The Spanish brand announced a first round of price increases on February 15 last year and they’ve now followed that up with another price update today. Like most brands currently involved in bicycle and component production, Orbea is battling rising raw material prices, rising shipping costs and a tight supply chain that is making it harder to do business. effectively.
What does this mean for Orbea customers? We’ve selected the following examples of bikes released last year: the Rise Hydro H10 went from $7,299 at launch to $7,999, the Occam LT M10 from $6,299 to $6,899, and the Occam LT H20 from $3,659 to $3,999. The rest of the price increases outside of these examples can be viewed on Orbea’s website.
The full reasoning for the price increases is below:
We doubt Orbea is the only brand to raise prices this year, as the entire industry faces the same challenges. We’ll keep you posted with more announcements from all the brands that make them.