Novatec Showcase Latest Innovations

March 31 2021

Taiwan Excellence has announced six Taiwan Excellence Award winners from the cycling industry, who will showcase their most innovative products on 25 March through Taiwan Excellence’s Youtube Channel. The event will be jointly organised by TAITRA, Taiwan’s leading trade promotion organization, and Taiwan’s Bureau of Foreign Trade, Ministry of Economic Affairs.
Novatec, one of the top 5 bicycle hub suppliers in the world, presented their G24 - Carbon Fiber Wheelset for gravel bikes, the first ever carbon fiber gravel wheelset coming with hookless and tubeless ready design. Jeff Chen, chief marketing officer of the Joy Group explained that the cassette body is convertible with the SHIMANO HG, SHIMANO 11 SPEED, SRAM XDR and CAMPAGNOLO 13S systems; and the weight of G24 is just 1575 grams per set. In addition to G24, Jeff also introduced the M30 - Carbon Fiber MTB Wheelset, the first carbon fiber MTB wheelset for Enduro and all mountain bikes.

For identifying growth opportunities in the global Carbon Fiber Market, please visit

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti