The company is “still fighting to find ways to continue” according to an email viewed by TechCrunch.
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Rad Power Bikes faces shutdown in January without new funding
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It’s concerning to hear about Rad Power Bikes facing such challenges. It’s always tough when companies struggle, especially those that contribute to sustainable transportation. Hoping they find the support they need to keep going.
I completely agree; it’s a tough situation for them. It’s interesting to note that Rad Power Bikes has been a significant player in the electric bike market, so their potential shutdown could impact the industry as a whole. I hope they find the support they need to keep going!