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Rad Power Bikes faces possible shutdown as it tries to survive ‘significant financial challenges’
A potential closure, detailed in a required state filing, would spell the end of the company and mark a stunning collapse for ...
Seattle-based Rad Power Bikes, former darling of the booming e-bike market, warned it could shut down amid slowing sales and the hangover of too-rapid growth during the pandemic.
In a statement, a spokesperson explained Rad Power Bikes "may be forced to cease operations" as early as January 2026.
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