Vingroup's Electric Taxi Service Dominates Vietnam, Expands to Philippines

Vingroup's electric vehicle taxi service, Green and Smart Mobility, has dominated the Vietnamese market since its launch two years ago and has now expanded to the Philippines with a 2,500-vehicle fleet. The service's app was downloaded over 100,000 times within a few hours of its launch in metro Manila.

Green and Smart Mobility (Green GSM), a Vietnamese ride-hailing firm, has announced a significant investment in the Philippines, marking its entry into the country's public utility vehicle sector. The company has pledged a $1 billion investment, which is projected to create up to 70,000 jobs nationwide [1].

On Tuesday, Green GSM deployed an initial fleet of 2,500 all-electric VinFast vehicles across Metro Manila. The Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) stated that this represents the first phase of operations, with an initial investment of $500 million [1].

The Philippine government aims to increase the number of electric vehicles (EVs) on the road to 2.4 million by 2028 and achieve a 50% EV adoption rate by 2040. Green GSM's entry aligns with these efforts, promising to modernize the country's public transport system [1].

Green GSM's fleet will include the VinFast VF 5, a compact electric vehicle (EV) with a range of 326 kilometers. The company will operate a hybrid model of taxi services, combining manual hailing and app-based bookings, with drivers either employed full-time or partnering with Green GSM [1].

The initial $500 million investment will support the operations of the 2,500 vehicles, including expenditures for office buildings, salaries, charging stations, and taxi garages. Over the next three years, Green GSM plans to expand its operations, potentially growing to 70,000 employees and drivers [1].

Green GSM's entry into the Philippine market is backed by automotive manufacturer VinFast. The company's operations are expected to set new benchmarks in safety, service quality, and environmental sustainability. The service's app was downloaded over 100,000 times within a few hours of its launch in Metro Manila [2].

Green GSM has chosen the VinFast Nerio Green, a variant of the e34, as its main transporter. The Nerio Green is equipped with 6 airbags, ABS with EBD, vehicle stability control, and a 41.9 kWh lithium-ion battery. The vehicle also features a S2S (Secure to Safe) active monitoring system, which includes surveillance cameras and AI-powered analysis for real-time monitoring and emergency alerts [2].

The company aims to service fares around Metro Manila and the nearby provinces of Laguna and Bulacan, with plans to expand its operations in the future. Green GSM's partnership with R&E Taxi, Manila's largest taxi service company, will facilitate the deployment and maintenance of its EV fleet [2].

In summary, Green and Smart Mobility's expansion to the Philippines signifies a significant investment in the country's public transport sector. With a focus on safety, service quality, and environmental sustainability, Green GSM is poised to modernize the Philippine transport landscape and create numerous job opportunities.

References:
[1] https://www.bworldonline.com/corporate/2025/06/11/678375/vietnamese-ride-hailing-firm-enters-phl-with-1-b-plan/
[2] https://cleantechnica.com/2025/06/10/vinfast-ev-taxis-now-in-manila/