VinFast-linked GSM Launches US Service

Vietnamese electric taxi operator GSM has launched its all-electric ride-hailing service in Los Angeles, marking its first expansion into the North American market. The company plans further global growth alongside a potential public listing.

Xurve View
Insights:
A VinFast electric taxi, operated by GSM, a private company owned by VinFast's owner, passes by a street, in Hanoi, Vietnam April 7, 2024. REUTERS/Francesco Guarascio

Vietnamese electric taxi operator Green and Smart Mobility launched its ride-hailing service in Los Angeles, marking its first market entry into the United States. The expansion represents the company's ninth global market as it pushes beyond Asia and Europe. The rollout positions the brand for broader international scale ahead of a planned public offering.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.