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.

The statement came days after Japanese Prime Minister Yoshihide Suga stressed that the Japanese military would not engage in any military situation around Taiwan. The Japanese leader asserted that the mention of Taiwan in his joint statement with the United States did not make assumptions about Japanese military involvement. Taiwan claims to defend itself after Japan’s declaration of non-interference. (Photo: EPA-EFE) After meeting at the White House last week, Mr. Suga and President Biden issued a joint statement, which outlined “the importance of peace and stability in the Taiwan Strait”. Both leaders encouraged the peaceful settlement of cross-strait Taiwan issues. In a statement released on April 22, Taiwan’s diplomatic mission said the US-Japan defense alliance is the foundation for peace and prosperity in the Indo-Pacific region and is referenced in a joint statement. reflecting the two countries’ strong consensus on security in the Taiwan Strait and Indo-Pacific. The statement also noted Mr. Suga’s earlier assertion that the dispute in the Taiwan Strait should be settled by peaceful means. “We welcome the international community’s concern for peace and stability in the Taiwan Strait… and it is our responsibility to protect the security of the island. Taiwan will continue to liaise and cooperate closely with the US, Japan and like-minded countries in maintaining stability in the strait as well as maintaining security and prosperity in the Indian Ocean region – Pacific”, the statement clearly stated. China has always asserted that Taiwan is an inseparable territory and does not rule out the possibility of using force to unify the island. The Chinese military’s time increased military operations near Taiwan as tensions between Washington and Beijing escalated.