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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.

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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. Prices have fluctuated from as high as $93 to as low as $17.24 VinFast reported 11,300 vehicle sales in the first half of 2023. Out of the 2.3

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VinFast (VFS) EV deliveries pick up in Q4 but not enough to beat its 2023 target

Baua Electric

Despite deliveries picking up all year, around two-thirds of VinFast’s Q2 and Q3 sales were to Green and Smart Mobility (GSM). VinFast’s parent company, VinGroup, established GSM , an EV rental and taxi company, last March to expand its electric cars and scooters in Vietnam. Share prices are now down around 93% from the ATH.

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