Vietnam’s Green SM enters Delhi-NCR with 1,000 VinFast electric cabs
Green SM has launched its Green SM Limo premium EV cab service in Delhi-NCR with about 1,000 vehicles, targeting an eventual 10,000-vehicle fleet. The company-owned model, charging network and Routematic partnership position it against Uber, Ola and the gap left by BluSmart.
What happened
Vietnam’s Green SM launched premium electric cab service Green SM Limo in Delhi-NCR with roughly 1,000 VinFast EVs, targeting 10,000 eventually. Its
Key facts
- Green SM Limo launched in Delhi-NCR with about 1,000 electric vehicles
- Green SM plans to eventually scale to 10,000 vehicles in Delhi-NCR
- India ride-hailing market generated an estimated $2.5 billion revenue in 2025
- BluSmart operated more than 8,000 electric taxis and held about 9% of the Delhi market before suspending operations
- VinFast Green Series represented 25% of VinFast global EV deliveries in Q3 2025
Why this matters
The Routematic partnership and owned charging model make Green SM a potential mobility partner or competitive threat for automakers, charging providers and corporate-transport platforms seeking EV scale in Delhi-NCR.
What to watch
- Monthly active fleet versus the 1,000-vehicle launch base and the pace of additions toward 10,000.
- Ride availability, cancellation rates, airport wait times and fare premiums versus Uber, Ola and remaining EV-focused alternatives.
- New charging-depot announcements, electricity-demand agreements and charger uptime disclosures in Delhi-NCR.
- Routematic enterprise-client wins, corporate travel contracts and integrations with hotels, airports or office parks.
- Uber/Ola EV fleet incentives, airport fare changes, driver commissions and corporate mobility promotions.
- VinFast vehicle delivery volumes, service-center expansion, financing support and spare-parts availability in India.
- Regulatory changes affecting aggregator licensing, EV permits, airport access, parking or commercial charging.
- Prioritize airport, corporate commuter, hotel and business-district routes where predictable demand improves charging and fleet utilization.
- Use the Routematic partnership to secure enterprise contracts, recurring rider volumes and employer-funded mobility programs before broad consumer discounting.
- Build or contract high-throughput charging hubs near fleet depots, airports and major NCR employment corridors.
- Offer transparent EV-promise features such as no-cancellation guarantees, scheduled rides, clean-car standards and fixed airport pricing to differentiate from marketplace platforms.
- Expect Uber and Ola to expand EV-category supply and loyalty incentives; avoid matching citywide subsidy levels unless corporate utilization supports them.
- VinFast dealers, finance providers, charging operators and vehicle-maintenance networks may gain follow-on demand if Green SM demonstrates strong utilization.