Life EV has completed a court-approved acquisition of Rad Power Bikes, granting a second life to the troubled e-bike brand.
Rad Power Bikes’ new ownership says the brand is about to be reborn after being bought out of bankruptcy – and part of that rebirth includes building e-bikes in the United States.
Rad Power Bikes, once the dominant force in North America’s direct-to-consumer e-bike boom, has officially found a new home.
Life EV announced that its court-approved asset acquisition had been completed as part of Rad's bankruptcy process.
Life Electric Vehicles completed the court-approved acquisition of Rad Power Bikes, the Florida-based e-mobility company said Thursday.Based in Deerfield Beach, Life EV agreed in December to acquire ...
The Rad Power brand is expected to live on.
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