RAD Power Bikes Going Bust

[PedalUma]

And are the batteries actually at fault or were the ones that caught fire the result of owner abuse? I'm thinking the latter or there would be a lot more of them.

The RAD I am looking at right now has a five pin discharge in the shape of an 'M'. If it was two pin then replacing the battery would be easy, off the shelf. I do not know what the others do or if they are really needed. It looks like three volts, so one red, one black, and a third control or monitoring signal. This is not one of the bad batteries.

 

[gromike]

Here's an article going around the web at the moment, Rad is prominently featured in it:
How tariffs hit the brakes on America’s booming e-bike industry .

I think most of us already know all of this, but I thought to just add it to this discussion.

 

[Rás Cnoic]

Here's an article going around the web at the moment, Rad is prominently featured in it:
How tariffs hit the brakes on America’s booming e-bike industry .

I think most of us already know all of this, but I thought to just add it to this discussion.

Nice. Might be good to add this to the "Importing from North America Has Become Tough" thread. It's all kicking off politically over there. Great fun. I reckon you rolling in this little hand grenade should get the party to the next level.

 

[ChezCheese:)]

"Seattle-based Rad Power Bikes, a pioneer in mass-market e-bikes, filed for bankruptcy protection earlier this week as it continues to look for a buyer amid falling sales and massive debt.

Court documents show the 18-year-old company owes nearly $73 million to dozens of creditors, including the federal agency that collects tariffs, but has only $32 million in assets.

The Chapter 11 bankruptcy, filed in U.S. Bankruptcy Court in Spokane, allows Rad Power Bikes to remain in business as it reorganizes operations and sells itself, which it hopes to do in the next two months, the company said in an emailed statement Wednesday... "

https://www.seattletimes.com/business/local-business/seattle-e-bike-pioneer-rad-power-bikes-files-bankruptcy-owes-73-million/