Roundup · Mobility & Logistics

Green SM launches electric taxis in Delhi NCR

What they do

Green SM is a vertically integrated electric taxi service backed by VinFast

It launched an all-electric taxi fleet in Delhi NCR on June 5, 2026

The model aims to drive EV demand while facing driver payout and charging challenges

Green SM launched an all-electric taxi service in Delhi NCR on June 5, 2026.
The company operates as a vertically integrated model where it owns vehicles and employs drivers directly.
Green SM controls the full service stack from authentication to onboarding for its operations.
The launch serves as a demand engine for parent company VinFast's EV inventory in India.
Drivers are required to work 8-10 hours daily with a minimum of 4 trips per day.
The service promises a weekly payout of ₹8,000 to drivers despite reports of inconsistencies.
Vehicle batteries provide a backup of 5-6 hours per charge during operation.
Limited company-owned charging hubs force drivers to use third-party stations due to reimbursement delays.

Green SM provides real-world testing data and branding for VinFast's entry into India.
VinFast entered the Indian market in August 2025 to establish its presence.
Analysts estimate 8 trips per day at ₹400 ticket size are needed for sustainability.
The model highlights the operational challenges of maintaining dedicated EV charging infrastructure.

Green SM offers ride-hailing services using exclusively electric vehicles in the Delhi NCR region.
The company owns its vehicle fleet rather than relying on independent contractor ownership models.
Drivers are employed directly by Green SM rather than operating as gig workers.
The business controls the entire customer journey from authentication to trip completion.
VinFast uses Green SM to generate institutional demand for its EV inventory.
The service collects real-world performance data to support VinFast's product development.
Charging infrastructure includes limited company-owned hubs in areas like Saket and Vasant Kunj.
Drivers avoid third-party stations due to out-of-pocket costs and delayed reimbursements.
The unit economics rely on high daily trip volumes to ensure financial sustainability.

Green SM plans to open new charging stations in Saket and Vasant Kunj.
The company aims to resolve driver payout inconsistencies and reimbursement delays.