VinFast's Green SM launches EV cab service in Delhi-NCR at Rs 8/km, takes on Ola, Uber, Rapido
Vietnam's VinFast has rolled out its Green SM electric cab service in Delhi-NCR, undercutting incumbents at Rs 8/km. The company plans to deploy 10,000 electric MPVs across India and is recruiting drivers on Rs 35,000-45,000 monthly salaries with Rs 10 lakh accident cover, signalling a structured employer model versus the aggregator gig template.
What happened
Vietnam's VinFast launches Green SM electric cab service in Delhi-NCR at Rs 8/km, challenging Ola, Uber and Rapido. Plans 10,000 electric MPVs in India,
Key facts
- Rs 8/km
- Rs 35,000-40,000 monthly
- Rs 45,000
- 10,000 MPVs
- Rs 10 lakh accident cover
Why this matters
VinFast is bundling vehicle manufacturing, fleet ownership, and ride-hailing into one stack in India, opening partnership or acquisition angles in EV charging, fleet financing, and driver-management platforms before incumbents respond.