article thumbnail

GSM officially launches Vietnam’s first pure electric taxi firm

Green Car Congress

Green and Smart Mobility Joint Stock Company (GSM) officially began operating the first pure electric taxi service in Vietnam: Green SM Taxi. Green SM Taxi will first operate in Hanoi, followed by a nationwide expansion to at least five provinces and cities this year, in line with the company’s strategic plan.

Taxi 284
article thumbnail

Over half of VinFast’s 1H23 sales were to parent company VinGroup’s taxi firm

Teslarati

It appears that over half of Vietnamese electric vehicle startup VinFast’s sales during the first half of 2023 were to a taxi firm that’s owned by VinGroup, the automaker’s parent company. billion shares are owned by Vietnam Investment Group and Asian Star, which are also owned by Vuong. Out of the 2.3

Taxi 68
article thumbnail

Vietnam’s VinFast to set up EV battery plant in India -sources – ET Auto

Baua Electric

VinFast said in a statement on Wednesday that it would reveal details of its plans at “an appropriate time” Vietnamese electric vehicle maker VinFast is set to open its first Indian manufacturing facility, where it will make batteries, in the southern state of Tamil Nadu, three people familiar with the matter said.

India 40
article thumbnail

Hyundai & Grab Want To Accelerate EV Adoption In Southeast Asia

CleanTechnica EVs

Hyundai and Grab, which provides taxis and rental cars in markets in Southeast Asia, are in the mood to electrify. The two companies plan to also push battery-as-a-service and EV financing forward. Down in Southeast Asia, the duo are partnering to offer more electric cars as rentals. But that’s not all!

Asia 141