Rad Power Bikes has officially found a buyer. Just over a month after entering the bankruptcy process, the once-dominant ...
Cycling Weekly on MSN
'There is an exciting future being planned' – Rad Power Bikes sold for $13.2 million after bankruptcy
Life EV’s purchase of the company is around 99% lower than that its peak valuation ...
Electric Bike Explorer on MSN
Rad Power Bikes sold for 13.2 million dollars - what it means for riders in 2026
Rad Power Bikes, once North America’s most recognizable and widely sold electric bike brand, has agreed to sell its assets in a bankruptcy auction for approximately 13.2 million dollars to Life ...
Rad Power Bikes has filed for Chapter 11 bankruptcy protection, marking a dramatic turn for one of the most recognizable names in the US electric bike industry. The Seattle-based company entered ...
The batteries that power Rad Power Bikes’ e-bikes “pose a risk of serious injury and death” and owners should stop using them, according to the U.S. Consumer Product Safety Commission. The warning, ...
The Seattle-based electronic bicycle company, Rad Power Bikes, faces a potential closure as the company submitted a preemptive Worker Adjustment and Retraining Notification (WARN) on Friday to lay off ...
Electric bike company Rad Power Bikes filed for Chapter 11 bankruptcy protection on Monday, weeks after it warned employees that it could shut down without new funding. The company will continue to ...
Some batteries that power a popular brand of e-bike pose a fire hazard that can cause serious injury or death and shouldn't be used, the Consumer Product Safety Commission (CPSC) said in a notice ...
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