Is Rad Power Bikes powering down?
If you purchasd or rode an e-bike in the last 10 years, there’s a good chance it was a Rad Power Bike.
The company, based in Seattle, was one of the first to popularize e-bikes with the general public, and grew to be the largest electric bike company in North America.
But now, the company is on the brink of collapse. A spokesperson told Geekwire last week that Rad faces potential closure as early as January due to “significant financial challenges.”
After virtually building the e-bike industry, and seeing demand quadruple during the pandemic, what went wrong for Rad Power Bikes?
And can they recover?
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GUEST:
- Geekwire editor Taylor Soper
RELATED LINKS:
- The rise and fall of Rad Power Bikes: From breakout success to the brink of shutdown - Geekwire
- Rad Power Bikes faces possible shutdown as it tries to survive ‘significant financial challenges’ - Geekwire
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Libby Denkmann
Host, Soundside
Libby Denkmann joined KUOW in December 2021 as the host of the midday show Soundside. She’s a native Pacific Northwesterner who grew up in Redmond, graduated from the University of Washington, and covered local news as a producer and reporter with KIRO Radio.
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Sarah Leibovitz
Supervising Producer, Soundside
Sarah joined KUOW in 2019 as senior producer on The Record. She is now Supervising KUOW’s new noon time show, Soundside. Prior to working at KUOW, Sarah was lead producer at the Seattle podcast production company Larj Media, and a teaching artist with Path with Art.
More stories from Sarah Leibovitz »
