Vietnam's electric mobility giant Green SM has officially entered the Indian market, launching its premium all-electric taxi service, Green SM Limo, in the Delhi-National Capital Region. The service, backed by Vingroup, debuted on June 5, 2026, with an initial fleet of 1,000 electric vehicles, aiming to offer a sustainable and comfortable alternative to conventional cabs and app-based ride-hailing services.

Green SM Limo: What’s on Offer?

Green SM Limo positions itself as a premium electric taxi service, focusing on passenger comfort, safety, and environmental responsibility. The fleet comprises electric sedans and limousines, though the exact models have not been officially confirmed. Reports suggest the lineup includes the VinFast VF e34 and possibly the larger VF 8, both of which are already sold in Vietnam and are being evaluated for India.

The service is app-based, allowing users to book rides through the Green SM mobile application. Pricing is competitive with existing premium cab services, with an introductory offer of ₹10 per kilometer for the first month. The company has also announced a loyalty program for frequent riders.

Why Delhi-NCR?

Delhi-NCR was chosen as the launch market due to its high demand for ride-hailing services and the region's aggressive push toward electric mobility. The Delhi government has set a target of 25% EV sales by 2024 and has implemented policies to promote electric taxis, including subsidies and priority charging infrastructure. Green SM's entry aligns with these goals and adds a new player to the competitive market currently dominated by Ola, Uber, and local aggregators.

The company plans to expand to other Indian cities, including Mumbai, Bengaluru, and Hyderabad, within the next 12 months, subject to regulatory approvals and charging infrastructure readiness.

Market Context and Implications

India's electric taxi market is still nascent but growing rapidly. According to industry estimates, electric cabs account for less than 5% of the total ride-hailing fleet, but government incentives and falling battery costs are accelerating adoption. Green SM's entry could spur competition, leading to lower fares and better service quality.

However, challenges remain. Charging infrastructure in Delhi-NCR, while improving, is still patchy, especially in residential areas. Green SM has partnered with Tata Power and BPCL to set up dedicated charging stations for its fleet, with 50 fast-charging points already operational across the region. The company also plans to offer battery-swapping for compatible vehicles.

What This Means for Consumers

For passengers, Green SM Limo promises a premium experience with features like Wi-Fi, phone charging ports, and leather seats. The electric powertrain ensures quieter rides and zero tailpipe emissions, contributing to better air quality. The introductory pricing makes it an attractive option for daily commuters and airport transfers.

For car buyers, the launch signals growing confidence in electric vehicles as a viable commercial proposition. If you're considering an EV for personal use, the increasing availability of charging infrastructure and service networks is a positive sign. Check out our EV buying guide for tips on choosing the right electric car.

Future Outlook

Green SM's entry is a testament to the global interest in India's electric mobility story. The company has committed to investing ₹500 crore in the first phase, covering fleet acquisition, charging infrastructure, and technology development. If successful, it could pave the way for other international EV taxi operators to enter the Indian market.

The next few months will be critical as Green SM works to establish reliability and customer trust. The company has also hinted at introducing electric auto-rickshaws and last-mile delivery services in the future, further expanding its footprint.

Conclusion

Green SM Limo's launch in Delhi-NCR marks a significant milestone for India's electric taxi ecosystem. With a substantial initial fleet, competitive pricing, and a premium positioning, it has the potential to disrupt the ride-hailing market while promoting sustainable mobility. For consumers, it offers a new, greener choice for urban travel. Keep an eye on our latest launch coverage for updates on Green SM's expansion plans and other EV developments.

Frequently Asked Questions

What is Green SM Limo?

Green SM Limo is a premium all-electric taxi service launched by Vietnam's Green SM, backed by Vingroup, in Delhi-NCR with an initial fleet of 1,000 electric vehicles.

How much does Green SM Limo charge?

The introductory fare is ₹10 per kilometer for the first month, after which standard pricing will apply, competitive with other premium cab services.

Which cities will Green SM Limo operate in?

Currently, it operates only in Delhi-NCR, with plans to expand to Mumbai, Bengaluru, and Hyderabad within 12 months.

What electric cars does Green SM use?

The fleet likely includes VinFast VF e34 and VF 8 models, though official confirmation is awaited.

How can I book a Green SM Limo?

Bookings can be made through the Green SM mobile app, available on iOS and Android.

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Sources & References

Green SMelectric taxiEV serviceDelhi-NCRVingroupGreen SM Limo