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Life Electric Vehicles Holdings, Inc. reports company developments tied to light electric vehicles, affiliated electric bicycle brands, and U.S.-based manufacturing strategy. News for LFEV includes updates on its equity position in LEV Manufacturing, the manufacturer associated with the Serial 1 electric bicycle brand, as well as distribution activity through its wholly owned E-Life Distributors subsidiary.
Recurring company disclosures also cover material agreements, capital-structure matters, operating and financial results, product and market expansion plans, and corporate communications about the company's business structure and growth roadmap.
Life Electric Vehicles Holdings (OTC:LFEV) announced plans for a 100,000-square-foot assembly, logistics and fulfillment facility in Algood, Tennessee, expected to create approximately 288 jobs.
The site is planned as a central U.S. hub supporting Rad Power Bikes, Serial 1 and Life EV brands, enhancing domestic assembly, distribution and supply chain capabilities.
The facility is expected to support product innovation, advanced manufacturing, battery technology initiatives and workforce development, and aligns with Life EV Group’s expansion following acquisitions of key Rad Power Bikes assets and Serial 1 Cycle Company.
Life EV (NASDAQ:LFEV) completed a court-approved asset acquisition of the Rad Power Bikes brand, intellectual property, inventory, and certain operating assets on March 5, 2026. Life EV becomes owner of the Rad Power Bikes brand and will continue U.S. retail operations under that name.
The company plans to honor certain warranties and gift cards, expand the Rad retail footprint in key markets, and transition production to U.S.-based affiliated manufacturing using a Foreign Trade Zone structure to improve quality control and supply-chain visibility.
Life Electric Vehicles Holdings (OTC:LFEV) has announced a public webinar scheduled for August 26, 2025, at 4:30 PM ET to present its business structure and growth strategy. The company, which holds a significant stake in LEV Manufacturing, the U.S.-based manufacturer that acquired Serial 1 from Harley-Davidson, is establishing operations within a Foreign Trade Zone (FTZ).
The company's subsidiary, E-Life Distributors, has begun building its 2026 order book, including programs with big box retail and private label customers. The webinar will cover the company's history, strategic growth plans, and progress toward becoming a fully reporting public company through an SEC registration statement filing.