Life EV has completed a court-approved acquisition of Rad Power Bikes, granting a second life to the troubled e-bike brand.
The Rad Power brand is expected to live on.
Robert Provost, CEO of South Florida-based Life Electric Vehicles Holdings, Inc., laid out an ambitious roadmap to overhaul and energize the new company, Rad Life Mobility.
Rad Power Bikes, once the dominant force in North America’s direct-to-consumer e-bike boom, has officially found a new home.
Life Electric Vehicles completed the court-approved acquisition of Rad Power Bikes, the Florida-based e-mobility company said ...
Life EV announced that its court-approved asset acquisition had been completed as part of Rad's bankruptcy process.
Rad Power Bikes, once valued at $1.65 billion, will see its brand live on as its new owner looks to onshore production.
Rad Power Bikes Founder and Chairman Mike Radenbaugh has spent 17 years as a leader in the e-bike industry. Over that time, he’s learned to listen to riders, continually innovate to meet their needs, ...
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