Wavemaker Partners

/

Dat Bike

Our latest

Our

latest

stories

Portfolio

/

Dat Bike

Dat Bike manufactures high-performance electric bikes and was recognised by the Vietnam Ministry of Transportation for the first “Made-in-Vietnam” electric bike. It is also the only one in the market that can rival gas bikes in terms of performance.

Problem

  • Low power and range: Most electric bikes in Vietnam have low power and short range, as they were made for the Chinese market, where bikes are smaller and meant for short distances.
  • High demand for commuting: In Southeast Asia, bikes are widely used for daily commutes of up to 50km per day.
  • Low EV adoption rates: Electric two-vehicles only have a 3% market penetration in Vietnam and the rest of Southeast Asia, despite 300 million people commuting daily with gas bikes.

Solution

  • Extended range: Dat Bike offers bikes with a range of 200km on a single charge.
  • High-performance models: Dat Bike’s Quantum model has a range of 270km, maximum speed of 100km/h, and charging time of 1 hour. The Weaver++ model offers a range of 200km, with maximum speed of 90km/h and charging time of 20 minutes.
  • Customer-centric design: Dat Bike is determined to build bikes that have features customers truly need and want.

Type

Mobility & Transportation

Focus Area

Sustainability

Capital Raised (US$)

6M to 20M

Operational HQ

Vietnam

SECTOR

CleanTech, Mobility & Transportation, and Vehicle Manufacturing

status

Current

founders

dat.bike

partnered

2021

exited

linkedin instagram website

You may be interested in...

zyllem logo
Zuzu Hospitality logo
Zuno Carbon logo
zumata logo