Brief
Life EV completes acquisition of Rad Power Bikes
Life EV has officially acquired Rad Power Bikes, marking a major shift in the electric bicycle market as the new owner plans to expand global e-bike growth and innovation.
3 articles
Life EV has officially acquired Rad Power Bikes, marking a major shift in the electric bicycle market as the new owner plans to expand global e-bike growth and innovation.
Rad Power Bikes has agreed to sell itself to Life Electric Vehicles Holdings for $13.2 million, just weeks after entering bankruptcy proceedings.
Rad Power Bikes has filed for Chapter 11 bankruptcy protection and is seeking to sell the business within 45-60 days. The company is struggling with financial challenges, including…
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