For those eager to snap up a fresh Rad Energy Bike electric bicycle at a discounted rate, and if you happen to have another older e-bike to trade in, Upway has an attractive offer waiting for you. The partnership between an e-bike marketplace and Rad Energy Bikes aims to transform RadRetail stores into physical trade-in hubs, accepting older e-bikes at significantly reduced prices.
“We’re thrilled to partner with Rad Energy Bikes to roll out Upway’s innovative Commerce-In program across RadRetail locations nationwide,” stated Maxime Renson, General Manager at Upway. “The partnership streamlines the e-bike upgrade process for RadRetail partners, thereby prolonging the lifespan of e-bikes and reducing environmental waste.” Through the process of refurbishing e-bikes and offering a comprehensive one-year warranty on traded-in e-bikes, our company is uniquely positioned to supply high-end manufacturers with refurbished e-bikes at a significantly reduced cost, thereby making electric mobility accessible to a broader audience. This innovative system marks another significant stride towards Upway’s commitment to sustainability, repurposing licensed e-bikes instead of allowing them to end up in landfills, thereby minimizing the ecological footprint associated with production and disposal. By reducing demand for newly minted assets, Upway fosters a more environmentally conscious approach, conserving energy and decreasing greenhouse gas emissions, thereby paving the way for a more sustainable tomorrow.
Upway’s Commerce-In Program leverages a cutting-edge pricing algorithm to generate precise shipment value estimates for over 200 manufacturers within mere seconds, streamlining the trade-in process and elevating customer satisfaction. As Upway’s enterprise model harmonizes with Rad’s extensive retail presence.
In designated RadRetail locations, customers can bring in their current e-bikes and Rad representatives utilize Upway’s real-time valuation tool to swiftly determine its value. Clients have the option to list their used e-bikes on Upway’s website, or exchange them for a newly purchased Rad e-bike at a discounted rate through the platform. The traded-in bicycles are subsequently shipped to an UpCycle facility where they undergo refurbishment and reselling, thereby establishing a circular financial framework that facilitates seamless e-bike upgrades at reduced costs.
Rad powers ahead alongside Upway to unveil a pioneering partnership, poised to accelerate sales by enticing customers with a seamless upgrade path: trading in their old model for a more affordable e-bike at Rad’s retail shops.
We’re thrilled to partner with Upway to bring the Commerce-In Program to our eight US-based retail locations. “Rad Retail areas,” said Pete Boudreaux, Vice President of Buyer Operations and Supply Chain at Rad Energy Bikes. With over 15 years of experience in managing the e-bike industry and exceeding 650,000 satisfied riders, ensuring safe and exceptional e-bike deliveries while providing a unique customer experience has always taken top priority. Through this alliance, we facilitate hassle-free, eco-friendly mobility for additional riders by leveraging Upway’s innovative tools and resources to enhance their e-bike experience.
The trade-in program can be successfully implemented across the following RadRetail areas:
- Seattle, WA
- Berkeley, CA
- Santa Barbara, CA
- Huntington Seaside, CA
- San Diego, CA
- Salt Lake Metropolis, UT
- Denver, CO
- St. Petersburg, FL.
