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flag Rad Power Bikes may shut down in Jan 2026, laying off 64 workers, after funding deal failed and financial struggles worsened.

flag Rad Power Bikes is at risk of shutting down in January 2026 due to financial struggles, including declining demand, excess inventory, tariffs, and economic pressures. flag The company plans to lay off 64 employees in Washington state and close its Seattle facility. flag A recent funding deal fell through, and despite exploring partnerships and acquisitions, no solution has been secured. flag Leadership says “Save Rad” remains a priority, but the company’s future is uncertain without emergency funding.

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