Rad Power Bikes reaches deal to sell itself for $13.2 million
A company called Life Electric Vehicle Holdings has emerged as the top bidder for Rad Power’s assets. It’s not clear what the company plans to do with them, though.
A company called Life Electric Vehicle Holdings has emerged as the top bidder for Rad Power’s assets. It’s not clear what the company plans to do with them, though.
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Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more on the e-bike movement, follow Andrew J. Hawkins. The Stepback arrives in our subscribers’ inboxes at 8AM ET. Opt in for The Stepback here. How it started Last week, I did something I don’t typically do, which […]
PopWheels realized its battery swapping network could be used for more than food delivery workers who need to charge their e-bikes. Now, its planning for an “aggressive rollout” this summer.
The NTSB joins the National Highway Traffic Safety Administration in investigating Waymo vehicles illegally passing stopped school buses.
Tesla scrapped its Autopilot driver assist feature that used to come standard in new vehicles, as it attempts to steer customers to its newly subscription-only Full Self-Driving (FSD) system. According to Electrek, the company removed Basic Autopilot as a standard feature from new Model 3 and Model Y vehicles in North America. That means in […]
The company is also currently facing a 30-day suspension of its manufacturing and dealer licenses in California for deceptive marketing about Autopilot’s capabilities.
The factory musical chairs reflect an economic and political environment, shaped by the Trump administration’s tariff policy and its decision to end the federal EV tax credit.