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    Home»Lifestyle»Media OutReach Newswire»GSM marks its first global expansion milestone by entering into Lao electric vehicle ride-hailing service market
    Media OutReach Newswire

    GSM marks its first global expansion milestone by entering into Lao electric vehicle ride-hailing service market

    Kevin LeBy Kevin LeOctober 13, 2023No Comments3 Mins Read
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    HANOI, VIETNAM – Media Outreach – October 13, 2023 –
    JSC Vietnam for green and smart mobility. (GSM) imported 150
    VinFast electric cars on the Laotian market with a view to launching its electric taxi service under the Green SM brand. The event marked an important milestone in its development journey to become a regional and global leading ride-sharing service. This momentous occasion also demonstrated GSM’s commitment to promoting the use of electric vehicles among consumers.



    GSM Laos.jpg

    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. Additionally, GSM aims to provide a comprehensive service ecosystem, including electric vehicle rental and more advanced services such as package car rental, travel and personalized car rental.

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

    GSM objectives to promote the use of ecological vehicles in daily life in Laos through a diversified approach. By introducing the Green SM Taxi, GSM not only provides residents with quiet and emission-free transportation, but it will also promote the VinFast brand in the regional market.

    Vietnam’s neighboring country Laos places a strong emphasis on promoting and encouraging the widespread use of electric vehicles. The country aims to increase the adoption of electric vehicles to 30% and establish 200 public charging stations throughout its territory by 2030. At the end of 2022, there were 1,326 electric vehicles registered in Laos, according to the Lao Ministry of Public Works and Public Works. Transportation. Additionally, 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.

    Mr. Nguyen Van Thanh, CEO of GSM, said: “Laos is a neighboring country that shares many similarities with Vietnam in terms of culture and lifestyle, and is very open to electric vehicles. Laos is an ideal starting point for the international development of GSM. After Laos, GSM continues to expand its operations to other countries, as part of its commitment to “foster a green future for all”. Additionally, GSM aims to promote Vietnamese electric vehicles to global consumers.

    GSM was officially established and launched its ride-hailing service in April 2023 in Vietnam as the world’s first multi-platform green transportation model with a 100% electric vehicle fleet. After just 6 months on the market, GSM has seen remarkable growth, reaching the 6 millionth ride and winning praise from customers and transport companies.

    By the end of 2023, Green SM will expand its operations to 27 of Vietnam’s 63 provinces and cities, with a fleet of 30,000 electric taxis and more than 90,000 electric scooters.

    Not limited to Vietnam, GSM also plans to expand its reach beyond the region and become a global ride-sharing service company, starting with ASEAN markets. This effort aligns with its goal of fostering a green future for all.

    Hashtag: #GSM #GreenSM #ridehailing #electricvehicle #VinFast

    The issuer is solely responsible for the content of this announcement.



    Source: Media Outreach Newswire

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