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--- transportation:rad [2025/12/18 02:08] – [Bankruptcy 2025] timb
+++ transportation:rad [2025/12/18 02:10] (current) – [Bankruptcy 2025] timb
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 https://techcrunch.com/2025/12/17/rad-power-bikes-files-for-bankruptcy-and-is-looking-to-sell-the-business/
+== Rad Power Bikes files for bankruptcy and is looking to sell the business ==
+Sean O'Kane - Wed, December 17, 2025 at 9:28 AM PST
+Electric bike company Rad Power Bikes filed for Chapter 11 bankruptcy protection on Monday, weeks after it warned employees that it could shut down without new funding.
+The company will continue to operate while the bankruptcy case proceeds, and it’s looking to sell the business within 45-60 days, a spokesperson told TechCrunch.
+“This step allows us to keep operating in the ordinary course of business while we pursue the best possible outcome for the people who rely on Rad every day,” they said in a statement. “Our goal is to keep the company intact and preserve the relationships we have built with riders, vendors, suppliers, and partners.”
+Rad Power is the latest in a series of e-bike companies from around the world to go through bankruptcy after pandemic-era excitement for the category wore off. Some of those companies have re-emerged, though, with VanMoof and Cake finding new owners during their respective court-led restructuring processes.
+https://finance.yahoo.com/news/rad-power-bikes-files-bankruptcy-172850412.html