Life Electric unit Rad Life Mobility buys QuietKat
Seeking Alpha ·
Life Electric Vehicles ( LFEV ) said its unit, Rad Life Mobility, acquired off-road electric bike brand QuietKat from Revelyst. The financial terms of the deal were not disclosed. The acquisition adds QuietKat to Rad Life Mobility's portfolio alongside Rad Power Bikes, Serial 1, and other electric mobility businesses. For Revelyst, the divestiture aligns with its strategy to sharpen focus on its core brands and accelerate investment in businesses with stronger long-term growth opportunities Financial information for Life Electric Vehicles Holdings Inc.
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