The Tesla electric cars are the reason why Nguyen Ba Canh Son gave up his position as a programmer in the US to return to the country, establishing an electric vehicle manufacturer “Made in Vietnam” Dat Bike.
Canh Son was born in 1990 in Da Nang. In 2010, he went to the US to study information technology. After graduating, Son spent 4 years working as a programmer in a Silicon Valley enterprise.
Founder and CEO of Dat Bike – Nguyen Ba Canh Son. To realize his start-up plan, Son spent a year in the US learning about manufacturing, from mechanics, electronics, to circuit design, industrial design, supply chain… Also in the same period of time. During this time, Son gathered a team of like-minded young engineers, learning how to make an electric motorcycle in the US. This is an important stepping stone for Son’s project formation and development in Vietnam. Founder and CEO of Dat Bike – Nguyen Ba Canh Son, said: “This capital will be used to improve the quality of the bike, perfect the sales team and expand the market.” In particular, improving the quality of the battery and controller will be put on top by Dat Bike. It is known that Dat Bike was established in 2018 with the ambition to become the largest electric motorcycle company in Southeast Asia. In the Vietnamese market, Dat Bike is having an estimated growth rate of 30%. Dat Bike’s first motorcycle model was launched in Vietnam in 2019 from the factory located in Binh Duong, called Weaver. The advantage of this model, which is also the difference with electric cars currently on the market, lies in its long travel time and fast battery charging. The battery installed in the Weaver uses LG’s technology, similar to the battery system installed in Tesla electric cars. In particular, the battery life is up to 10 years in conditions of regular use and is easy to recycle, with no adverse impact on the environment. Compared to other competitors, Dat Bike has the advantage of using domestic materials, instead of importing from other markets. This helps the company reduce transportation costs, increase production efficiency and receive tax support. 
Currently, Dat Bike has a shop in Ho Chi Minh City. Ho Chi Minh. Currently, Dat Bike has a shop in Ho Chi Minh City. Ho Chi Minh City and a factory in Binh Duong with a capacity of about 1,000 vehicles/month. The company has only focused on developing online sales channels in the Vietnamese market. In addition, another advantage of Dat Bike is that the company’s vehicles are manufactured in the country, most of the component suppliers are local manufacturers. Therefore, the Company can be proactive in logistics and supply chain services. In just a short time, Son and his team of associates have increased the production capacity of Dat Bike from 1 motorcycle shipped per week in the early days to hundreds of units per month. At the end of 2020, Dat Bike opened its first store in Ho Chi Minh City and currently, Dat Bike’s growth rate is 35%/month. In particular, in 2020, the Ministry of Transport has recognized Dat Bike Weaver as the first electric motorcycle originating in Vietnam. This is also the only model on the market today that has the same performance as a traditional petrol motorbike. Jungle Ventures is a Singapore-based venture capital firm that focuses on investing in early-to-growth businesses and start-ups in Southeast Asia and India. With a focus on building sustainable businesses, Jungle Ventures has been working with the region’s most ambitious founders to build high-growth technology businesses, using capital-efficient, with the potential to scale into leading regional or global companies. The $2.6 million capital “poured” from Jungle Ventures and investment funds allows Son and his associates to continue to create and develop the most complete electric motorcycles for users in the Southeast region. Asia and the world through investment in expanding production of Electric Vehicle Factory in Binh Duong. CEO Dat Bike calculates, with more than 80% of households in Indonesia, Malaysia, Thailand and Vietnam owning two-wheeled motorbikes, a total of about 250 million gasoline motorbikes, the size of the motorcycle industry in Southeast Asia. up to $25 billion. These potential numbers are the motivation for Son and Dat Bike team to continue firmly on the chosen path, contributing to promoting wider use of sustainable transportation solutions. Soon, Dat Bike will release the next version of Weaver. This version is capable of running 200 km, fully charged in 2 hours. In the further future, Dat Bike will develop more new models to suit a wide range of customers.
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