking ahead, Korel A.S. is further expanding its offerings. Öztürk reveals the company’s plan to invest in the production of electric bicycle batteries and motors, capitalizing on the increasing measures aimed at reducing China-origin products in e-bike production. Leveraging their extensive experience in the electrical and electronic fields, as well as their partnerships with leading producers in various industries, Korel A.S. is well-positioned to manufacture these parts to international standards.

To accommodate this expansion, the company is constructing a new high-security production facility spanning over 40,000 square meters. This facility, expected to be completed by September of this year, will house battery and electric bicycle motor production. With a strong focus on compliance with EU customs regulations and accurate value and origin declarations, Korel A.S. aims to offer EN 15194 certified bicycles as a compelling alternative for companies exporting e-bikes from Turkey to Europe.

As the e-bike industry continues to evolve, Turkey’s role as a prominent player in bicycle manufacturing is set to grow. With its domestic production capabilities, attention to quality, and expanding product range, Korel A.S. is poised to be a key player in this flourishing market.

The e-bike industry in Europe has experienced a shift in production due to the imposition of embargoes on China. This has led many bicycle manufacturers to seek alternative avenues for e-bike production. Turkey has emerged as a promising destination for these manufacturers, with companies like Korel A.S. leading the way.

Korel A.S., a Turkish company specializing in aluminum frames and bicycle parts, recognized the potential of this market as early as 2015 and has since made significant investments in the bicycle sector. The factory manager of the bicycle department at Korel A.S., Ali Öztürk, acknowledges the impact of the EU’s anti-dumping sanctions and restrictions on Chinese imports. While these measures have created export opportunities for European producers, they have also opened doors for Turkish manufacturers.

Korel A.S. has capitalized on this demand by producing bicycles under their Corelli and Broster brands and manufacturing a range of components in-house. This includes aluminum frames, decal labels, handlebars, seat posts, rear carriers, and rims. By focusing on domestic production, the company has been able to meet EU import regulations, specifically the EN-15194 certification required for e-bikes exported to Europe.

This commitment to quality and compliance has positioned Korel A.S. as a solution provider for many European manufacturers, especially during the pandemic when access to frames and aluminum parts from their usual suppliers in the Far East was limited. The Turkish company filled this gap by delivering high-quality products in a timely manner.

Looking to the future, Korel A.S. is expanding its offerings by investing in the production of electric bicycle batteries and motors. This move is in response to the increasing measures aimed at reducing China-origin products in e-bike production. Leveraging their extensive experience in the electrical and electronic fields, as well as their partnerships with leading producers in various industries, Korel A.S. is well-positioned to manufacture these parts to international standards.

To accommodate this expansion, the company is constructing a new high-security production facility spanning over 40,000 square meters. This facility, expected to be completed by September of this year, will house battery and electric bicycle motor production. With a strong focus on compliance with EU customs regulations and accurate value and origin declarations, Korel A.S. aims to offer EN 15194 certified bicycles as a compelling alternative for companies exporting e-bikes from Turkey to Europe.

The e-bike industry is evolving rapidly, and Turkey’s role as a prominent player in bicycle manufacturing is set to grow. With Korel A.S.’s domestic production capabilities, attention to quality, and expanding product range, the company is poised to be a key player in this flourishing market.

For more information on the e-bike industry and market forecasts, you can visit the following links:

Bicycle Retailer
Cycling Industry News
Statista