# Rad Power Bikes Faces Potential Closure by Year-End
> Rad Power Bikes is facing potential closure by year-end, sparked by financial difficulties and market challenges, causing concern among stakeholders.
> Rad Power Bikes is facing potential closure by year-end, sparked by financial difficulties and market challenges, causing concern among stakeholders.
> Rivian’s board announces a new $4.6 billion pay package for CEO RJ Scaringe, aimed at incentivizing growth and ensuring long-term success.
> Discover why Lexus has redefined luxury with its 6-wheeled ultra-luxe EV people mover, the LS, which emphasizes comfort, space, and sustainability.
> Save up to 65% on Anker’s SOLIX early Black Friday Sale, featuring power stations and e-bikes starting from $158. Don’t miss out on substantial discounts!
> Used EVs are becoming popular as prices drop to $20,000-$30,000, offering environmentally friendly options amid a sluggish used car market.
> Emmanuel Lamacchia, program manager for Tesla’s Model Y, departs, raising questions about leadership stability and the future of the automaker.
> Tesla reports a concerning 36% sales decline in China for October, marking the worst month in years amid increasing competition and market challenges.
> Used electric vehicles are now selling faster than gasoline cars, reflecting changing consumer preferences and the rise of sustainable mobility options.
> Toyota unveils its first electric pickup, set to redefine the EV market. Discover specs, availability, and its impact on sustainability.
> The Mercedes-Maybach EQS SUV sees a huge $50,000 discount, reflecting changing dynamics in the luxury electric vehicle market.