The Rad Power brand is expected to live on.
Rad Power Bikes, once the dominant force in North America’s direct-to-consumer e-bike boom, has officially found a new home.
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.
Life EV announced that its court-approved asset acquisition had been completed as part of Rad's bankruptcy process.
Life EV has completed a court-approved acquisition of Rad Power Bikes, granting a second life to the troubled e-bike brand.
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Federal regulators say a bolt defect could cause the rear wheel to detach.
Since the ban started, class 2 and 3 e-bikes have disappeared from elementary and middle school campuses.
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