GSM enters Lao electric vehicle ride-hailing service market

Sunday, Oct 15, 2023 18:33

A fleet of electric taxi is prepared to be transported to Lao market. — Photo courtesy of VinFast

Viet Nam’s Green and Smart Mobility JSC (GSM) has imported 150 VinFast electric cars into the Lao market in preparation to launch its electric taxi service under the brand Green SM.

The event marked an important milestone in its development journey towards becoming a leading regional and global ride-hailing service. This momentous occasion also demonstrated GSM’s commitment to promoting the use of electric vehicles among consumers.

Green SM plans to introduce its electric taxi services in Laos by 2023, with 1,000 VF 5 Plus and VF e34 electric cars making up its fleet. Initially, the company will focus on expanding its electric taxi services.

Furthermore, GSM aims to provide a complete service ecosystem, including electric vehicle lease and more advanced services like package car rental, travel and personalised car rental.

GSM Laos will not only focus on its corporate-owned business but also engage in B2B activities, including the sale and lease of VinFast electric cars. This model has already been successfully implemented in Vietnam.

GSM seeks to promote the use of eco-friendly vehicles in everyday life in Laos through a diverse approach. By introducing the Green SM Taxi, GSM not only provides the locals with noiseless and emission-free transportation, but it will also promote the VinFast brand in the regional market.

Laos, a country neighbouring Vietnam, has a strong focus on promoting and encouraging the widespread use of electric vehicles. The country aims to boost the adoption of electric vehicles to 30 per cent and establish 200 public charging stations across its territory by 2030. As of the end of 2022, there were 1,326 registered electric vehicles in Laos, according to the Lao Ministry of Public Works and Transport.

Furthermore, in the first four months of 2023, an additional 526 electric cars were imported into the country. The development of the charging station network in Laos is currently underway, with 17 stations already operational. — VNS

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