Daoen

Based in China, Daoen is a developer of electric vehicles, focusing on innovative transport solutions that cater to urban commuters and small business operators. Daoen, founded in 2023 in Chengdu, China, specializes in developing electric vehicles. The company gained attention with its initial product, the EV61. Details regarding any pivots or changes in operations are not publicly available.

Daoen primarily focuses on the electric vehicle market with its flagship product, the EV61. This model offers substantial storage capacity of 6. 1 cubic meters and is priced at 71,800 yuan, providing a range of 170 kilometers on a single charge. The vehicle is designed with user-friendly features, including standard air conditioning, aimed at urban commuters and small businesses in China.

Daoen's revenue model is based on direct sales of its electric vehicles, particularly the EV61, priced at 71,800 yuan for entry-level models. Transactions occur directly with consumers, potentially through a network of authorized dealerships, facilitating broader market reach. The company may also offer additional services such as maintenance packages to enhance ongoing revenue streams. In March 2025, Daoen raised an undisclosed amount of venture funding from new investor Empower Investment.

The company plans to utilize this funding to support the development of new electric vehicle models and expand its reach into additional markets across China. Specific details on upcoming product launches or targeted geographic regions are not currently available.