Dat Bike – Vietnam’s Electric Revolution Startup
11 min read
Dat Bike – Vietnam’s Electric Revolution Startup
🚀 Dat Bike Quick Facts 2025
Founded: 2019
Headquarters: Da Nang, Vietnam
Total Funding: $47M+ (2025)
Latest Series B: $22M (2025)
Flagship Model: Quantum / Weaver++
Showrooms: HCM, Ha Noi, Da Nang
- Proudly designed, engineered and made in Vietnam by Vietnamese engineers
- Full control of key electric motorbike tech and battery design
- Quantum S, Weaver++: up to 300km/charge, fast charge 20–25'
- Ambition to convert 70M+ gas bikes to electric across SE Asia
Dat Bike leads Vietnam and Southeast Asia’s electric mobility revolution: providing high-performance, locally engineered electric motorbikes that rival gasoline models—empowering riders to shift green without compromise. Backed by top VCs, rapid growth, strong eco-mission, and smart business execution, Dat Bike is shaping Asia’s future of urban transportation.
Overview & Mission
- Company: Dat Bike
- Industry: Electric Mobility, Automotive Manufacturing
- Mission: Drive mass adoption of green transportation and make “Made-in-Vietnam” electric motorbikes mainstream across Southeast Asia
- Vision: Transform mobility for 600M+ people in SEA — greener, smarter, more affordable
Market Pain Point
Problem: Vietnam, with over 70 million motorcycles, faces one of the world’s worst air pollution indexes. Consumers desire clean transport, but electric motorbikes are historically underpowered, expensive, and inconvenient.
Dat Bike’s Solution: Build Vietnamese-engineered electric bikes with gasoline-rivaling power (0–50km/h in 3s), 200–300km range, fast charging (20–25’), strong cost savings, stylish design—and continually push performance with proprietary technology.
Competitive Advantage
- Performance: Fastest charging, highest range, Vietnamese 3-phase motor
- Control: In-house battery R&D, own tech stack (not Chinese ODM)
- Cost: Lower TCO than gas, cheaper maintenance, real-life cost analysis
- Eco-label: First true “green” bike, helping Vietnam’s “clean air” push—endorsed by government, media, and community
- Backers: Jungle Ventures, Rebright Partners, F.C.C (JP), Wavemaker Partners, Hustle Fund, iSeed Ventures
Business Model & Revenue
- Direct sales (showroom, website) & B2B sales (fleet/ride-hailing/last-mile)
- Financing & installment plans, referrals ambassador program, after-sales service
- SaaS/Smart app: Digital APIs (tracking, battery life, anti-theft, upgrades)
- Expanding future: subscription battery, service, off-road e-bikes
Sales & User Growth
Dat Bike Sales & User Growth (2019–2025)
Growth & Performance Highlights
| Metric | Data |
|---|---|
| Founded | 2019 |
| Active Users | 30,000+ (estimate, 2025) |
| Showrooms | HCM, Hanoi, Da Nang |
| Flagship Model | Quantum/Weaver++ (300km/charge, 0–50km/h in 3s) |
| Total Funding | $47M (2025, Series B) |
| Main Investors | Jungle Ventures, Rebright, F.C.C, Cathay, Hustle Fund, Wavemaker |
| Assembly Capacity | 5x increase since 2024 |
| CO2 Reduction Target | 1M tons per year by 2028 |
Funding, Team & Investors
- Founder/CEO: Nguyễn Bá Cảnh Sơn (Ex-Silicon Valley, Google/Uber/Facebook, Forbes U30 Asia, tech award winner)
- Key team: 150+ engineers, ex-tech talents, local manufacturing veterans
- Total funding: $47M+ (inc. $22M Series B - 2025)
- Main investors: Jungle Ventures, F.C.C, Rebright Partners, Wavemaker, Hustle Fund, iSeed Ventures, Cathay Venture
Nguyễn Bá Cảnh Sơn founder/CEO Dat Bike
Achievements & Social Impact
- First Vietnamese electric bike with true “gas performance” (0–50km/h in <3s)
- Eco-awards, certified “green transportation” startup, endorsed by MoT and media
- Flagship models now adopted in ride-hailing, last-mile, institutional fleets
- Supports bans/reduction of combustion engines in city centers (Hanoi Ring Road 1 law 2026+)
- Clean air impact: reduces thousands of tons of CO2, urban air quality improvement
Exit Strategy & ROI Outlook
- Scalable model: massive market from 70M+ bikes in VN, 250M+ in Southeast Asia
- IPO target, strategic M&A (auto, tech, energy, fleet partners global/Asia)
- Driver of regulatory “green mobility” wave, eligible for ESG/impact funds support
- Brand leader: high net promoter, future-proof vs. gasoline market decline
Risks & Solutions
- Risks: global competition (Yadea, VinFast, Honda, Gogoro), tech/compliance, supply chain
- Solutions: own R&D, local supply chain, government buy-in, continuous feature innovation (latest: Quantum, battery tech)
- Consumer reticence: aggressive ambassador campaigns, education, warranty/program, “first-ride” events
SWOT Analysis of Dat Bike (2025)
SWOT Analysis – Dat Bike (2025)
“Innovation starts with the courage to challenge what everyone considers ‘good enough.’ Our journey is not merely to build a leading brand, but to change the entire landscape of mobility for Vietnam, and for our future generations.”
— Nguyễn Bá Cảnh Sơn, CEO/Founder Dat Bike
Nguyễn Bá Cảnh Sơn chia sẻ về tầm nhìn Dat Bike (YouTube)
Dat Bike is making green mobility a reality for every Vietnamese—and soon, all of Southeast Asia. Join us in empowering millions of riders to drive a cleaner, smarter future!
What’s Next / Future Roadmap (2025–2028)
- 2025: Launch next-gen off-road quantum, expand showrooms, start subscription battery pilot
- 2026: Scale to 100,000 users, expand Vietnam-wide service, fleet partnerships nationwide
- 2027: Roll-out SEA expansion (Thailand, Indonesia, Malaysia, Philippines); IoT integration for smart mobility
- 2028: Target IPO/M&A, diversify to EV fleet, e-delivery, automotive verticals
- Ongoing: Continuous battery/speed upgrades, new ambassador/community campaigns for sustainable mobility
Vision: Dat Bike aims to lead Vietnam and SEA to a zero-emission transport future—where green is not a choice, but a standard.
Register Your Interest in This Project
“Don't wait for perfection, take action! Creativity must be coupled with execution; Perseverance is the key that unlocks the door to eliminating failure. Only then will you create true Breakthrough and change the game.”
— Hoang Vinh, CEO MPR - Market and Product Research
Sources Aggregated for Investors:
- Main Page: https://dat.bike/
- Vietnamese Startup Dat Bike Raises $22M for Green Transport: Vietnam Economy
- Case Study & Business Model: SocialBusinessCreation.com
- Founder story: About Dat Bike
- Funding data: CBInsights
- Achievements, social impact: VSTA.org.vn
Download Dat Bike Infopack PDF
Get the full investor info, executive summary, and all charts in printable PDF format.
