Electric bike
SEATTLE (BRAIN) — Rad Power Bikes has a new CEO as it trims its executive roster during the Chapter 11 bankruptcy proceedings, according to a brand spokesperson.
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.
WASHINGTON (BRAIN) — Trek is recalling about 700 Domane+ and Checkpoint+ e-bike models because the chainring bolts can loosen, posing a fall and crash hazard.
BOLOGNA, Italy (BRAIN) — Ducati will offer a new range of road, gravel, and e-MTB models in the spring in collaboration with Italian holding company Gruppo Zecchetto and input from three professional Italian cyclists.
WASHINGTON (BRAIN) — The Consumer Product Safety Commission issued a warning to stop using some Rad Power Bikes models because the lithium-ion battery can unexpectedly ignite and explode, especially when the battery or harness has been exposed to water and debris.
(BRAIN) — E-bike retailer and brand Pedego has a new owner: the U.S.-based ownership group behind Urtopia, a start-up e-bike brand that offers high-tech carbon fiber and connected e-bikes.
NEW YORK (BRAIN) — Refurbished e-bike seller Upway closed a $60 million Series C funding round last week led by an investment by Copenhagen's A.P. Moller Holding. The company said it is looking for U.S. growth and plans to open used e-bike refurbishment centers in Denver and other U.S. cities.
SEATTLE (BRAIN) — A Washington state man is suing Specialized Bicycle Components after suffering injuries following a crash on a Turbo Levo e-MTB he said was caused by a known motor defect.
UTICA, N.Y. — In a time of tariffs, July’s announcement that eBliss Global will open an e-bike factory in this upstate city garnered considerable mainstream media attention.
BENTONVILLE, Ark. (BRAIN) — Claudia Wasko, the longtime leader of Bosch’s e-bike motor program in the Americas and a pioneer in the U.S. e-bike market, is retiring from the German company.
COSTA MESA, Calif. (BRAIN) — Electric Bicycle Co., which assembled and painted custom e-bikes at its California facility, filed for Chapter 7 bankruptcy liquidation last week, listing total liabilities of $6.1 million, including secured claims of $960,000, and assets of $953,000.
BETHESDA, Md. (BRAIN) — President Trump nominated William "Billy" Hewes III to the Consumer Product Safety Commission, replacing Douglas Dziak who recently resigned.
WAUWATOSA, Wis. (BRAIN) — An auction of the remaining assets of an e-bike and e-motorcycle brand founded by motorcycle innovator Erik Buell raised about $170,000, which will make a small dent in the nearly $7 million the company owed to secured and unsecured creditors.
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