Vingroup's Green SM launches EV ride-hailing in Delhi NCR, fills BluSmart void

VinFast-backed Green SM rolled out its Limo electric cab service in Delhi NCR using seven-seater EV SUVs, entering the gap left by BluSmart's collapse. Move is anchored by Vingroup's ₹16,000 Cr Tamil Nadu manufacturing bet with 50,000-vehicle annual capacity.

— Source publishedFri, 5 Jun, 2026, 14:46 IST·First seen Fri, 5 Jun, 2026, 14:49 IST·Source Inc42

What happened

Vingroup-owned EV ride-hailing arm Green SM launched Green SM Limo electric cab service in Delhi NCR using VinFast's seven-seater electric SUVs, entering

Key facts

  • 50% discount up to ₹250
  • ₹16,000 Cr investment
  • $2 Bn
  • $500 Mn
  • 50,000 vehicles annually
  • 1.5 Lakh units capacity
  • ₹60,500 E2W starting price

Why this matters

Green SM's Delhi NCR entry paired with Tamil Nadu manufacturing scale opens partnership angles for fleet operators, charging infrastructure players, and EV component suppliers seeking anchor offtake commitments.

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