Rad Power Bikes Files For Bankruptcy And Is Looking To Sell The Business

Rad Power Bikes bankruptcy filing signals deeper trouble for e-bikes as the company seeks a buyer and fights to stay operational.
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Rad Power Bikes Files For Bankruptcy And Is Looking To Sell The Business
Rad Power Bikes Bankruptcy: What Happened and Why It Matters Rad Power Bikes bankruptcy news raises urgent questions many readers are asking right now: Is the company shutting down, can customers still get support, and what does this mean for the e-bike market? The short answer is that Rad Power Bikes has filed for Chapter 11 protection while continuing operations and actively seeking a buyer. The filing allows the company to keep selling bikes and servicing customers during restructuring. According to the company, the goal is to preserve jobs, partnerships, and customer trust. This development follows months of financial strain and failed funding talks. It also highlights how quickly pandemic-era growth stories can unravel. For riders and investors alike, the situation signals a turning point for one of the most recognizable e-bike brands. Credit: Rebecca Bellan Chapter 11 Filing Keeps Rad Power Bikes Operating Rad Power Bikes filed for Chapter 11 bankruptcy protection on December 17, 20…