Rad Power Bikes has a 4th round of layoffs

May 1, 2023

Rad Power Bikes has been one of the fastest-growing e-bike brands in the U.S. In October 2021, after it announced the latest $154 million financing round that brought the total of investments to $329 million since its inception, the company claimed it was the world’s best-funded e-bike brand in the direct-to-consumer market. Bicycle Retailer