Rad Power Bikes raises $150 million as electric bike sales boom
TechCrunch
FEBRUARY 4, 2021
Electric bike sales boomed in 2020, a phenomenon driven by the COVID-19 pandemic and the disruption it delivered consumers’ daily lives. The company, which was founded in 2007, initially was a low-volume custom bike builder. “The core strategy is to continue to develop new vehicle categories,” Radenbaugh said.
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