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

VinFast announces new EV facility in India

Teslarati

. “We believe that investing in Tamil Nadu will not only bring considerable economic benefits to both parties but will also help accelerate the green energy transition in India and the region,” said Tran Mai Hoa, VinFast Global’s Deputy CEO of Sales and Marketing.

India 89
article thumbnail

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.

Vietnam 98
article thumbnail

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

Baua Electric

The company will make batteries for EVs at the plant in the city of Thoothukudi, one of the people said, adding that this was separate from its previously announced plans to assemble vehicles shipped in parts from Vietnam. VinFast, which competes with carmakers such as Tesla and China’s BYD, declined to comment.

India 40
article thumbnail

Yunnan Investment Group and BYD to open new energy vehicle plants in Southwest China

Green Car Congress

Yunnan Province, located in far southwest China, has a population of about 50 million, concentrated in about eight large cities, and borders with Myanmar, Laos, and Vietnam. Currently, the province’s main manufacturing industries are iron and steel production, copper-smelting and commercial vehicle production.

BYD 225
article thumbnail

Mobileye and WILLER partner to launch autonomous robotaxi service in Japan, Southeast Asia

Green Car Congress

Together, Mobileye and WILLER are seeking to commercialize self-driving taxis and autonomous on-demand shared shuttles in Japan, while leveraging each other’s strengths. Beginning in Japan, the companies will collaborate on the testing and deployment of autonomous transportation solutions based on Mobileye’s automated vehicle (AV) technology.

Japan 199