Electric bike
PARK CITY, Utah (BRAIN) — Bingham Cyclery, a 60-year-old Salt Lake City retail mainstay, is opening a location in Park City to serve a growing e-bike market.
It's Bingham's fifth location and its first in Summit County. It will stock e-bikes exclusively.
SEATTLE (BRAIN) — Rad Power Bikes had another round of layoffs following two previous cuts this year. The direct-to-consumer brand did not say how many employees were let go.
SALT LAKE CITY, Utah (BRAIN) — Vitus, the bike brand owned by Signa Sports United, is now available directly to U.S. consumers via a dedicated website and a Utah distribution center.
MURRIETA, Calif. (BRAIN) — Pierer E-Bikes North America is tweaking its name and announced it is now importing a third e-bike brand — GASGAS — to the U.S. market.
The new name for the North American operations of Austria's Pierer Mobility AG is: PIERER New Mobility North America Inc.
BROOKLYN, N.Y. (BRAIN) — Vela Bikes, an e-bike brand launched in Brazil 12 years ago, plans to move all its operations and manufacturing to the U.S. by early next year. The company is moving its headquarters to Detroit and will partner with Detroit Bikes to manufacture its bikes in the city.
FORT MYERS, Fla. (BRAIN) — Despite the hardships of losing her store to Hurricane Ian in October, Lisa Badolato said it was time to thank the Fort Myers Police Department.
GUNNISON, Colo. (BRAIN) — The International Mountain Bicycling Association has produced a one-page buyer's guide to help mountain bikers understand e-bike technology, regulations, and other issues before they buy an e-bike.
SEATTLE (BRAIN) — Mike Radenbaugh, who built his first e-bike in his garage 15 years ago, will step down as Rad Power Bikes CEO and transition to chairman of the board to focus on e-bike advocacy and innovation.
NEW YORK (BRAIN) — New York fire officials say they agree with five bills that the City Council is considering to address lithium-ion battery fires. A group calling for solutions to the city's charging-related fires held a news conference before the meeting.
WASHINGTON (BRAIN) — After issuing "stop-ride" notices in August and September to some e-bike owners, Rad Power Bikes is now working with the Consumer Product Safety Commission to conduct a recall on what appears to be the same issue. Almost 30,000 bikes are involved in the recall.
(BRAIN) — TheInformation.com, a tech trade title, is reporting that Sequoia Capital's China wing has made a recent investment in the e-bike brand Aventon. The investment would value the company at $590 million, according to the report, which cites two anonymous sources.
NEW YORK (BRAIN) — The City Council will discuss five proposed legislative bills about lithium-ion battery fire safety next week in response to the outbreak of incidents this year.