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Green SM Launches EV Ride-Hailing Service in Los Angeles with VinFast Fleet

Green SM, a pioneering electric ride-hailing company, has officially commenced operations in Los Angeles, challenging established giants with a unique business model focused on employee drivers and a dedicated fleet of electric vehicles.

Revolutionizing Urban Mobility: Green SM's Electric Vision for Los Angeles

Green SM's Distinctive Approach to Ride-Hailing in Los Angeles

On October 13, Green SM inaugurated its Los Angeles service with a substantial fleet of 500 VinFast VF 8 electric vehicles. Unlike traditional ride-hailing platforms that rely on independent contractors and their personal cars, Green SM distinguishes itself by owning its entire vehicle fleet and employing full-time drivers. This model aims to offer a more consistent and higher-quality service.

The 500-Strong VinFast VF 8 Fleet in the City of Angels

Green SM's inaugural fleet in Los Angeles consists exclusively of 500 VinFast VF 8 electric SUVs. These five-seater vehicles are central to the company's commitment to zero tailpipe emissions. The company's operations extend across Los Angeles County and into Orange County, marking its first foray into the US market after successful expansions across Asia and Europe since its 2023 launch in Vietnam. Globally, Green SM has facilitated approximately 850 million rides.

Accessing Green SM Services and Fare Structure

Customers can book a Green SM vehicle via the dedicated mobile application, by calling the company's hotline, or by hailing a car directly on the street. The pricing model is dynamic, adjusting based on time and distance, with initial reports suggesting fares are comparable to Uber Comfort rates. Green SM also plans to offer airport transportation services, though specific details regarding permits and operational timelines for Los Angeles International Airport are yet to be announced.

Prioritizing Driver Employment and Service Quality

A cornerstone of Green SM's strategy is its employment of all 500 drivers as full-time staff. Each driver undergoes a rigorous selection, training, and onboarding process, ensuring a standardized and professional service experience. This contrasts sharply with the gig-economy model, where drivers manage their own vehicles and schedules.

Commitment to Driver Welfare and Customer Trust

Green SM provides its drivers with company-owned vehicles, comprehensive maintenance, and professional training. This approach ensures drivers operate on predictable schedules with employer-backed benefits, a significant departure from the variable income often associated with gig work. Hoang Thanh Hang, Green SM's US chief executive, emphasized that this model is not merely a fleet upgrade but a strategic effort to build trust with customers, drivers, and local communities through consistent quality and intentional customer interactions.

Promotional Offers and the Competitive Landscape of Electric Ride-Hailing

To attract new users, Green SM is offering initial promotions, including a 50 percent discount (up to $12) on the first five rides and a Green Pass membership providing 10 monthly vouchers for 30 percent off (up to $10 per ride). The company plans to continuously expand its Los Angeles team as demand grows. This launch occurs in an increasingly competitive market, with the expansion of robotaxi services like Waymo One and Uber's ongoing electrification initiatives highlighting the dynamic evolution of electric ride-hailing in Southern Californi

Elon Musk Foresees 'Sentient' Tesla Roadster and Custom Stunt Track

Elon Musk, the visionary behind Tesla, recently made bold claims about the forthcoming Roadster, stating it would possess a form of "sentience" allowing it to execute intricate stunts autonomously. This assertion was made on October 17, following the vehicle's public debut at SpaceX's McGregor, Texas facility. Furthermore, Musk tantalized enthusiasts with the prospect of a dedicated, high-thrill track at Tesla's Texas headquarters, designed for owners to put their Roadsters through their paces.

The specific mechanisms enabling these autonomous capabilities and the timeline for the track's completion have not yet been disclosed by Tesla. However, Musk's pronouncements have ignited significant interest in the future possibilities of the high-performance electric car.

At its unveiling on October 15, the Roadster showcased a series of remarkable maneuvers. An unpiloted model ascended a steep incline using suction, traversed a surface inverted, executed an aerial flip, and utilized thrusters for a precise upright landing. Tesla revealed that these feats were accomplished through a system of ten nozzles and high-pressure air tanks. This advanced thruster setup, inspired by SpaceX's spacecraft attitude control, reportedly generates substantially more force than the vehicle's tires alone, enabling the car to vault over obstacles such as parked vehicles and a semi-truck.

Despite these impressive demonstrations, the practical implementation of a "sentient" mode that owners could activate at will remains an open question. Tesla has yet to elaborate on the self-driving technology required for the vehicle to independently identify ramps, calculate flight trajectories, and manage landing zones without human intervention.

The proposed looping track at Giga Texas, Tesla's Austin-area facility, is another intriguing but largely conceptual detail. Musk described it as a "wild looping track, crazier even than Hot Wheels," yet provided no specifics regarding its size, design, construction costs, or an estimated opening date. The Roadster itself faces a projected production timeline in the late 2020s, with some sources indicating 2028. The specialized "Rocket package" for the flying stunts is reportedly an invite-only option, suggesting it won't be universally available to all buyers.

The base model of the Roadster is still promoted as a top-tier performance vehicle, boasting an acceleration of zero to sixty miles per hour in approximately 1.9 seconds, a top speed around 250 mph, and an estimated range of 620 miles. These performance figures are distinct from any confirmed stunt package, and the current demonstrator car is not street-legal. Crucially, questions persist about track access—whether it will be open to all Roadster reservation holders or exclusively to Rocket package purchasers—and how Tesla intends to oversee autonomous stunt runs within a controlled environment, particularly concerning safety regulations and liability for any potential mishaps.

Elon Musk's vision for the Tesla Roadster extends beyond conventional automotive performance, promising a future where vehicles possess a degree of autonomy that allows them to perform complex stunts. While many aspects of this futuristic concept remain speculative, the introduction of a specialized stunt track at Giga Texas and the notion of a "sentient" car highlight Tesla's ongoing commitment to pushing the boundaries of automotive innovation and driver experience.

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Porsche: No Electric Supercars Due to Lack of Demand

Porsche has declared its intention not to develop a completely electric iteration of its forthcoming mid-engine supercar, attributing this decision to an absence of consumer interest in this high-performance category. Despite its broader commitment to electric vehicles, evidenced by models such as the Taycan and Macan, and the planned electric 718 Boxster and Cayman, the luxury automaker perceives a distinct market preference among supercar buyers for conventional internal combustion engines or hybrid solutions.

The CEO of Porsche underscored this position, emphasizing that the current market for top-tier supercars does not exhibit sufficient demand for a purely electric variant. This perspective highlights a divergence in electrification strategies across different vehicle segments, even within the same brand. While mainstream electric vehicles gain traction, the ultra-luxury performance sector appears to remain anchored to the sensory experiences provided by traditional powertrains.

This strategic choice by Porsche aligns with similar observations from other prominent manufacturers in the exclusive supercar domain. Lamborghini's CEO has previously characterized electric vehicle development as an 'expensive hobby' in this segment, suggesting that the target clientele is not yet ready for a full transition to electric propulsion. Similarly, Pagani, another esteemed builder of high-performance machines, reportedly abandoned its plans for an electric Utopia model after feedback from dealers and customers indicated a clear disinterest.

The resistance to fully electric powertrains in supercars stems from a complex interplay of factors, including the desire for specific auditory feedback, immediate throttle response, and the overall character associated with a high-revving engine. For many enthusiasts and collectors in this niche market, these elements are integral to the supercar experience, often outweighing the performance advantages that electric drivetrains can offer, such as instant torque and rapid acceleration.

The lukewarm reception of electric hypercars, such as the Rimac Nevera, further illustrates this market trend. Despite its groundbreaking technical specifications and extreme performance capabilities, the Nevera reportedly achieved only a fraction of its intended sales targets. This suggests that even extraordinary speed and advanced technology are not always enough to sway affluent buyers who prioritize the emotional connection and traditional attributes of a combustion engine in their multi-million dollar performance vehicles.

As the automotive industry continues its journey toward electrification, the luxury supercar segment stands out as a unique challenge. While Porsche and its counterparts are innovating with hybrid technologies to meet evolving environmental standards, their commitment to internal combustion and hybrid systems for their flagship models reflects a pragmatic response to current market realities. The enduring allure of the gasoline engine's roar and dynamic response continues to hold sway, signaling that the complete electrification of the supercar landscape may still be some time away.

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