One of the first moves by Pedego’s new CEO, Larry Pizzi, will be to set up a program allowing Pedego dealers to access other brands of e-bikes for the first time.
While the bike industry should have a bright future once the current storm abates, KKR faces an uphill slog to earn a return on its €1.6 billion ($1.7 billion) purchase, which came at a 21% premium to ...