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Automobiles

Vietnam's VinFast EVs enter ride-hailing with Grab rival Be Group

Vingroup chair finds new use for vehicles amid low deliveries in U.S., Vietnam

Vietnamese ride-hailer Be Group will go electric with VinFast scooters and cars in a fast-growing economy struggling to ditch fossil fuels. (Photo by Lien Hoang)

HO CHI MINH CITY -- VinFast electric vehicles are getting into the ride-hailing business through a deal between Vingroup's chairman and Vietnamese startup Be Group.

Pham Nhat Vuong, the founder of VinFast owner Vingroup, set up a new company called Green and Smart Mobility (GSM) that will supply electric motorbikes and cars and also invest in Be.

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