Green SM plots airport, corporate, subscription push to challenge Uber, Ola, Rapido in India

VinFast-backed all-electric ride-hailer Green SM is broadening its India play beyond city rides into airport transfers, corporate mobility and subscription services, with e-two-wheeler hailing on the roadmap. Fleet of 1,000 EVs, ₹250 fares with 35% discounts, and ₹35,000 driver guarantees aim to undercut incumbents.

— Source publishedSun, 14 Jun, 2026, 23:51 IST·First seen Sun, 14 Jun, 2026, 23:56 IST·Source Business Standard · Companies

What happened

VinFast-backed Green SM plans to expand its India all-electric ride-hailing beyond city rides into airport transfers, corporate mobility and subscription

Key facts

  • 1,000 EVs
  • 35% discount
  • ₹250
  • ₹35,000 driver guarantee
  • 90% acceptance
  • 4.8 rating

Why this matters

An all-electric challenger with 1,000 EVs targeting corporate and airport verticals creates both a partnership opening for fleet/charging players and a competitive flag for incumbents like Uber, Ola, and Rapido to defend high-margin segments.