8/18/2023 0 Comments Rad powerThe company's president, Phil Molyneux, will take over as CEO and navigate the choppy waters as they approach a new year. The Rad Power RadMission is a stripped-back single-speed electric bike intended for city-dwellers, commuters and casual riders. There were eight injuries including reports of arm and wrist fractures, road rash, cuts and bruises. Rad Power Bikes denies the claim, however, confident that the fire did not originate in a Rad e-bike battery, charger or any other Rad product.Īnd then, just last month, Rad Power Bikes, in collaboration with the US Consumer Product Safety Commission, issued a recall of its RadWagon model for faulty rim strips and tires.Īt the time of the recall, the firm had received 137 reports of tires blowing out, deflating and separating from the sidewalls. Then in August, Rad Power Bikes was presented with a wrongful death lawsuit by the parents of a 12-year-old girl who died from injuries sustained after riding on the back of a RadRunner e-bike in 2021.Ī second lawsuit followed in October in which a Rad Power Bike battery or charger was claimed to have been the cause behind a house fire that caused significant property damage. Citing growth strategy and business restructuring, 100 employees were let go.Ī second round of layoffs followed in July with the company downsizing by another 10 precent, this time citing economic uncertainty and rising operating costs. Disconnect this connector by pulling it apart without twisting. The other cable connects to the jumper cable. You just traced one of them to the Rad UI Remote. There are two cables connected to the Rad UI Display. Riding the pandemic- and climate-related tailwinds, the Seattle-based company started the year among the fastest growing bike companies in North America with some $329 million in investments and more than 550,000 customers world-wide.īut in April 2022, the first round of layoffs indicated that perhaps the company had grown too quickly. Locate the Rad UI Display connector ('B' in the illustration above) that goes to the jumper cable. Holley said, with a special battery feature "you can slide it under the seat and you can run it in parallel and this bike goes 40 to 80 miles, almost 100 miles you can do with the two batteries in tandem."Īt RAD they are offering free test rides on their complete line of bikes, from the smaller ones to the full sized, mountain bikes, and a trike with a basket.įor those who look at buying on line, this is a hands on option that matters when they make this kind of purchase.The launch and third round of layoffs are the first big company moves since Mike Radenbaugh announced he'd be stepping down from his CEO role after 15 years at the helm mere weeks ago. "Īround Santa Barbara electric bikes have all ages either getting on a two wheeled vehicle for the first time or returning back to the youthful spirit they had years ago, with a different form of pedal power, with a long lasting battery or sometimes, two. Holley says working from the containers he can keep a flow of bikes available, "so now we can hold 54 bikes in one container and we can do 27 built bikes in another containers so when we have a customer show up the first question asked is 'how long is it going to take?' We say as long a it takes you to check out. "Most of the time they don't even make it out of the parking lot and you hear them laugh because it is that changing, they don't expect to have that feeling." Josh Holley at RAD power bikes says the riders have responded enthusiastically.
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