Vietnam’s automotive manufacturer VinFast is planning to launch electric cabs for the ride-hailing economy with an economy offers at a price starting from just ₹8 per kilometre in India. Such a move might mean a huge battle with the incumbent players. Around 1000 EVs have been parked at Noida following which it is the city where the launch of the electric cab services is scheduled to take place. The company would sensory the service and mass hiring of drivers has already been started.
Driver Recruitment Begins For ₹40,000 Per Month
The recruitment of drivers for the electric-cab service has begun at VinFast with a salary of ₹40,000 per month.
Vietnamese EV giant VinFast to launch ₹8/km electric cabs in India, 1,000 cars parked in Noida as driver hiring begin with Salary of Rs 40,000 per month pic.twitter.com/pAhJLNGaFX
— 🚨Indian Gems (@IndianGems_) May 19, 2026
Aiming For Affordable And Electric Mobility
The offer of price starting at ₹8 per kilometre is expected to make EV-based cabs affordable. This could raise the bar in pricing for ride-hailing services.
Ola And Uber Could Face New Competition
The coming of VinFast could mean new competition for the current operators. With a competitive price and a growing fleet of electric cabs the company could have a serious impact on the ride-hailing business. The expansion plan of the company could mean the launch of its services in all major cities in India once the market reacts to the company’s strategy.
