Rad Power Bikes filed for Chapter 11 bankruptcy protection Monday in advance of completing a sale of the company and less than a month after it said it could not afford a recall on some of its older ...
Angelina "Angy" Smith, who has been chief financial officer at the company since April, assumed the leadership position ...
Seattle-based Rad Power Bikes, a pioneer in mass-market e-bikes, filed for bankruptcy protection earlier this week as it continues to look for a buyer amid falling sales and massive debt.
“E-bikes are the Wild West. It’ll all get sorted out eventually, but there will be a lot of heartbreak in the process.” – Andrew Schnell, The eBike Store My roommate and friend Dagny Daniel was in the ...
The filing revealed new details of the privately held company's ownership structure and financial predicament — including a steady decline in revenue, and liabilities more than double its assets.
Ballard-based Rad Power Bikes has filed for Chapter 11 bankruptcy protection while pursuing a potential sale of the company.
Some batteries that power a popular brand of e-bike pose a fire hazard that can cause serious injury or death and shouldn't be used, the Consumer Product Safety Commission (CPSC) said in a notice ...
Rad Power Bikes is one of the biggest names in e-bikes in the US, creating some of the most popular bikes in the country at relatively affordable prices for electrified two-wheelers. After releasing ...
E-Bikes have been getting increasingly popular in recent years, with more people looking to reduce their car use, often supported by government incentives to reduce congestion and pollution in major ...