Rad Power Bikes speeds toward financial cliff Monica Nickelsburg November 10, 2025 / 2:03 pm

It may be the end of the road for Rad Power Bikes.

The beloved Seattle e-bike maker notified the Washington State Employment Security Department that it may need to shut down in January if it can’t find stop-gap funding by then.

“No final decisions have been made, and these notices are precautionary,” a spokesperson for the company said. “Rad’s leadership is actively pursuing all viable options to keep the company operating.”

In a letter to employees shared with KUOW, Rad said the company faces “significant financial challenges” that could lead to a closure in the new year that would result in 64 layoffs. It would be the end of one of the country's top e-bike manufacturers.

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