Tag Archives: Rad Power Bikes

Rad Power Bikes to close UK and European operations

Rad Power Bikes is set to close its UK and EU operation at the end of this year to focus on the American market. In a statement released on its website titled “we are sad to say goodbye”, the company’s CEO Phil Molyneux detailed how an in-depth business evaluation made …

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Rad Power Bikes announces $154 million in funding

Rad Power Bikes has announced $154 million in funding from existing investors to supercharge its global efforts to get more people out of cars and onto e-bikes. This round is led by Fidelity Management and Research Company LLC, with investments from funds and accounts advised by T. Rowe Price Associates, …

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Rad Power Bikes ‘reimagines transportation’ with RadCity 5 Plus

Rad Power Bikes has unveiled the RadCity 5 Plus, the next generation of its commuter e-bike. “E-bikes represent a clear solution for the precarious condition of our planet,” said Mike Radenbaugh, founder and CEO of Rad Power Bikes. “Our European counterparts have already made e-bikes an integral part of their …

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Rad Power Bikes ushers in ‘new era for mobility’ with $150 million investment

Rad Power Bikes has announced a minority investment of $150 million. The investment is from Counterpoint Global (Morgan Stanley), Fidelity Management and Research Company, The Rise Fund, the global impact investing platform managed by TPG, and funds and accounts advised by T. Rowe Price Associates. Existing investors Durable Capital Partners …

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Rad Power Bikes unveils new RadMission e-bike

Rad Power Bikes has unveiled its lowest-priced model yet, the RadMission. The single-speed e-bike is built for commuting with lightweight and streamlined components, including a high-torque 250W motor (500W in the uS) and an all-new battery pack that’s smaller than Rad Power Bikes’ existing version but still achieves the same …

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Rad Power unveils new e-cargo bike

Rad Power Bikes has unveiled the latest iteration of its RadWagon e-cargo bike. The RadWagon 4 is said to offer enhanced strength stability and versatility, “setting a new standard” for what can be expected in an e-cargo bike. The new build went through a comprehensive redesign with the idea of …

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