Rad Power offers first e-bike subscriptions in Europe
Posted On September 23, 2022
Rad Power e-bikes can now be rented in Berlin, via a partnership with local firm Cycle. Monthly subscriptions in the German capital cost €79.90 (about $78) for either a RadRunner utility e-bike or RadWagon e-cargo bike. Subscriptions can be month-to-month or for the entire year.
For context, a brand new RadRunner 2 costs €1,449 in Europe, which is what you’ll pay after 18 months if renting.
Subscription prices also cover repair services which can be booked in the Cycle app if something breaks. And, for an additional monthly fee, there’s a peace-of-mind package which reduces the deductible in cases of damage and theft. The subscription bikes can also be fitted with options like baskets and racks (though it’s not clear if this costs…