VinFast taps GreenSM fleet to build early India EV sales momentum

Affiliate GreenSM contributed about 27% of VinFast’s 5,178 India deliveries so far in FY27, highlighting how captive fleet demand is supporting the Vietnamese automaker’s early scale-up as it invests up to $2 billion in local operations.

— Filed Thu, 30 Jul, 2026, 06:09 IST · Source Mint · Companies · Updated

VinFast is using affiliate GreenSM’s Delhi-NCR EV cab fleet to support early India volumes, with captive sales contributing about 27% of FY27 deliveries. The Vietnamese automaker, now fifth in India EV sales, is scaling local production and pursuing a $2 billion India investment plan.

Why this matters

The fleet contribution follows VinFast opening its largest India showroom in Chennai and planning 35 outlets across 27 cities. VinFast has also targeted 75 showrooms and 230 workshops despite a delayed EV inflection point.

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