Rad Power Bikes Sold for 13.2 Million Dollars – What It Means for Riders in 2026
Rad Power Bikes, once North Americaβs most recognizable and widely sold electric bike brand, has agreed to sell its assets in a bankruptcy auction for approximately 13.2 million dollars to Life Electric Vehicles Holdings Inc. This follows Rad Powerβs Chapter 11 bankruptcy filing in December 2025, after the company faced declining demand, financial pressure, and…
