Green SM Launches All-Electric Premium Taxi Fleet in Delhi NCR to Fill BluSmart Void
VinFast-backed Green SM enters Delhi NCR with a company-owned EV taxi service from June 5, 2026, targeting the gap left by BluSmart. Faces charging-infrastructure gaps, inconsistent driver payouts, and thin unit economics amid competition from Uber and Rapido.
What happened
Vietnamese EV mobility firm Green SM, backed by VinFast, launched an all-electric premium taxi service in Delhi NCR to fill BluSmart's void, but faces
Key facts
- June 5, 2026 launch
- 8-10 hours active/day
- 4 trips minimum
- 5-6 hrs battery backup
- ₹8,000/week
- ₹32,000/month
- 8 trips/day
- ₹400 avg ticket
Why this matters
Watch Green SM as both a partnership target for charging/fleet infrastructure and a competitive signal that the vacated BluSmart premium EV niche is now contested in Delhi NCR.
What to watch
- Fleet size and utilization rates 60-90 days post-June 5 launch
- Driver payout complaints or attrition surfacing on social/media
- Uber/Rapido competitive pricing or premium-tier response in NCR
- Charging infrastructure buildout announcements or delays
- Any expansion announcement to a second metro as scale signal
- VinFast India consumer vehicle launch timing tied to fleet visibility
- Secure charging depot partnerships or build captive charging hubs to de-risk fleet uptime
- Lock corporate and airport B2B contracts for stable premium demand
- Standardize driver payout structure to avoid early churn and reputational damage
- Deploy launch-period ride subsidies to seed BluSmart's orphaned rider base
- Signal multi-city roadmap to attract capital and VinFast synergy narrative
Also reported by
- Inc42 — Same time