Company updateMint
Vinfast Green SM faces taxi union opposition in Bengaluru
Negative-14
GreyOak summary
Vinfast's Green SM, an all-EV ride-hailing service, received a license to operate in Bengaluru but faces opposition from local taxi unions. Unions allege the service will undercut auto fares, which range from ₹13 to ₹15 per km, by offering a minimum fare of ₹8 per km. The company plans an on-road debut in late November or early December.
What it affects
- EV transitionNegative -14
EV cab entry faces union oppositionRolling sentiment Positive +40
