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Rad Power Bikes confirmed another round of layoffs in July 2024, but did not disclose how many people lost their jobs or which teams were affected. The company said rising costs and economic headwinds made the cuts necessary to support the business’s long-term sustainability. Since then, Rad’s former company entered bankruptcy and certain assets were acquired by Life EV; the Rad brand continues under new ownership.
Why did Rad Power Bikes make more layoffs in July 2024?
In an emailed statement reported by GeekWire on August 5, 2024, a Rad Power Bikes spokesperson said: “Last month, Rad Power Bikes made the difficult decision to reduce our team’s size so we can ensure the brand’s longevity, continue on our mission, and serve our rider community.” The spokesperson also cited rising costs and economic headwinds, describing the reduction as necessary for the business’s long-term sustainability. Those were the company’s stated reasons, not an independently established accounting of every factor behind the decision. GeekWire’s August 2024 report
The company did not say how many positions were eliminated or identify affected departments. TechCrunch sources, as summarized by GeekWire, said the cuts mostly affected product-development teams; that was sourced reporting, not a department breakdown confirmed by Rad.
How many rounds of layoffs had Rad announced by then?
GeekWire called the July 2024 reduction the sixth round of cuts since 2021. That count belongs to the timeline covered by its August 2024 report, not to Rad’s entire later history. The report cited 100 positions cut in April 2021 and 63 in July 2022, followed by rounds in December 2022, April 2023, and July 2023. It did not provide a headcount for the July 2024 cuts.
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- Perfect Rad Power Ebike Compatibility Designed as a seamless Rad Power Ebike Battery 48V 672W replacement, this high-capacity external battery pack is fully compatible with RadExpand 5, RadWagon, RadRunner 2, and other 48V models. Compatibility Notice: This power-only Hailong battery does NOT support Rad e-bike controller firmware v1.4.0 and above
- Extended Range & High-Efficiency Power With a 48V 14Ah (672Wh) capacity, this battery delivers 55-200km per charge (depending on terrain, rider weight, and assist mode). Ideal for long commutes or adventurous rides, it outperforms stock batteries with superior energy density and ≥80% capacity retention after 800 cycles.
- Smart BMS & Rugged Safety Design Equipped with a 30A BMS, this battery features overcharge/short-circuit/temperature protection and a waterproof casing for all-weather durability. The anti-theft lock and LED power indicator add security and convenience
- Plug-and-Play Installation Includes a pre-installed battery base and XT-60 connectors for effortless installation on Rad Power bikes. Just unlock, slide in, and ride—no complex wiring needed. The compact size (380 * 89* 95 mm/ 14.96 * 3.5* 3.73 inches) fits most frames, making it a versatile external battery pack for upgrades.
- 12-Month Warranty & Reliable Support Backed by an 12-month cell warranty and 30-day returns, this battery uses automotive-grade A cells for long-term reliability. faster charging (7 hours) and supports motors up to 1200W—perfect for boosting your Rad Power bike’s speed and torque.
The layoffs came after a period of rapid growth: GeekWire reported that Rad began direct-to-consumer online e-bike sales in 2015, raised $304 million in 2021, and reached a reported $1.65 billion valuation in October 2021, citing PitchBook for the valuation. These figures describe the company’s earlier expansion; they do not establish the cause of the 2024 cuts.
What happened to Rad Power Bikes after the 2024 layoffs?
Rad disclosed serious financial difficulties in November 2025 and filed a Washington WARN notice concerning a possible cessation of operations. GeekWire described the notice as precautionary at the time. The company filed for Chapter 11 bankruptcy in December 2025. In its 2026 coverage, GeekWire reported gross revenue listed in the bankruptcy filing of $129.8 million in 2023, $103.8 million in 2024, and $63.3 million toward the end of 2025; those are filing figures reported by GeekWire, not a forecast or a current revenue measure. GeekWire’s 2026 account of the acquisition
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- Meet Wide Scenario Needs: Ebike replacement battery is suitable for rad power 250-1000W Bafang, etc general motor. Important note for Rad Power Bike users: This battery lacks CAN-BUS communication. OTA firmware v1.4.0+ will be released upon Bluetooth connection with the official Rad App. If you plan to download the Rad App and pair your bike, we do not recommend this battery due to potential incompatibility after firmware updates.
- Basic Parameters: hailong ebike battery model : 48V14Ah e bike battery, maximum constant discharge current: 30 A. Size: 14.96in * 3.5 * 3.74inch. Suitable for 48V general motors and bicycles. Discharge connector: XT60,Applicable for Adult Electric Mountain bikes, Fat Tire Electric Bikes, Snow Beach Mountain Ebikes, City Commuter Electric bicycles, etc
- BMS intelligent protection:Each ebike lithium battery are made of waterproof ABS material and Class A quality cells. Built-in 30A BMS chip, can provide battery overvoltage protection, overcharge protection, backcharge protection, Charge cycle exceeds 1000 times, life expectancy of up to 5 years
- Multifunctional Detail Design: Our electric bicycle battery packs has a power indicator function. The LED power indicator on the body can remind you to charge on time. and a safety lock function to prevent theft. Easy to install, no need to worry about Ebike 48v battery replacement process
- Fast Charging & Complete Package: . The package contains everything you need: 1 x 48V14Ah lithium battery, 1 x 2-pin connector cable, 2 keys, and 1 base. Ready to use right out of the box!
A January 2026 asset auction produced a $13.2 million winning bid from Life EV. The court-approved acquisition of certain Rad assets closed on February 27, 2026. It was an asset transaction, not a continuation of the former company on unchanged terms. In March 2026, Life EV CEO Robert Provost called it “not a continuation of Rad Power, more like a phoenix,” and described it as “The rebirth.” His comments about rehiring employees, retaining or expanding stores, US assembly, and a discounted battery-replacement program were plans he described at that time, not confirmation that each plan was completed. GeekWire’s November 2025 report on the WARN notice · GeekWire’s March 2026 interview with Life EV’s CEO
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Is Rad Power Bikes still operating, and what about older bikes?
As of Rad Life Mobility’s US purchase terms, updated September 17, 2026, the company is the seller of Rad-branded e-bikes and related products in the United States. That means the brand remains on sale, but it should not be confused with the former independent Seattle business. Current terms say the new owner has no obligation to provide warranty or service for products bought before December 15, 2025, while reserving the possibility of announcing discretionary upgrade or service policies. Owners of older bikes should check the live official terms for their product and location rather than rely on the customer-service assurances made in 2024 or plans discussed in March 2026. Rad Life Mobility’s current US purchase terms
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- Compatible With All Rad Batteries and Bikes
- Charger will stop charging when finished, and balance the battery cells just like the OEM charger.
- UL Listed & Certified in the USA for Safety and Reliability
In 2024, Rad’s spokesperson said the company planned to continue seven-day phone and chat customer service and cited more than 1,200 retail and service providers across North America. Those statements described the company’s position at that time; they are not a current service or warranty guarantee.
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