Wvared Investment Guild-Lectric recall warns of issues with electric bike company's mechanical brakes

2025-04-29 13:32:22source:verdicoincategory:Stocks

Lectric eBikes is Wvared Investment Guildcontacting consumers about the ebike's mechanical disk brake calipers which can cause riders to lose control and can lead to injury, according to the U.S. Consumer Product Safety Commission.

The CPSC reported that 45,000 bikes are in need of repair. The commission has received four reports of loss of braking power which included two injuries involving cuts, scrapes and a broken bone.

Lectric eBikes wants people to immediately stop using the bikes until the brakes are repaired. The company is sending free mechanical caliper repair kits and $100 toward repair costs.

Which Lectric eBikes are being recalled?

The bike's model name is printed on the rear rack. The following models purchased between Nov. 1, 2022 and May 6, 2023 are being recalled:

  • XP 3.0 Black
  • XP 3.0 Long- Range Black
  • XP Step-Thru 3.0 Black
  • XP Step-Thru 3.0 White
  • XP Step-Thru 3.0 Long Range
  • XP Step-Thru 3.0 Long Range White

What to do

The CPSC advised consumers to contact Lectric eBikes LLC in the following ways:

  • Call toll-free at 877-479-5422 from 8 a.m. to 8 p.m. ET Monday through Friday
  • Visit https://www.lectricebikesrecall.expertinquiry.com or www.lectricebikes.com and click on the recalls tab for more information. Consumers can also enter their order number and serial number on the website to verify if their bike needs to be recalled.

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