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 ...
Rad Power Bikes, the brand known for popularizing e-bikes, has had a rocky few years defined by severe layoffs, three CEOs, ...
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 ...
A company called Life Electric Vehicle Holdings has emerged as the top bidder for Rad Power's assets. It's not clear what the ...
Rad Power Bikes has officially found a buyer. Just over a month after entering the bankruptcy process, the once-dominant ...
Life Electric Vehicles Holdings Inc. is expected to acquire Rad Power Bikes' assets for $13.2 million, outbidding four other companies during an auction for the e-bike brand that declared Chapter 11 ...
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 ...
Seattle-based Rad Power Bikes, a pioneer in mass-market e-bikes, filed for bankruptcy protection earlier this week as it continues to look for a buyer amid falling sales and massive debt. Court ...
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