Who is the new owner of Rad Power Bikes?
Acquisition. On January 22, 2026, an auction involving 5 other entities for the sale of Rad Power Bikes concluded with Life Electric Vehicles Holdings Inc, doing business as Life EV Group as the winner, with a bid of $13,276,102. Rad Power Bikes Lawsuit Filed After 12-Year-Old Dies In August 2022, a wrongful death lawsuit was filed by the parents of Molly Steinsapir, a 12-year-old girl who died while riding on a RadPower e-bike that was manufactured by Rad Power Bikes Inc. Your browser can’t play this video. An error occurred.SEATTLE (BRAIN) — Rad Power Bikes filed for Chapter 11 bankruptcy protection Monday in advance of completing a sale of the company and less than a month after it said it could not afford a recall on some of its older lithium-ion batteries that the Consumer Product Safety Commission deemed unsafe.
How many years does a rad power bike battery last?
A rider who drains a full battery and recharges it back to full every day, seven days a week, will see about 2. If you’re considering an electric bike, one of the most important questions to ask is: How long does an e-bike last? While the lifespan of an e-bike varies, a good-quality, well-maintained ebike can typically last 5 to 10 years, sometimes even longer.Battery: 2-year Limited Warranty from Warranty Begin Date or up to 300 recharge cycles (approximately 6,000 miles of riding). Proper Battery care and charging should result in up to 75% of original capacity remaining during this timeframe.Quality electric bikes last 5-10 years or 20,000-40,000 miles with proper care. Your battery (3-5 years, 500-1,000 cycles) will likely need replacement before the bike itself. Real users report 5,000+ miles with minimal degradation on quality batteries, and frames and motors often outlast multiple battery replacements.Average Costs The average price to buy an electric bike is between $600 and $2,500. There are also many eBike models that are much more expensive than $1,000, with some costing as much as $8,000. The typical eBike rider will pay around $1,500 for their ride.
Why are rad power bikes going out of business?
SEATTLE (BRAIN) — Rad Power Bikes filed for Chapter 11 bankruptcy protection Monday in advance of completing a sale of the company and less than a month after it said it could not afford a recall on some of its older lithium-ion batteries that the Consumer Product Safety Commission deemed unsafe. Certain e-bike batteries from Rad Power Bikes pose a serious risk of injury and death from fires, and consumers should stop using them immediately. That’s according to a safety warning issued this week by the Consumer Product Safety Commission. The lithium-ion batteries have model numbers RP-1304 and HL-RP-S1304.WASHINGTON, D. C. The U. S. Consumer Product Safety Commission (CPSC) is warning consumers to immediately stop using lithium-ion batteries for Rad Power Bikes e-bikes, model numbers RP-1304, RAD-S1304Y, and HL-RP-S1304, because the batteries pose a risk of serious injury and death.Although Rad Power Bikes didn’t issue a voluntary recall, the CPSC warns consumers to stop using the batteries. The problem: The CPSC says these two battery models may create a fire hazard by unexpectedly igniting and exploding, especially when the battery or the harness has been exposed to water and debris.
What is the lifespan of an ebike?
With proper care and maintenance, your electric bike can last anywhere from 3 to 10 years. The lifespan will vary based on the quality of the components, usage patterns, and how well you maintain your bike. This depends on several factors, including how frequently an owner discharges and recharges the battery. A battery with these specifications will average about 5 years of Rad riding!