HO CHI MINH CITY, April 19 – Dat Bike, a Vietnamese technology start-up that plans to make electric motorbikes, has raised US$2.6 million in a pre-series A funding from Singapore’s Jungle Ventures, Wavemaker Partners, Hustle Fund, and iSeed Ventures.
Electric motorbikes are usually weak and have a low range, delivering only half the performance of a petrol bike, reported Vietnam News Agency (VNA).
However, Dat Bike claims its Weaver can rival petrol bikes in power and range, its 5,000W motor helps accelerate from 0 to 50km/h in just three seconds, its charging time is the fastest in the country at just under three hours, and its brake mechanism is tailored to the traffic situation in Vietnam.
Dat Bike Founder and Chief Executive Officer, Song Nguyen said, “We want to transform the 250 million gasoline bikes in Southeast Asia into electric vehicles. We believe that if given a choice everyone would pick electric over gas. It is just that the current electric motorbikes in the market lag behind in power and range, making it difficult for people to make the switch.
“The fresh funds will allow us to continue to innovate and create the most compelling electric motorbikes for Southeast Asia and the world.”
On the same note, the founding partner of Jungle Ventures Amit Anand said, “This investment in Dat Bike marks our first investment in the mobility sector which is rapidly getting transformed by technology. The US$25 billion two-wheeler industry in Southeast Asia, in particular, is ripe for reaping the benefits of new
developments in electric vehicles and automation.
“We believe Dat Bike will lead this charge and create a new benchmark not just in the region but potentially globally for what the next generation of two-wheeled electric vehicles will look and perform like.”
The Weaver can be bought on the company’s website and physical store in Ho Chi Minh City. It costs US$39.9 million.
Inspirational Story: Between Wealth And Determination, Meet Tan Sri Syed Azman Syed Ibrahim
Being rich in life is definitely would be one of the dream goals for many people in this whole wide world. To be able to achieve that, they have to work hard in life so that everything will be worth it in the end. Despite all that, many people said that someone could change if they have become rich. They would turn to someone who is arrogant, stingy, and many other negative descriptions towards them.
Fortunately, there is a whole different story for this particular Malaysian billionaire who is ranked 25th in the Forbes list of 50 richest people in Malaysia. His name is Tan Sri Syed Azman Syed Ibrahim. There is actually a very inspiring story of how this specific native of Sungai Petani, Kedah started his journey before he finally becomes a billionaire. It is so amazing how this former military intelligence officer with the rank of Major and former used car dealer is so high in his fighting spirit in business that he can get to this point.
Based on his story, he and his wife started a used car business right after retiring from the Malaysian Armed Forces (ATM). In the early days of his business, Syed Azman traveled back and forth to London to buy used cars before selling them in Malaysia. At that time he did not have an AP (Approval Permit) but he shared the AP with friends who had the permit.
Over time, he also managed to own an AP from the government and his car business was gaining prominence. Soon the government decided to stop giving open APs and only offer AP franchises. To get the AP franchise, Syed Azman has to be appointed by a foreign car company as a distributor and then the permit is awarded to him.
Luck was on his side when he managed to gain the trust of Honda to appoint him as a distributor of several types of cars in Malaysia. Then Syed Azman got the right to distribute Chevrolet and Suzuki.
Syed Azman once said that he was bored because he spent a lot of time on the road while doing business. Then his friend suggested he buy a helicopter just to travel for his business. So in 2003, he bought a helicopter for the US $ 1.5 million for his daily use. When he did not use the helicopter, he only rented it to those who were interested.
It was then that he realized that the demand for these helicopters was high in Malaysia. Five years later, he managed to secure his first contract to provide helicopter services to bring oil and gas sector workers to the rig. Today, the owner of Weststar who is so humble has more than 40 helicopters, four private jets and he was also awarded a contract worth RM8 billion for oil rig workers to bring it among the richest men in Malaysia.
Although his wealth and assets reached billions of ringgit, Syed Azman declined to say the amount. Now, Syed Azman continues to spread his wings despite the bitter challenges he faces at a time when the world economy is in a state of uncertainty. Just as dozens of his helicopters flew high in the air, so did his spirit and determination.
Don’t Believe Fake News About COVID-19 Vaccines – Senior Citizens
KANGAR, May 11 — Senior citizens who successfully completed two doses of COVID-19 vaccine under the National COVID-19 Immunisation Programme yesterday urged the public to stop worrying about getting vaccinated.
Nearly 1,000 senior citizens who received the vaccine at the Dewan 2020 vaccination centre (PPV) expressed their gratitude for not being easily swayed by the spread of fake news on social media claiming that the second dose of COVID-19 vaccine shot causing complications to the recipients.
The Ministry of Communications and Multimedia (KKMM)’s Quick Response Team’s statement described the claims as untrue and advised the public not to disseminate such information which could cause confusion and anxiety among the community.
Meanwhile, one of the vaccine recipients, Shukor Shamsuddin, 74, from Taman Guru Jaya, hoped that the public would not be affected by the negative claims as the vaccine administered was safe.
“I wonder why there are still those, especially educated people, who are still afraid to get vaccinated. In fact, there are still many who have yet to register,” told Bernama yesterday.
Shukor, former director of the Perlis Social Welfare Department, said he did not feel sick during or after receiving the second or first dose of the vaccine.
Another recipient, former Perlis footballer, Salim Muhamad, 72, appealed to those affected by the negative claims to immediately register for vaccination as it would not only save themselves but also helps others to form group or herd immunity.
“Those who are afraid of getting vaccinated are lying to themselves as we all know that we need to put efforts when facing a disaster or disease,” he said.
Former lorry driver, [email protected] Hassan, 73, from Nesam, Bintong said he wondered why many urban residents and educated people were afraid to get inoculated, while he and many friends who were lorry drivers and farmers were responding positively to the government’s call to get vaccinated.
“For us villagers, in our minds, if we don’t get the vaccine shot then we will be more susceptible to COVID-19 virus. If we contract the virus, it will not only threaten our own lives but also the lives of our family members, neighbours and the general public,” he said.
9 Palestinians Killed In Gaza Explosion After Jerusalem Rocket Barrage
GAZA, May 11 — Nine Palestinians, including three children, were killed and many were injured on Monday evening in an explosion in the town of Beit Hanoun in the northern Gaza Strip, Xinhua news agency reported according to medical sources.
The Hamas-run health ministry in the Gaza Strip said in a statement that the bodies of the nine people had been delivered to the main hospital in the town.
The reason for the explosion wasn’t immediately known, and the Hamas statement did not explicitly blame Israeli airstrikes for the deaths.
The explosion in northern Gaza coincided with a series of rockets fired by Gazan militants toward the Jerusalem area and southern Israel.
The Israeli military said at least six of the 45 rockets fired from the Gaza Strip were launched toward Jerusalem’s outskirts, where a house was hit.
At nightfall, the Israeli military carried out an airstrike in the northern Gaza Strip in response to the rockets attack.
Hamas militants claimed responsibility for the rocket fire, saying its military wing al-Qassam Brigades “struck occupied Jerusalem with a barrage of rockets.”
“Firing the rockets was a response to the occupier’s crimes and aggression against the holy city and harassing our people at Al-Aqsa Mosque and the neighborhood of Sheikh Jarrah,” said a masked spokesman.
The tension between Israelis and Palestinians has been flaring up over the past few days amid the escalating violence in East Jerusalem between Palestinian demonstrators and Israeli forces.
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