Life EV completes purchase of Rad Power Bikes.
The company trying to become a “leading vertically integrated electric mobility platform in North America” says it will “support Rad riders through post-closing customer programs, including honoring certain warranties and gift cards.” It also plans to transition production of Rad Power-branded e-bikes to the US using components sourced globally. [Link: Life EV Completes Rad Power Bikes Asset Acquisition | https://www.accessnewswire.com/newsroom/en/transportation/life-ev-completes-rad-power-bikes-asset-acquisition-1143646 | Life EV press release]
