DAYMAK
ActiveOverview
Daymak is a Canadian distributor and developer of light electric vehicles (LEVs), including e-bikes, e-scooters, mobility scooters, and off-road EVs, headquartered in Toronto. Established in 2001 or 2002, it has sold over 100,000 units through a network of 200-300 dealers, including major retailers like Walmart and Best Buy, and is noted for innovations such as the first fully wireless e-bike and solar-powered models.1234
History
Daymak was founded by Aldo Baiocchi in 2001 or 2002 after he imported electric scooters to fill a market gap in Canada, naming the company after his family. It became the first to bring emission-free LEVs to the Canadian market and benefited from a 2007 e-bike pilot program that boosted the sector. Key milestones include surpassing 100,000 vehicles sold, achieving EBITDA positivity since 2015, and launching the high-end Avvenire line in 2020 with solar-charging micro-mobility vehicles planned through 2025.123
Product Lines
| Product Line | Positioning | Price Range |
|---|---|---|
| Beast ATV (off-road) | rugged all-terrain electric vehicle | $2,000 - $5,000 |
| Boomerbeast 2 (ATV) | powerful off-road e-ATV | $2,500 - $6,000 |
| Vermont (e-bike) | standard commuter e-bike | $1,000 - $2,500 |
| Recumbent FT (recumbent) | comfort-focused recumbent trike | $1,500 - $3,000 |
| Avvenire Terra (high-end e-bike) | long-range solar e-bike | $3,500 - $10,000 |
| Avvenire Foras (enclosed e-bike) | covered recumbent with camera | $5,000 - $15,000 |
Manufacturing
Daymak operates manufacturing facilities in Toronto, Canada, producing vehicles like the Avvenire line described as made-in-Canada. It develops products in-house, including innovative technologies such as wireless power platforms and solar charging systems.124
Notable Products
- Beast ATV - All-terrain electric vehicle with solar trickle charging.
- Avvenire Terra - High-end e-bike with 100 km range and solar charging.
- Avvenire Foras - Enclosed recumbent e-bike with backup camera.
- Boomerbeast 2 - Powerful off-road e-ATV.
- Vermont - Recumbent e-bike model.
Reputation
Daymak is recognized by enthusiasts for its innovative designs like solar-powered and wireless e-bikes, affordable variety, and leadership in Canada's LEV market. Professionals note its strong distribution network and sales volume, but some view it as focused on mid-range products with the Avvenire line marking a shift to higher-end offerings.123
Sources (5)
- https://www.pocket-bikes.daymak.com/investors.html
- https://electricautonomy.ca/news/2020-12-01/daymak-avvenire-canada-light-evs/
- https://forums.electricbikereview.com/threads/daymak-headquarters-and-ebike-universe-tour-with-founder-aldo-baiocchi-in-toronto-canada.3456/
- https://www.zoominfo.com/c/daymak-inc/31837183
- https://www.frontfundr.com/daymak