Vietnam EV startup raises $22m as Hanoi bans gas-powered bikes

Dat Bike's localized supply chain competes with VinFast, works with ride-hailers

20250918 Dat Bike x FCC signing ceremony.jpg

Dat Bike said it would plow $22 million into domestic manufacturing, such as automation, unlike competitors that rely on imports. A Dat Bike factory.

LIEN HOANG

HO CH MINH CITY -- Vietnamese electric vehicle startup Dat Bike has raised $22 million, as it aims to benefit from a ride-hailing partnership and a municipal crackdown on gas guzzlers.

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