OBERWANGEN, Switzerland - Yamaha was the first e-bike brand this month which announced it was pulling out of the US market due to oversupply and slow demand. It turns out that the Japanese are not the only one. myStromer AG also announced it will discontinue its business in the US and Canada with immediate effect.

OBERWANGEN, Switzerland - After 11 years at Stromer, co-CEO Tomi Viiala has decided to step back from the operational business and leave the company. The reason given is to "spend more time with his family, who live in Finland." Viiala will remain a shareholder of Stromer.

OBERWANGEN, Switzerland - The confiscation of all e-bikes at the Opium brand stand caused a big noise at Eurobike last year. The reason was the patent lawsuit brought by myStromer AG against the Opium brand owner Revolt Zycling AG. The Federal Patent Court recently ruled in favour of Stromer. However, the defendant did not wait for this decision, but has already brought a modified design onto the market.

OBERWANGEN, Switzerland - Despite overall stagnant or declining markets in Europe, myStromer AG, parent company of premium e-bike brands Stromer and Desiknio, bucked the general trend and continue to expand its market shares in the Netherlands and Belgium. In the challenging e-bike market in the US, the company achieved double-digit (consolidated) growth.

OBERWANGEN, Switzerland - To reduce the carbon footprint of the Stromer ST5, the e-bike manufacturer developed a special fender material in cooperation with Lehvoss group. Instead of sourcing in Asia, the Stromer fenders will be produced by Isoco in Saalfeld, Germany.

OBERWANGEN, Switzerland - To step up its digital experience and expand in the area of connectivity, speed pedelec manufacturer Stromer has opened a new digital unit in Romania. According to Stromer, the Romanian office will complement the development team at the company's head office in Switzerland.