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Rad Power Bikes sells for $13.2M as asset auction attracts bidders for bankrupt e-bike maker
South Florida-based Life Electric Vehicles was the winning bidder, and subject to court approval, will acquire all Rad ...
Life Electric Vehicles Holdings Inc. is expected to acquire Rad Power Bikes' assets for $13.2 million, outbidding four other companies during an auction for the e-bike brand that declared Chapter 11 ...
The sales marks a dramatic fall for the electric bicycle maker, which raised more than $300 million in 2021 at a valuation of ...
SEATTLE – Ask any bike advocate how to fix any problem, and the answer comes quickly: more bikes. When it comes to freeing up Seattle’s valuable curb space, chipping away at its entrenched congestion ...
City officials promoted a dramatic change to Seattle’s controversial bike-share program Wednesday, in hopes of creating positive buzz as the city council considers what to do with it. The change: ...
Uber is launching its JUMP bikeshare service in Seattle, rolling out 300 electric-assist bicycles to start. The company will continue to ramp up the number of red JUMP bikes on Seattle streets in the ...
(TNS) — Ask any bike advocate how to fix any problem, and the answer comes quickly: more bikes. When it comes to freeing up Seattle's valuable curb space, chipping away at its entrenched congestion ...
SEATTLE - A Seattle company may soon begin laying off employees. Rad Power Bikes previously made a splash in the pandemic-era electric bike boom in Washington and across the country. Just this year, a ...
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Rad Power Bikes files for bankruptcy protection as Seattle e-bike maker pursues potential sale
Rad Power Bikes filed for Chapter 11 bankruptcy protection even as the Seattle-based company said it’s working toward a sale to keep the popular electric bike brand alive. In a bankruptcy petition, ...
Bikeshare company Lime is pressuring to the City of Seattle to allow electric scooters. The company, which currently operates floating bikeshare in the city, sent an email to users this week ...
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