Alright so the new owner will continue running Rad Power Bikes under the same brand which is good (see URL).
I still have some uncertainties about Live EV as a viable company (their stocks are traded under OTC market (aka - pink sheets which doesn't have the best reputation (see Boiler Room movie)) and have some sky-rocket returns although it's tough to explain the drivers for that appreciation).
However, it seems like they are going in the right direction on attempting to relieve some of that tariff debt which was one of the major liabilities for Rad by implementing new manufacturing operations using a Foreign Trade Zone (FTZ) structure (some loop-hole way to avoid/minimize tariffs while still being able to supply parts from outside the US).
We'll see how it goes I guess.
URL: https://www.geekwire.com/2026/rad-power-bikes-brand-will-live-on-as-life-ev-completes-acquisition-of-seattle-e-bike-makers-assets/
I still have some uncertainties about Live EV as a viable company (their stocks are traded under OTC market (aka - pink sheets which doesn't have the best reputation (see Boiler Room movie)) and have some sky-rocket returns although it's tough to explain the drivers for that appreciation).
However, it seems like they are going in the right direction on attempting to relieve some of that tariff debt which was one of the major liabilities for Rad by implementing new manufacturing operations using a Foreign Trade Zone (FTZ) structure (some loop-hole way to avoid/minimize tariffs while still being able to supply parts from outside the US).
We'll see how it goes I guess.
URL: https://www.geekwire.com/2026/rad-power-bikes-brand-will-live-on-as-life-ev-completes-acquisition-of-seattle-e-bike-makers-assets/
