Electric bike

WASHINGTON (BRAIN) — Specialized Bicycle Components is recalling about 11,000 Globe Haul ST and LT e-bikes because the lower portion of the 13-inch telescopic seatpost can break when fully extended.

BETHESDA, Md. (BRAIN) — A nonprofit consumer advocacy organization filed a civil lawsuit on behalf of the three Consumer Product Safety Commissioners whom President Trump fired earlier this month after objecting to staff firings.

STAVANGER, Norway (BRAIN) — Norwegian urban mobility brand Podbike filed for bankruptcy Friday, citing financial hurdles including increasing production costs, supply chain disruptions, and a stagnant global economy.
BETHESDA, Md. (BRAIN) — Industry experts pointed out to BRAIN in the past week that existing e-bike inventory will not necessarily be devalued if the Consumer Product Safety Commission's proposed e-bike and lithium-ion regulation testing standards become federal law.

WASHINGTON (BRAIN) — Santa Cruz Bicycles is recalling some Heckler 9 e-mountain bikes because the lithium-ion battery can overheat. The Consumer Product Safety Commission has received three reports of fires — including some property damage — but no injuries.

BETHESDA, Md. (BRAIN) — The Consumer Product Safety Commission voted 3-2 Wednesday to advance its proposed e-mobility device and lithium-ion battery testing standards to the 60-day public comment period required under the Notice of Public Rulemaking guidelines.

BETHESDA, Md. (BRAIN) — The Consumer Product Safety Commission’s proposed e-bike and lithium-ion battery regulation testing standards could devalue inventory in brands’ warehouses and on retailers’ floors if it becomes federal law.

If Tern’s shipments don’t arrive from Vietnam before Wednesday, or get diverted, the cargo bike brand will be on the hook for about $1 million — cash — in tariff fees. Until this week, the company had planned on zero.

IWATA, Japan (BRAIN) — Yamaha Motor Co. has agreed to buy Brose's e-bike drive unit subsidiary.

TAIPEI, Taiwan (BRAIN) — Gary Fisher's e-bike startup brand Morelle Bikes will debut at the Sea Otter Classic next month, Fisher told BRAIN during the opening day of the Taipei Cycle show.

SEATTLE (BRAIN) — Rad Power Bikes named Kathi Lentzsch its new CEO. She comes to Rad Power from Bartell Drugs, where she was CEO from 2018 to 2020.

SEATTLE (BRAIN) — Rad Power Bikes announced that CEO Phil Molyneux will leave the brand and also confirmed its sixth workforce reduction, with this round affecting its direct-to-consumer sales staff as it continues to pivot more toward Rad Retail and local bike shops.