SALT LAKE CITY, Utah (BRAIN) — Rad Power Bikes will open its sixth store on July 8, in Salt Lake City. The company said it plans to open stores in Huntington Beach, California; Brooklyn, New York; and St. Petersburg, Florida, later this summer.
"Demand for e-bikes is growing rapidly, even outpacing EV demand, and rising gas prices are pushing consumers to explore this more efficient, affordable and sustainable transportation method. In fact, 30% of Rad customers state rising gas prices as a reason for their e-bike interest," the company said.
"With gas prices higher in Utah than they are nationwide, Rad is again showing that it meets consumers where they are to provide them with more opportunities to experience the benefits of e-bikes firsthand before making purchase decisions. In addition, Rad’s experts will help consumers select the bike model and accessories to personalize it for their needs and interests. "
