Life EV’s purchase of the company is around 99% lower than that its peak valuation ...
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 ...
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 ...