The situation underscores the financial strain facing Rad and the broader e-bike industry after rapid growth during the COVID ...
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.
What happened to Rad Power Bikes? That’s the question on many minds in Seattle and beyond after the startup revealed Monday it is facing a potential shutdown due to “significant financial challenges.” ...
Rad Power Bikes saw its pandemic-era growth spurt blunted by import duties, overproduction and slowing demand. Now a spate of battery fires adds to its challenges.
Rad Power Bikes is the largest electric bicycle brand in the United States and specializes in offering high value, low cost e-bikes designed for recreational riders and commuters. Rad Power Bikes has ...