Electric bike

SEATTLE (BRAIN) — Rad Power Bikes has issued two safety notices instructing bike owners to stop riding some of its RadWagon 4 e-bikes because of a misaligned rim strip and a tire quality issue.
WASHINGTON (BRAIN) — The industry expressed disappointment that the Inflation Reduction Act leaves out an e-bike tax credit and other initiatives that were part of more ambitious but failed climate-change legislation earlier this year. But proponents won't stop advocating for federal subsidies and expanding those on the state level.

DARMSTADT, Germany (BRAIN) — Markus Riese will step away from executive duties of e-bike manufacturer Riese & Müller and focus on innovation.
AMSTERDAM (BRAIN) — Pon.Bike, owner of Cannondale, Cervelo, Santa Cruz, Gazelle and other brands, has announced plans to buy the Dutch e-bike brand Veloretti. Veloretti was founded 10 years ago and sells bikes consumer direct in Europe.

Wels, AUSTRIA (BRAIN) — Pierer Mobility AG — the Austrian company that owns Felt Bicycle and the Husqvarna, GASGAS and R Raymon e-bike brands — said its sales of e-bikes were down 12% in the first half, partly due to supply chain constraints.

WASHINGTON (BRAIN) — Specialized Bicycle Components expanded its battery pack recall from last year for first-generation Turbo Levo and Kenevo mountain bikes manufactured between 2017-20
PHILADELPHIA (BRAIN) — Bosch eBike Systems will conduct an hour-long session at next month's Philly Bike Expo, aimed at dealers, consumers and other industry members.

FREEHOLD, N.J. (BRAIN) — Cenntro Electric Group Limited acquired a minority interest in German e-cargo designer Antric GmbH.

(BRAIN) — When Specialized announced the re-launch of its Globe brand in May as an affordable electric bike purveyor focused on car-replacing transportation, the company released only one spy photo showing an e-bike obscured by cargo baskets and cactuses. While the e-bike's frame was largely hidden, one of the bike's features clearly was visible: a rear hub motor.

LOS ANGELES (BRAIN) — The parents of a 12-year-old girl who later died from injuries suffered while riding as a passenger on a Rad Power Bike in 2021 filed a wrongful death suit Monday against the Seattle brand and helmet-maker Giro Sport Design.

OTTOBRUNN, Germany (BRAIN) — Porsche announced it will develop an e-bike drive system in the next few years, collaborating with Pon Holdings' Ponooc Investment B.V.

PARK CITY, Utah (BRAIN) — OKAI, a company best known for making bikes and scooters for share programs, is entering the consumer market with a line designed for IBD and direct sales. The company is attending the Big Gear Show, which opens Tuesday.

WASHINGTON (BRAIN) — The Inflation Reduction Act of 2022, announced after a surprise agreement this week between Sen. Joe Manchin III and Senate Majority Leader Charles E. Schumer, does not contain an electric bike tax credit and other bike-related measures included in President Joe Biden's original Build Back Better Act.