Policy·APAC
Vietnam Plans to Curb Gasoline Bikes Amid Dat Bike Growth
Key Points
- 1Dat Bike secured $4M for expansion in Vietnam.
- 2Hanoi plans regulatory changes for electric vehicles.
- 3A shift towards national sustainability and energy independence.
Dat Bike has announced a $4 million funding round as it accelerates its growth in Vietnam, planning to open a new store every week across the country. The government of Hanoi is moving to curb the usage of gasoline motorbikes, making way for more electric vehicle options. This policy is part of broader efforts to enhance urban mobility and reduce pollution in the capital.
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