Life EV officially owns Rad Power Bikes now
Rad Power Bikes, the once-celebrated e-bike pioneer that captivated investors and urban commuters alike, has officially found a new owner after filing for bankruptcy in December 2024. Life Electric Vehicles Holdings, Inc. (Life EV), a Florida-based electric mobility company, has acquired the brand’s intellectual property, inventory, and select operating assets for $13.2 million. This move […]
