Dat Bike, a home-grown electric motorbike manufacturer that secured a US$22 million Series B funding round on Sep 18, is one of the top choices for many GrabBike riders.

Instead of producing specialised EVs for delivery services or heavily investing in public charging infrastructure, it focuses on developing e-bikes that match the performance and price point of ICE models, which are capable of travelling long distances and operating for a full week without needing to recharge.

Dat Bike said it turned a monthly profit for the first time in August, and expects its revenue in 2025 to be 10 times higher than in the previous year. The company also plans to increase production from 30,000 units annually to about 100,000 units per year by the end of 2026.