VinFast Disrupts Indian Riden Hailing Space

Major development that promises to rewrite the rules of the highly competitive Indian ride-hailing market, Vietnamese electric vehicle (EV) powerhouse ** VinFast ** has announced plans for a massive, fleet-led mobility play in India. Operating under the banner of ** Green SM (Green and Smart Mobility) ** , the electric taxi arm backed by Vietnam's sprawling Vingroup ecosystem, the company is launching an aggressive all-electric taxi service aimed at capturing a significant chunk of urban transit.
The service is slated to make its initial debut in the Delhi-NCR region before expanding deeper into primary economic hubs, including Bengaluru and Hyderabad. With an initial launch of 1,000 electric vehicles hitting the roads, Green SM has laid down an ambitious blueprint to rapidly scale its footprint to 15,000 vehicles by the end of 2026.
A Shift from Aggregator to Company-Managed Fleet
Unlike established mobility giants such as Ola and Uber, which function primarily as technology aggregators matching independent drivers with passengers, Green SM is introducing a strict fleet-owned and company-managed operational model. Under this approach, Green SM will retain direct ownership of the entire vehicle fleet and hire drivers as full-time company employees.
Company executives emphasize that this structure allows for meticulous quality control. From vehicle upkeep and air-conditioning performance to charging discipline, driver behavior, and peak-hour vehicle availability, every component of the ecosystem will be managed directly. To attract talent in the competitive commercial driving landscape, Green SM has initiated aggressive driver-partner onboarding campaigns in the Delhi-NCR region, promising structured monthly earnings of up to ₹40,000 alongside comprehensive health insurance and performance-linked incentives.