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Rad Power Bikes Files for Chapter 11 Bankruptcy Facing $73 Million Debt and Mounting Challenges

Source link : https://cycling-info.com/rad-power-bikes-files-for-chapter-11-bankruptcy-facing-73-million-debt-and-mounting-challenges/

Rad Power Bikes has filed for Chapter 11 bankruptcy protection, burdened by $73 million in debt. The electric bike company is exploring a sale as it grapples with mounting financial pressures and shifts in consumer demand amidst a challenging market.

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Author : Samuel Brown

Publish date : 2025-12-21 20:41:00

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