COSTA MESA, Calif. (BRAIN) — Electric Bicycle Co., which assembled and painted custom e-bikes at its California facility, filed for Chapter 7 bankruptcy liquidation last week, listing total liabilities of $6.1 million, including secured claims of $960,000, and assets of $953,000.South African-born Sean Lupton-Smith, following a career as a restaurateur, founded EBC about 14 years ago.He told BRAIN on Wednesday that U.S. tariffs on imported components contributed to the failure.