Vingroup's Green SM lands in Delhi-NCR with cyan EV fleet, ₹35,000 driver guarantee

Vietnam's Green SM stages 1,500-2,000 VinFast EVs for a mid-June Delhi-NCR launch, scaling to 10,000-12,000 by FY27. ₹8/km fares and ₹35,000 guaranteed monthly driver income undercut Uber and Ola, doubling as a shopfront for VinFast's $2 billion India EV ecosystem and 150,000-unit Thoothukudi plant.

— Source publishedSat, 23 May, 2026, 08:55 IST·First seen Sat, 23 May, 2026, 09:06 IST·Source The Hindu BusinessLine

What happened

Vingroup's Green SM prepares mid-June India launch of cyan EV ride-hailing fleet in Delhi-NCR, offering ₹35,000 guaranteed driver income and ₹8/km fares,

Key facts

  • 1,500-2,000 vehicles staged
  • 10,000-12,000 vehicles FY27
  • ₹8 per km
  • ₹35,000 driver guarantee
  • ₹50,000 potential earnings
  • $2 billion VinFast India investment
  • 150,000 vehicles annual capacity

Why this matters

Vingroup's cyan fleet is really a go-to-market wedge for VinFast's Thoothukudi plant, opening partnership angles in charging, fleet leasing, and EV servicing before the 10,000-vehicle FY27 ramp.