Electric bike
OTTOBRUNN, Germany (BRAIN) — Citing "fundamentally changed market conditions for e‑bike drive systems," Porsche AG announced Friday it is closing its e-bike subsidiary Porsche eBike Performance GmbH.
MORGAN HILL, Calif. (BRAIN) — Specialized Bicycle Components told its U.S. and Canada retailers Tuesday it is permanently lowering prices on its entire Turbo Levo e-bike lineup, with MSRP reductions from 6% to 27% and wholesale pricing drops of 3% to 27%.
NASHVILLE, Tenn. (BRAIN) — Light Electric Vehicles Manufacturing, part of the Life EV Group that acquired Rad Power Bikes in March, purchased a 100,000-square-foot facility in Algood that will serve as the assembly, distribution, and eventually the manufacturing center for the brand.
HONOLULU (BRAIN) — New Jersey's passage of a bill requiring license, registration, and insurance for low-speed e-bikes and high-speed e-motos raised concern among the industry that other states would follow.
SANTA ANA, Calif. (BRAIN) — A mother has been charged with felony child endangerment after her 14-year-old son riding an e-moto critically injured an 81-year-old Vietnam veteran. It's the latest arrest of a parent in California for allowing access to an e-moto that resulted in a crash.
OAKLAND, Calif. (BRAIN) — The state attorney general and three district attorneys issued a joint consumer alert about e-motos and the difference between them and low-speed e-bikes.
MARTINEZ, Calif. (BRAIN) — Prosecutors in California have charged a mother and father with child abuse after their child crashed into a vehicle in Walnut Creek on their e-moto and was seriously injured.
FORT LAUDERDALE, Fla. (BRAIN) — Life Electric Vehicles CEO Rob Provost has high expectations for Rad Power Bikes after officially acquiring the beleaguered brand for $13.3 million March 5. And he's looking farther ahead.
WASHINGTON (BRAIN) — Two industry research groups have shared estimates of the number of e-bikes the U.S.
SEATTLE (BRAIN) — Life Electric Vehicles completed the court-approved acquisition of Rad Power Bikes, the Florida-based e-mobility company said Thursday.
SACRAMENTO (BRAIN) — A bill introduced last week in California would better differentiate e-bikes from high-powered e-motos and mopeds in response to safety concerns in the state. Introduced by Sen. Catherine Blakespear, SB 1167 aims to regulate higher-powered devices according to speed, power, and intended use.
SEATTLE (BRAIN) — Amazon and UL are suing five e-bike and e-scooter companies, alleging they improperly labeled products with UL trademarks.
SEATTLE (BRAIN) — Life Electric Vehicles Holdings Inc. is expected to acquire Rad Power Bikes' assets for $13.2 million, outbidding four other companies during an auction for the e-bike brand that declared Chapter 11 bankruptcy protection last month.
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