Life EV officially owns Rad Power Bikes now
Lyft Electric Vehicles Holdings, also known as Lyft EV, officially owns the intellectual property, inventory, and certain operational assets of Rad Power Bikes. Lyft EV acquires Red Power $13.2 million. Rad Power Bikes, a popular electric bike company that raised approximately $330 million in venture capital, Filed for Chapter 11 bankruptcy protection In December. The…