LEVA-EU member Rad Power Bikes has just been recognized as one of the most innovative companies of 2021.

In an annual ranking compiled by Fast Company, a leading tech and business magazine, Rad Power Bikes landed the number 2 spot in the transportation category — the highest position for any electric bike company.

“Our movement to create a world where transportation is energy-efficient, enjoyable, and accessible to all has always been 100% people-led, and charged by the passion and excitement of each and every rider,” founder and CEO Mike Radenbaugh said. “We have them to thank for this.”

Fast Company is not the only one to notice the transformative power of electric bikes. This announcement comes on the heels of a historic $150 million investment in Rad Power Bikes from some of the nation’s top financial powerhouses.

“Innovation is core to who we are and we’re thrilled to see our hard work pay off,” Radenbaugh said. “Moving forward, we will continue to redefine mobility and push the boundaries of what people can expect from an electric bike. This doesn’t just mean new bikes and accessories designed for the inspiring ways our riders get outside. It means groundbreaking digital tools to enhance their ownership experience at every turn, not just this year, but for years to come.”

The Rad Power Bikes website is here.