Green and Smart Mobility (GSM) JSC, Vietnam's all-electric mobility service provider operating under the Xanh SM brand, on December 20 announced that it has established strategic partnerships with nine Indonesian partners to drive the green transport revolution in the region.

VOV.VN - Vietnam’s Green and Smart Mobility Joint Stock Company (GSM) officially launched its Xanh SM electric taxi service in Indonesia on December 18, marking the firm’s presence in its third country after Vietnam and Laos.

VOV.VN - Gojek, Indonesia-based ride-hailing firm of its parent company GoTo, announced that it will cease operations in Vietnam after more than six years of doing business there, starting from September 16, in a move to optimize its growth.

Vietnam’s ride-hailing market value is estimated at US$880 million in 2024 and expected to reach US$21.6 billion by 2029, growing at a compound annual growth rate of 19.5% during the forecast period, according to a recent report by India-based market research firm Mordor Intelligence.

VOV.VN - After being launched in Hanoi, the Xanh SM (Green - Smart - Mobility) taxi service of GSM Joint Stock Company, the first taxi service supplier using electric vehicles (EVs) in Vietnam, will continue to be implemented in Ho Chi Minh City on April 30.

The GSM (Green - Smart - Mobility) Joint Stock Company – the first taxi service supplier using electric cars in Vietnam - launched its Xanh SM taxi service in Hanoi on April 14.