U.S. Safety Commission Warns Against Use of Rad Power Bikes' Lithium-Ion Batteries Citing Fire Hazard Amid Company's Financial Crisis

Rad Power Bikes is facing a U.S. Consumer Product Safety Commission warning to stop using certain lithium-ion batteries due to fire risks, which the company disputes, amid its ongoing financial struggles and potential shutdown. The CPSC urged removal and disposal of hazardous batteries sold with multiple Rad bike models, while Rad disagrees with calling the batteries defective or unsafe.