August 5, 2026
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Ola and Uber get a new EV rival as Vietnam’s Vingroup launches all-electric cab service in India

  • June 6, 2026
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Vietnam-based electric mobility firm Inexperienced SM has launched its ride-hailing service in India, beginning operations in Delhi NCR because it seeks to broaden in one of many world’s

Ola and Uber get a new EV rival as Vietnam’s Vingroup launches all-electric cab service in India


Vietnam-based electric mobility firm Inexperienced SM has launched its ride-hailing service in India, beginning operations in Delhi NCR because it seeks to broaden in one of many world’s largest city transport markets.

The corporate, backed by Vingroup, will function an all-electric fleet utilizing the VinFast Limo Inexperienced, a seven-seater electrical automobile designed for passenger transport. The launch marks Inexperienced SM’s entry into its fifth market after Vietnam, Laos, Indonesia and the Philippines.

Based in 2023 by Vingroup chairman Pham Nhat Vuong, Inexperienced SM operates solely with VinFast electrical automobiles, together with electrical vehicles and two-wheelers.

In India, the corporate will initially function in key areas of Delhi NCR earlier than increasing its service protection in phases, relying on buyer demand. Passengers can e-book rides by way of the Inexperienced SM app, contact a hotline, or hail automobiles instantly in areas the place the service is obtainable.

To draw early customers, Inexperienced SM is providing a reduction of fifty%, as much as Rs 250 per experience, on app bookings made between 5 and 11 June.

In contrast to many ride-hailing platforms that join passengers with impartial drivers, Inexperienced SM owns and operates the automobiles on its platform. The corporate stated its drivers have been skilled in electrical automobile operations, highway security and customer support.

The VinFast Limo Inexperienced automobiles are outfitted with inside and exterior cameras, AI-enabled monitoring techniques and emergency assist buttons for drivers and passengers.

Nguyen Van Thanh, GSM International CEO, stated, “India is without doubt one of the most vital mobility markets on this planet. Its scale, fast development, and powerful spirit of innovation are opening up many alternatives for the way forward for inexperienced transportation. We come to India with respect for the market, confidence in its long-term potential, and a dedication to working intently with native companions. Inexperienced SM hopes to carry high-quality totally electrical rides to prospects, whereas contributing to broader entry to secure, dependable, and extra sustainable mobility decisions. We imagine belief is a very powerful basis for long-term development. That is additionally what Inexperienced SM hopes to construct with prospects, companions, and communities in India within the years forward.”

India’s altering EV ride-hailing market

Inexperienced SM is coming into India at a time of change for the nation’s electrical ride-hailing sector.

The phase had included BluSmart, one of many nation’s most outstanding electrical cab operators, earlier than it suspended operations in 2025. Its decline adopted regulatory motion involving Gensol Engineering promoters Anmol Singh Jaggi and Puneet Singh Jaggi, whom the SEBI accused of misusing firm funds.

Since then, smaller EV-focused mobility operators have sought to broaden, whereas bigger ride-hailing platforms corresponding to Uber, Ola and Rapido proceed to compete within the broader market.

Industrial mobility has turn out to be a key space for electrical automobile adoption in India, helped by decrease operating prices, coverage assist for cleaner transport and rising demand for lower-emission city journey.

A part of VinFast’s wider India plans

Inexperienced SM’s launch comes as VinFast expands its presence in India.

The Vietnamese electrical automobile maker inaugurated its manufacturing facility in Thoothukudi, Tamil Nadu, in 2025. The corporate has outlined deliberate investments of as much as Rs 16,000 crore, together with an extra $500 million dedication introduced later within the 12 months.

The plant is anticipated to have an preliminary annual capability of fifty,000 automobiles, with scope to scale as much as 150,000 items.

VinFast has additionally signalled plans to introduce electrical two-wheelers in India. In Vietnam, its two-wheeler portfolio consists of fashions corresponding to Vero X, Feliz, Evo Grand and Klara Neo.

Inexperienced SM’s use of VinFast automobiles might give the corporate a procurement benefit if VinFast scales native manufacturing in India.

The corporate has indicated that it could discover enlargement to different main Indian cities over the long run, together with Mumbai, Bengaluru, Hyderabad, Kochi and Chennai.