Rad Power Bikes has officially found a buyer. Just over a month after entering the bankruptcy process, the once-dominant ...
10don 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 ...
Rad Power Bikes, the brand known for popularizing e-bikes, has had a rocky few years defined by severe layoffs, three CEOs, ...
A company called Life Electric Vehicle Holdings has emerged as the top bidder for Rad Power's assets. It's not clear what the ...
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 ...
Seattle’s Rad Power Bikes, the largest e-bike brand in North America, sold 297% more bikes in April 2020 than in April 2019.
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 ...
As riders prioritize eco-friendly transportation and look for new ways to explore, electric bikes have surged in popularity — but they’ve had some reputation issues in the past. Luckily, one e-bike ...
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