Hybrid bike manufacturing companies focus on creating versatile bicycles that blend the features of road, mountain, and electric bikes. This segment has gained traction due to rising urban commuting interests and environmentally-conscious transportation. Manufacturers produce a variety of models for different user needs, integrating smart technology and sustainable materials. As cycling popularity increases, innovation in product design and functionality is paramount. Companies are increasingly embracing e-bike technology and customization, aligning with trends promoting healthy lifestyles and sustainability. The future looks promising, with more consumers looking for eco-friendly alternatives and convenient commuting options.


The list showcases companies of varying sizes from across the globe, including notable brands like Cannondale, Trek Bicycle, and Firefox Bikes. Founded between 1909 and 2017, these enterprises tap into unique specializations, producing not only hybrid bikes but also electric and mountain models. With headquarters in countries such as the USA, India, and Canada, each company has carved its niche within the biking ecosystem, tailoring their offerings to meet regional demands. This subsection of the manufacturing industry reflects a commitment to innovative bike designs, customer engagement, and responsible production practices.


Keep reading to discover the top hybrid bike manufacturing companies.


Top 21 Hybrid Bike Manufacturing Companies


1. Cannondale

  • Website: cannondale.com
  • Ownership type: Corporate
  • Headquarters: Wilton, Connecticut, United States (USA)
  • Employee distribution: United States (USA) 41%, Netherlands 31%, Germany 8%, Other 20%
  • Latest funding: October 2013
  • Founded year: 1971
  • Headcount: 501-1000
  • LinkedIn: cannondale

Cannondale Bicycle Corporation, founded in 1971 and based in Wilton, Connecticut, is a prominent manufacturer and retailer of bicycles. The company specializes in a wide range of bike types, including road, mountain, hybrid, and electric models, along with various accessories and gear. Cannondale's products are available through their online platform and local bike shops, ensuring accessibility for consumers. The company has a strong presence in the cycling community, focusing on quality and performance. Cannondale is also involved in sustainability initiatives, such as the e-bike battery recycling program, which highlights their commitment to environmental responsibility. With a workforce of around 511 employees, Cannondale continues to be a significant player in the bicycle manufacturing industry.


2. Trek Bicycle

  • Website: trekbikes.com
  • Ownership type: Corporate
  • Headquarters: Waterloo, Wisconsin, United States (USA)
  • Employee distribution: United States (USA) 61%, Australia 7%, India 5%, Other 27%
  • Latest funding: September 2024
  • Founded year: 1976
  • Headcount: 5001-10000
  • LinkedIn: trekbikes

Trek Bicycle Corporation, founded in 1976 and based in Waterloo, Wisconsin, is a prominent bicycle manufacturer and retailer. The company specializes in a wide array of bicycles, accessories, and apparel tailored for both cycling enthusiasts and casual riders. Trek's product offerings include road bikes, mountain bikes, electric bikes, and notably, hybrid bikes, which are designed for versatility and comfort. The company is dedicated to high-quality manufacturing and innovative design, ensuring that their bicycles meet the needs of various riders. Trek also actively participates in the cycling community through sponsorships and events, further solidifying its position in the industry. With a workforce of over 3,400 employees and a global presence, Trek continues to be a significant player in the bicycle market.


3. Specialized Bicycle Components

  • Website: specialized.com
  • Ownership type: Corporate
  • Headquarters: Morgan Hill, California, United States (USA)
  • Employee distribution: United States (USA) 41%, Switzerland 6%, Netherlands 5%, Other 47%
  • Latest funding: May 2022
  • Founded year: 1974
  • Headcount: 1001-5000
  • LinkedIn: specialized-bicycle-components

Specialized Bicycle Components, Inc. is a prominent bicycle manufacturer and retailer based in Morgan Hill, California. Founded in 1974, the company has built a reputation for designing, manufacturing, and marketing a wide range of bicycles, components, and accessories. Specialized serves cyclists of all levels, from casual riders to competitive athletes, with a strong emphasis on innovation and customer engagement. Their product lineup includes electric bikes, road bikes, mountain bikes, and notably, hybrid bikes, which cater to urban commuters and fitness enthusiasts. Specialized operates through direct sales and partnerships with retailers, ensuring their products are accessible to a broad audience. The company is also committed to sustainability and community engagement, recognizing the social and environmental impacts of their operations. With a workforce of over 2,500 employees, Specialized continues to be a significant player in the cycling industry, focusing on enhancing the riding experience through high-quality products and cutting-edge technology.


4. Firefox Bikes Pvt. Ltd.

  • Website: firefoxbikes.com
  • Ownership type: Corporate
  • Headquarters: Gurugram, Haryana, India
  • Employee distribution: India 100%
  • Latest funding: September 2015
  • Founded year: 2005
  • Headcount: 201-500
  • LinkedIn: firefox-bikes-india

Firefox Bikes Pvt. Ltd., founded in 2005 and based in Gurugram, Haryana, India, is a bicycle manufacturer and retailer that specializes in a variety of bike types, including mountain, hybrid, and electric bikes. The company caters to a wide audience, from cycling enthusiasts to families, by providing high-quality bicycles designed for different riding styles. Firefox Bikes operates through an online store and a network of authorized dealers across India, ensuring accessibility for customers. Their hybrid bikes are particularly noteworthy, as they are crafted to serve both urban and rural riding needs, making them suitable for a range of users. The company has not reported any recent funding, indicating a self-sustained operational model. Firefox Bikes is committed to enhancing the cycling experience through innovative designs and quality materials, which has helped them maintain relevance in the competitive cycling industry.


5. Cycles Devinci

  • Website: devinci.com
  • Ownership type: Private
  • Headquarters: Saguenay, Quebec, Canada
  • Employee distribution: Canada 97%, Switzerland 3%
  • Founded year: 1987
  • Headcount: 51-200
  • LinkedIn: cycles-devinci

Cycles Devinci, founded in 1987 and based in Saguenay, Quebec, Canada, is a private bicycle manufacturer known for its high-quality bikes tailored to various cycling needs. The company produces a wide array of bicycles, including road, mountain, and hybrid models, catering to both competitive and recreational cyclists. Devinci emphasizes customization, allowing customers to select features that match their riding style. With a dedicated team of engineers and a commitment to innovation, Devinci has established itself as a significant player in the cycling industry. The company operates its manufacturing processes in-house, ensuring rigorous quality control and rapid prototyping. This approach not only enhances their product offerings but also reinforces their reputation for reliability and performance in the cycling community.


6. Marin Bikes

  • Website: marinbikes.com
  • Ownership type: Private Equity
  • Headquarters: Petaluma, California, United States (USA)
  • Employee distribution: United States (USA) 45%, United Kingdom (UK) 22%, Taiwan 9%, Other 24%
  • Latest funding: February 2012
  • Founded year: 1986
  • Headcount: 11-50
  • LinkedIn: marin-bikes

Marin Bikes, founded in 1986 and based in Petaluma, California, is a private equity-owned bicycle manufacturer and retailer. The company specializes in a wide array of bicycles, including mountain, fitness, and hybrid models, catering to cycling enthusiasts and everyday riders alike. Marin Bikes emphasizes quality and performance, offering professional assembly through a network of authorized dealers. Their business model includes direct sales to consumers via their online store, enhancing accessibility to their products. With a dedicated team of riders and designers, Marin Bikes continues to innovate and adapt to the evolving needs of cyclists, maintaining a strong presence in the bicycle industry.


7. Bh Bikes

  • Website: bhbikes.com
  • Ownership type: Private
  • Headquarters: Vitoria-Gasteiz, Basque Country, Spain
  • Employee distribution: Spain 60%, Portugal 19%, Germany 7%, Other 14%
  • Founded year: 1909
  • Headcount: 51-200
  • LinkedIn: bhbikes

BH Bikes, based in Vitoria-Gasteiz, Basque Country, Spain, has been a prominent player in the bicycle manufacturing industry since its founding in 1909. The company specializes in a wide array of bicycles, including electric, mountain, and road bikes, with a notable emphasis on hybrid and urban models. Catering to both cycling enthusiasts and casual riders, BH Bikes is dedicated to producing high-quality products that meet various cycling needs. Their online store facilitates direct sales to customers, enhancing accessibility to their offerings. With a workforce of approximately 127 employees, BH Bikes operates primarily in Spain, with significant markets in Portugal and Germany. The company has established a reputation for innovation, particularly in the electric bike segment, which complements their hybrid offerings.


8. Naren International

  • Website: suncrossbikes.com
  • Ownership type: Private
  • Headquarters: Ludhiana, Punjab, India
  • Employee distribution: India 100%
  • Founded year: 2004
  • Headcount: 51-200
  • LinkedIn: naren-international

Naren International, founded in 2004 and based in Ludhiana, Punjab, India, operates under the brand Suncross. The company specializes in manufacturing and retailing a wide range of bicycles, including mountain, road, electric, and hybrid bikes. Suncross caters to both individual consumers and businesses, providing quality products tailored for recreational and commuting needs. Their online store facilitates direct sales to customers, enhancing accessibility. With a workforce of around 32 employees, the company maintains a focused operation, primarily serving the Indian market. Suncross also offers various bicycle accessories, further solidifying its position in the cycling industry.


9. Helkama Velox Oy

  • Website: helkamavelox.fi
  • Ownership type: Family Owned
  • Headquarters: Hanko, Uusimaa, Finland
  • Employee distribution: Finland 100%
  • Founded year: 2010
  • Headcount: 51-200
  • LinkedIn: helkama-velox-oy

Helkama Velox Oy, founded in 2010 and based in Hanko, Uusimaa, Finland, is a family-owned bicycle manufacturer known for its commitment to quality and sustainability. The company produces a wide range of bicycles, including electric and traditional models, with a notable focus on hybrid bikes. Annually, Helkama Velox manufactures over 25,000 bicycles, catering to both individual consumers and businesses. Their production facility in Hanko is equipped with advanced technology and emphasizes local craftsmanship, with each bike assembled by skilled workers. Helkama Velox is dedicated to responsible manufacturing practices, recycling over 90% of materials used in production and operating Finland's largest solar power plant on their factory roof. This dedication to sustainability and quality positions them as a significant player in the bicycle industry.


10. Fantom Bikes

  • Website: fantombikes.com
  • Ownership type: Private
  • Headquarters: Pune, Maharashtra, India
  • Employee distribution: India 100%
  • Founded year: 2009
  • Headcount: 11-50
  • LinkedIn: fantom-bikes

Fantom Bikes, based in Pune, Maharashtra, India, is a private bicycle manufacturer founded in 2009. The company focuses on producing a wide range of bicycles and accessories, catering to consumers of all ages. Fantom Bikes emphasizes quality and performance, aiming to meet the needs of cycling enthusiasts. Their product lineup includes various categories, with a notable emphasis on hybrid bikes, offering eight distinct models. This specialization highlights their commitment to the hybrid segment, which is popular for its versatility in both recreational and commuting contexts. The company operates entirely within India and has a workforce of 11 to 50 employees, reflecting a small to medium-sized enterprise in the cycling industry.


11. Jindal Fine Industries (Leader Cycles|HomeSide|Kidsmate )


Jindal Fine Industries, known for its brands Leader Cycles, HomeSide, and Kidsmate, is a bicycle manufacturer based in Ludhiana, Punjab, India. Founded in 1977, the company has established itself in the bicycle industry by offering a wide range of products, including electric bikes, mountain bikes, and notably, hybrid bikes. Leader Bicycles caters to various consumer needs, providing options for assembly and ensuring customer satisfaction through quality products. The company emphasizes in-house manufacturing, which allows for better control over quality and production processes. With a workforce of around 501-1000 employees, Jindal Fine Industries has a significant operational scale, focusing entirely on the Indian market. Their commitment to customer service is evident through offerings like home assembly and a pan-India support network.


12. Kross S.A.

  • Website: kross.eu
  • Ownership type: Private
  • Headquarters: Przasnysz, Masovian Voivodeship, Poland
  • Employee distribution: Poland 95%, Other 5%
  • Founded year: 1990
  • Headcount: 501-1000
  • LinkedIn: kross-s.a.

Kross S.A., founded in 1990 and based in Przasnysz, Poland, is a private bicycle manufacturer and retailer. The company specializes in a wide array of bicycles, including mountain, road, and notably, hybrid and electric bikes. Kross aims to enhance the cycling experience for both enthusiasts and casual riders by providing high-quality products. Their offerings extend beyond bicycles to include accessories and apparel, showcasing their commitment to the cycling community. Kross operates through an online store and physical retail locations, ensuring accessibility for customers. With a workforce of around 222 employees, the company has established itself as a significant player in the European bicycle market, continuously adapting to industry trends and consumer preferences.


13. Asiabike Industrial Limited

  • Website: asiabike.lk
  • Ownership type: Private
  • Headquarters: Panadura, Western, Sri Lanka
  • Employee distribution: Sri Lanka 90%, Pakistan 10%
  • Founded year: 1994
  • Headcount: 501-1000
  • LinkedIn: asiabike-industrial-limited

Asiabike Industrial Limited, founded in 1994, is a prominent bicycle manufacturer based in Panadura, Sri Lanka. The company specializes in a wide array of bicycles, including folding bikes, mountain bikes, and notably, city/hybrid bikes. Asiabike caters to international brands and retailers, providing high-quality products that meet the growing demand for cycling. With factories located in Panadura and Horana, the company has established itself as a significant exporter in the bicycle industry. Asiabike is recognized for its commitment to quality, having achieved ISO 9001:2015 certification, which ensures that their manufacturing processes meet rigorous international standards. The company has also received several awards for its export performance, highlighting its role as a key player in the Sri Lankan bicycle manufacturing sector. Asiabike's focus on innovation and quality positions it well within the competitive landscape of hybrid bike manufacturing.


14. Summit Bicycles

  • Website: summitbicycles.com
  • Ownership type: Private
  • Headquarters: Burlingame, California, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1922
  • Headcount: 51-200
  • LinkedIn: summit-bicycles

Summit Bicycles, founded in 1922 and based in Burlingame, California, is a private bicycle retailer that specializes in a wide range of bicycles, including road, mountain, electric, and hybrid models. With a team of approximately 26 employees, the company has established itself as a go-to destination for cycling enthusiasts and families alike. Summit Bicycles not only sells bikes but also offers rental services, making it accessible for those looking to try before they buy. Their commitment to quality products and customer service has helped them maintain a strong presence in the cycling industry for over a century. The company features a comprehensive catalog that includes hybrid bikes, showcasing their involvement in this segment of the market. Summit Bicycles operates multiple locations in California, further solidifying their footprint in the local cycling community.


15. Vesco Cycles

  • Website: vescocycles.com
  • Ownership type: Private
  • Headquarters: Ludhiana, Punjab, India
  • Employee distribution: India 100%
  • Founded year: 1970
  • Headcount: 11-50
  • LinkedIn: vesco-cycles

Vesco Cycles, established in 1970 and based in Ludhiana, Punjab, India, is a private bicycle manufacturer and retailer. The company specializes in producing a wide array of bicycles tailored for different age groups and riding preferences. Their product line includes hybrid bicycles, mountain bikes, city bikes, and children's bicycles, catering to both recreational and transportation needs. Vesco Cycles emphasizes quality and customer satisfaction, providing an online shopping experience that enhances accessibility for consumers. With a workforce of 11-50 employees, the company operates entirely within India, focusing on delivering quality bicycles that meet the demands of local riders. Their commitment to innovation and customer service has helped them maintain relevance in the competitive bicycle market.


16. Swytch Technology

  • Website: swytchbike.com
  • Ownership type: Private Equity
  • Headquarters: London, England, United Kingdom (UK)
  • Latest funding: Crowdfunding, $1.3M, November 2024
  • Founded year: 2017
  • Headcount: 11-50
  • LinkedIn: swytch-technology

Swytch Technology, founded in 2017 and based in London, specializes in electric bike conversion kits. Their innovative products enable cyclists to convert their existing bicycles into electric bikes, catering to those seeking cost-effective and efficient biking solutions. The company operates primarily through an online store and has established partnerships with local bike shops for distribution. Swytch offers a range of kits, including a dedicated hybrid eBike kit, which highlights their focus on enhancing the cycling experience for hybrid bike users. Recently, they secured funding through crowdfunding, amounting to over £1.26 million, indicating strong market interest and support for their products. This funding will likely aid in further development and marketing of their conversion kits, solidifying their position in the electric bike market.


17. Anod

  • Website: anod.com
  • Ownership type: Private
  • Headquarters: Paris, Île-De-France, France
  • Employee distribution: France 100%
  • Founded year: 2022
  • Headcount: 1-10
  • LinkedIn: anod

Anod, based in Paris, Île-De-France, France, is a private bicycle manufacturer that specializes in hybrid and electric bicycles. Founded in 2022, the company aims to revolutionize urban mobility by offering innovative and sustainable transportation solutions. Anod's flagship product, the Anod Hybrid, is designed to provide an exceptional user experience through advanced technology. The bike features a unique energy storage system that combines supercapacitors with a compact lithium battery, allowing for energy recovery during braking and providing assistance even when the battery is depleted. Anod emphasizes local production, with all components manufactured in France, from the motor to the battery. The company targets urban cyclists who prioritize efficiency and eco-friendliness in their transportation choices. As a startup, Anod is still in the process of establishing its market presence, with the first deliveries scheduled for January 2025.


18. Lumala

  • Website: lumala.lk
  • Ownership type: Private
  • Headquarters: Sri Lanka
  • Employee distribution: Sri Lanka 100%
  • Founded year: 1975
  • Headcount: 201-500
  • LinkedIn: lumala-bicycle

Lumala, officially known as City Cycle Industries Manufacturing (Pvt.) Ltd., is a Sri Lankan bicycle manufacturer established in 1975. The company specializes in a wide range of bicycles, including electric bikes and hybrid models, catering to both individual consumers and businesses. With a manufacturing capacity of 2000 bikes per day, Lumala has been exporting its products to markets in Europe, Africa, and the Asia-Pacific region for over two decades. The company is dedicated to promoting cycling as a sustainable and economical transportation solution, emphasizing eco-friendly practices in its manufacturing processes. Lumala's commitment to innovation and health-promoting mobility options is evident in its product offerings, which include a variety of bicycles tailored to meet the needs of different riders. Their recent launch of the Lycan brand further expands their presence in the electric and hybrid bike segments, aiming to capture international markets.


19. Oggi Bikes

  • Website: oggibikes.com.br
  • Ownership type: Private
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Employee distribution: Brazil 100%
  • Founded year: 2014
  • Headcount: 201-500
  • LinkedIn: oggi-bikes

Oggi Bikes, founded in 2014, is a Brazilian bicycle manufacturer based in São Paulo. The company operates primarily in the consumer market, focusing on producing a wide range of bicycles, including mountain, urban, electric, and leisure bikes. Oggi Bikes is known for its commitment to quality, utilizing advanced technology and components from reputable brands like Shimano. Their manufacturing takes place in the Zona Franca de Manaus, where they employ over 300 skilled professionals. Oggi Bikes has made a name for itself by offering competitive pricing and a design inspired by Italian aesthetics. They actively participate in cycling events across Brazil and support a competitive cycling team, further solidifying their involvement in the cycling community. The company also emphasizes sustainability by promoting electric bikes as a cleaner alternative for urban mobility.


20. Corvo Cycles Ltd

  • Website: corvoltd.com
  • Ownership type: Private
  • Headquarters: Chattogram, Chittagong, Bangladesh
  • Employee distribution: Bangladesh 77%, Taiwan 15%, Pakistan 8%
  • Founded year: 2012
  • Headcount: 201-500
  • LinkedIn: corvo-cycles-ltd

Corvo Cycles Ltd, established in 2012, operates from a manufacturing facility in Chattogram, Bangladesh. The company specializes in OEM bicycle production, catering to business customers with a wide range of bicycles, including mountain bikes, kids' bikes, city bikes, and hybrid models. With over 20 years of experience in the industry, Corvo Cycles emphasizes high-quality manufacturing and timely delivery. Their factory is equipped for full alloy and steel welding, painting, and complete assembly, allowing them to meet various market demands. They also provide in-house design services for graphics and frame geometry, ensuring tailored solutions for their clients. The company has a significant presence in Bangladesh, with additional operations in Taiwan and Pakistan, and benefits from a trade-free zone that offers duty advantages for exports to Europe.


21. Bicycles Quilicot

  • Website: bicyclesquilicot.com
  • Ownership type: Private
  • Headquarters: Mascouche, Quebec, Canada
  • Employee distribution: Canada 100%
  • Founded year: 1915
  • Headcount: 51-200
  • LinkedIn: bicycles-quilicot

Bicycles Quilicot, founded in 1915 and based in Mascouche, Quebec, Canada, is a private retail company dedicated to the cycling community. With a workforce of approximately 37 employees, the company has established itself as a go-to destination for bicycles and cycling-related products. They offer a wide selection of bicycles, including road bikes, mountain bikes, and notably, hybrid bikes designed for various uses such as performance, comfort, and urban commuting. In addition to their extensive product range, Bicycles Quilicot provides essential services like maintenance and repair, ensuring that customers receive comprehensive support for their cycling needs. Their commitment to quality and customer service has made them a respected name in the cycling industry, particularly in the Canadian market.



Hybrid Bike Manufacturing Insights: Key Companies


CompanyHeadquarterSizeFoundedOwnership
CannondaleWilton, Connecticut, United States (USA)501-10001971Corporate
Trek BicycleWaterloo, Wisconsin, United States (USA)5001-100001976Corporate
Specialized Bicycle ComponentsMorgan Hill, California, United States (USA)1001-50001974Corporate
Firefox Bikes Pvt. Ltd.Gurugram, Haryana, India201-5002005Corporate
Cycles DevinciSaguenay, Quebec, Canada51-2001987Private
Marin BikesPetaluma, California, United States (USA)11-501986Private Equity
Bh BikesVitoria-Gasteiz, Basque Country, Spain51-2001909Private
Naren InternationalLudhiana, Punjab, India51-2002004Private
Helkama Velox OyHanko, Uusimaa, Finland51-2002010Family Owned
Fantom BikesPune, Maharashtra, India11-502009Private
Jindal Fine Industries (Leader Cycles|HomeSide|Kidsmate )Ludhiana, Punjab, India501-10001977Private
Kross S.A.Przasnysz, Masovian Voivodeship, Poland501-10001990Private
Asiabike Industrial LimitedPanadura, Western, Sri Lanka501-10001994Private
Summit BicyclesBurlingame, California, United States (USA)51-2001922Private
Vesco CyclesLudhiana, Punjab, India11-501970Private
Swytch TechnologyLondon, England, United Kingdom (UK)11-502017Private Equity
AnodParis, Île-De-France, France1-102022Private
LumalaSri Lanka201-5001975Private
Oggi BikesSao Paulo, Sao Paulo, Brazil201-5002014Private
Corvo Cycles LtdChattogram, Chittagong, Bangladesh201-5002012Private
Bicycles QuilicotMascouche, Quebec, Canada51-2001915Private


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