Rad Power Bikes, once the dominant force in North America’s direct-to-consumer e-bike boom, has officially found a new home.

Life Electric Vehicles completed the court-approved acquisition of Rad Power Bikes, the Florida-based e-mobility company said Thursday.Based in Deerfield Beach, Life EV agreed in December to acquire ...

Life EV has completed a court-approved acquisition of Rad Power Bikes, granting a second life to the troubled e-bike brand.

Life EV announced that its court-approved asset acquisition had been completed as part of Rad's bankruptcy process.

After half a decade of operations in Europe, Seattle-based Rad Power Bikes is closing down its EU operations this year. The company cited its intention to refocus on the North American market. The ...