Vingroup
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Vietnam's Green SM enters India June 5 with 10,000 EV taxis, taking on Ola, Uber, Rapido
VinGroup's Green SM launches its electric taxi service at Bharat Mandapam on June 5, deploying 10,000 VinFast EV MPVs across Delhi-NCR with a company-owned fleet and salaried drivers. The Vietnamese major also plans 1,00,000 e-two-wheelers, escalating competitive pressure on incumbent ride-hailing players.
Business Today · Latest · 6/2/2026, 12:27:58 PM
Vingroup's Green SM lands in Delhi-NCR with cyan EV fleet, ₹35,000 driver guarantee
Vietnam's Green SM stages 1,500-2,000 VinFast EVs for a mid-June Delhi-NCR launch, scaling to 10,000-12,000 by FY27. ₹8/km fares and ₹35,000 guaranteed monthly driver income undercut Uber and Ola, doubling as a shopfront for VinFast's $2 billion India EV ecosystem and 150,000-unit Thoothukudi plant.
The Hindu BusinessLine · 5/23/2026, 3:37:17 AM