Rad Power Bikes reaches deal to sell itself for $13.2 million

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Electric bike company Rad Power Bikes has reached a deal to sell itself to a company called Life Electric Vehicles Holdings (or Life EV) for around $13.2 million, a little more than a month after entering the bankruptcy process . Florida-based Life EV bills itself as a “developer, manufacturer, and distributor in the light electric vehicle industry.” It offers a number of electric bikes for sale on its website, although most of them were labeled as “sold out” at the time this article was

Rad Power Bikes reaches deal to sell itself for $13.2 million https://techcrunch.com - 26.01.2026 11:56

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Rad Power Bikes reaches deal to sell itself for $13.2 million https://techcrunch.com - 26.01.2026 11:56