SEATTLE, Wash. — It’s a hobby for some and a way to commute for others. No matter the reason, more people are saying ‘yes’ to pedal power.
“We're up 20% and there's really nothing that can account for that other than the fact we have bikes in stock that we didn't have a year ago, and I think the gas prices are having an impact as well,” said Pluth. “It definitely, I think, will have a long-term effect if the prices remain where they're at today. I don't think high gas prices are good nationwide, but at the same time, it's good for our business.
Pluth thinks the pandemic and the inflation crisis are starting to permanently change attitudes. More people see cycling as a viable transportation solution.“I started this company when I was 15 years old, and I did it because I couldn't afford to keep my old broken-down car running,” said Mike Radenbaugh, founder and CEO of Rad Power Bikes.
With more than 250 million cars on the road, Radenbaugh is hoping this moment becomes an opportunity to put some of those cars in the garage for good.
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