This investment is carried out in Dat Bike's Series B funding round, marking the participation of a domestic investment bank in the electric motorbike sector.
TVS's investment is a step in a strategy to promote technological innovation, green development and sustainable growth. The capital is expected to be allocated to Dat Bike's key items, including expanding production scale, completing supply chains, upgrading distribution systems and strengthening R&D capacity.
In addition to financial resources, TVS also supports Dat Bike in management consulting, development planning, value chain optimization and connection with the capital market to improve operational efficiency and long-term growth potential.
“As a strategic financial investor, TVS wishes to accompany Dat Bike in the journey of expanding production, improving R&D capacity and building a Vietnamese electric vehicle ecosystem towards sustainable development and emission reduction goals. This is also proof of TVS's responsible investment orientation: creating long-term value for businesses, investors and society.” - TVS representative said.
