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Rad Power Bikes is at risk of shutting down in January 2026 if it cannot secure new funding or an acquisition. The company’s leadership is actively seeking solutions to keep operations running, but the situation remains uncertain. A recent internal email revealed that a potential deal to save the company did not materialize, leaving employees in limbo. Despite ongoing efforts, the company may have to cease operations permanently, affecting all locations and employees. This situation highlights the broader struggles within the e-bike and micromobility industry, where many companies have faced similar challenges.
Key facts
- Rad Power Bikes may shut down in January 2026 if it fails to secure new funding or an acquisition.
- The company is actively seeking solutions to avoid closure, but the situation remains uncertain.
- A potential deal to save the company did not materialize, leaving employees in limbo.
- The company may have to cease operations permanently, affecting all locations and employees.
- Rad Power Bikes is part of a broader trend of financial struggles in the e-bike and micromobility industry.
