Green SM
Green SM is expanding in Delhi-NCR, where it launched Green SM Limo with about 1,000 electric vehicles and plans to eventually scale to 10,000 (ET Small Business, 21 Sept). It has also leased 1,050 parking bays in Greater Noida for ₹15.5 crore (Business Standard, 1 Sept).
What it means Uber and Ola face a company-owned, premium EV fleet competitor, and the gap left by BluSmart now has a well-funded claimant.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: Green SM’s 1,000-cab Delhi-NCR launch raises the competitive bar for EV fleet scale, charging reliability and premium service execution as it targets the demand gap left by BluSmart.Reported: Green SM has launched its Green SM Limo premium EV cab service in Delhi-NCR with about 1,000 vehicles, targeting an eventual 10,000-vehicle fleet. The company-owned model, charging network and Routematic partnership position it against Uber, Ola and the gap left by BluSmart.Watch:
- Reported: Green SM's vertically-integrated playbook—captive Vinfast supply, in-house fleet ops, and a Tamil Nadu assembly base—lets it scale to 10,000 EVs faster than any asset-light rival could replicate.Reported: Vingroup's ride-hailing arm Green SM has launched premium EV taxis in Delhi using 1,000 seven-seater Vinfasts, with plans to scale to 10,000. The service plugs the gap left by Blusmart's collapse while doubling as a showroom for sister firm Vinfast's $500M India play, including a Tamil Nadu plant assembling 12,000 vehicles.Watch:
Background
From 5 stories, the newest dated 21 Sept 2026. Summary written 4 Oct 2026.
Green SM is a Vietnam-based electric ride-hailing operator owned by Vingroup and a sister company of VinFast. [1] source: The Ken
Show 3 more paragraphs and 5 sources
In India it runs Green SM Limo, a premium electric cab service in Delhi-NCR that uses VinFast vehicles. [2] source: ET Small Business It operates a company-owned fleet with its own charging ecosystem. [2] source: ET Small Business The Ken reported that the service also acts as a sales channel for VinFast's India operations. [1] source: The Ken
The Ken reported in June 2026 that Green SM launched in Delhi with 1,000 Vinfast seven-seaters. [1] source: The Ken ET Small Business reported in September 2026 that Green SM Limo runs in Delhi-NCR with roughly 1,000 VinFast EVs and targets 10,000 eventually. [2] source: ET Small Business IndianWeb2 reported in September 2026 that it charges a fixed fare of ₹8 per km with no surge pricing. [3] source: IndianWeb2 In September 2026, Green SM leased 1,050 EV parking bays and charging-station space in Greater Noida in a five-year deal worth ₹15.5 crore, including 5 containerised charging stations. [4] source: Business Standard It is also scaling office capacity across Gurugram and Noida. [4] source: Business Standard
Green SM has a partnership with Routematic. [2] source: ET Small Business It is positioned against Uber and Ola, and against the void left by BluSmart. [2] source: ET Small Business[3] source: IndianWeb2 Mahindra Logistics' Alyte, which plans about 350 EVs in FY27, and Trevel are named as competitors in premium electric mobility in Delhi-NCR. [5] source: The Hindu BusinessLine
Sources
Questions about Green SM
What are Green SM's expansion plans?
Green SM launched in Delhi-NCR with about 1,000 VinFast EVs and plans to scale to 10,000 vehicles there. [2] source: ET Small Business In September 2026 it leased 1,050 EV parking bays in Greater Noida and is scaling office capacity across Gurugram and Noida. [4] source: Business Standard
Who owns Green SM?
Green SM is owned by Vingroup and is a sister company of VinFast, according to The Ken's June 2026 report. [1] source: The Ken
What is Green SM's current strategy in India?
In September 2026 Green SM launched Green SM Limo in Delhi-NCR with roughly 1,000 VinFast EVs on a company-owned fleet model. [2] source: ET Small Business It offers a fixed ₹8-per-km fare without surge pricing. [3] source: IndianWeb2 It also leased 1,050 EV parking bays in Greater Noida for ₹15.5 crore. [4] source: Business Standard
Who are Green SM's main competitors?
Green SM competes with Ola and Uber in Delhi-NCR and enters the gap left by BluSmart. [2] source: ET Small Business[3] source: IndianWeb2 Mahindra Logistics' Alyte and Trevel also compete in premium electric mobility there. [5] source: The Hindu BusinessLine
Stories that mention Green SM
2 stories
Green SM is named in these stories but is not their subject.