Green SM, a Vingroup unit that operates 20,000 electric cars and 60,000 motorbikes across Vietnam, Laos, Indonesia, the Philippines, India and Kazakhstan, has entered the European market with an electric taxi service in Copenhagen. The company directly owns and manages a fleet of VinFast VF 6 and VF 8 EVs, contrasting with ride-hailing platforms that connect passengers with independent drivers. The announcement was made in August 2026, with Green SM citing Copenhagen's leadership in sustainable urban mobility as the reason for choosing Denmark as its first European market.
Why it matters: A captive fleet of owned and managed EVs entering a mature European city signals potential charging infrastructure demand from a single operator, offering procurement teams a clearer counterparty than fragmented gig-driver networks. Green SM's existing scale across six Asian markets suggests the Copenhagen rollout may be a template for further European expansion, creating multi-site opportunities for charge point operators.

