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 ...
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, ...
Rad Power Bikes is under fire after a federal watchdog urged consumers yesterday to stop using two kinds of lithium-ion batteries found in its e-bikes. The Seattle-based bike brand denies excess ...
Rad Power Bikes has officially found a buyer. Just over a month after entering the bankruptcy process, the once-dominant ...
9don MSN
Rad Power Bikes sells for $13.2M as asset auction attracts bidders for bankrupt e-bike maker
South Florida-based Life Electric Vehicles was the winning bidder, and subject to court approval, will acquire all Rad ...
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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