Rad E-Bikes became the biggest e-bike seller in North America

You've probably seen one of their bikes, or even own one. Now the company who makes them could be closing.

Rad e-Bikes of Seattle files WARN Alert

According to Geekwire and other sources, the company that exploded to billion-dollar value during the pandemic could possibly be laying off the rest of its workforce of 64 people.

Founded in 2007, Rad E-Bikes steadily grew and then in 2019 began to gain significant traction as peoples' exercise habits and more began to change. The pandemic caused a lot of shifts in travel and exercise behavior, with people seeking new ways to deal with less entertainment and travel options.

In 2021, the company was valued at $1.21 billion. However, within two years it began to erode. Consumer shifts and interests slowed bike sales, and a wrongful death la