Green & Smart Mobility JSC, a Vietnamese electric-vehicle (EV) taxi operator, is considering an international initial public offering (IPO) that could significantly boost its profile on the global stage. The company, owned by Vietnam’s wealthiest individual, has yet to finalize plans but is reportedly evaluating the possibility of going public in international markets.
The company has rapidly expanded within Vietnam’s growing EV taxi segment, leveraging government policies that support sustainable transportation. An IPO could provide Green & Smart Mobility with additional capital to fund further expansion and technological development, aligning with broader trends toward environmentally friendly transportation solutions.
If the IPO proceeds as planned, analysts estimate the company could achieve a valuation of around $20 billion. This figure underscores the rising investor interest in EV companies, particularly those with strong regional growth prospects and a dominant market position in Vietnam.
Green & Smart Mobility’s potential listing highlights Vietnam’s accelerating shift toward clean energy and sustainable mobility. The company’s decision to explore international markets signifies its ambition to become a leading player in the EV ride-hailing sector across Southeast Asia and beyond.