Nicole Morgan+FollowRad Power Bikes’ Wild Ride: From $1.65B to $13MRad Power Bikes just got scooped up for $13.2 million after filing for bankruptcy—yep, that’s 99% less than its $1.65 billion peak value during the pandemic bike boom. The new owner, Life EV, is promising an “exciting future” for the brand, but the deal’s still waiting on court approval. If it falls through, there’s already a backup bidder lined up. Can Rad Power make a comeback, or is this the end of the road? #Cars #RadPowerBikes #ElectricBikes00Share
