Angelina "Angy" Smith, who has been chief financial officer at the company since April, assumed the leadership position ...
The situation underscores the financial strain facing Rad and the broader e-bike industry after rapid growth during the COVID-19 pandemic gave way to slowing demand, rising costs and lingering trade ...
Rad Bikes, once a leading electric bicycle brand in the US, has filed for Chapter 11 bankruptcy following safety concerns over its lithium-ion batteries.
It’s a stunning fall for the once leading e-bike brand in the US. It’s a stunning fall for the once leading e-bike brand in the US. is transportation editor with 10+ years of experience who covers EVs ...
Electric bike company Rad Power Bikes filed for Chapter 11 bankruptcy protection on Monday, weeks after it warned employees that it could shut down without new funding. The company will continue to ...
They’re very different companies — selling Roombas, lidar, and e-bikes, respectively — but as Sean O’Kane, Rebecca Bellan, ...
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.
Rad Power Bikes, which once claimed to be the most funded electric bike company in the world, filed for Chapter 11 bankruptcy protection on Monday as it seeks to sell off the company. The bankruptcy, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The company is facing a ...
Rad Power Bikes filed for bankruptcy protection on Monday, December 15 ahead of selling itself. It also appointed former CFO Angelina Smith as its fourth CEO since 2022. Rad Power is considered the ...
The company filed Chapter 11 bankruptcy in the U.S. Bankruptcy Court in the Eastern District of Washington earlier this week, revealing mounting debt ahead of an anticipated sale.