Stromer solidifies foothold in speed pedelec market as European sales grow

OBERWANGEN, Switzerland - myStromer AG enjoyed clear business growth in 2020 with continued market share increases for its speed pedelecs, particularly in the Netherlands. There, the market share grew by 19%. Besides a year-on-year revenue increase, further successes for the company include the opening of a Stromer Europe subsidiary in the Netherlands and the launch of next generation products.