Xanh SM maintains its leading position in the market with 39.85% market share in the first quarter of 2025

According to the latest report from multinational market research firm Mordor Intelligence, Xanh SM continues to maintain its leading position in the Vietnamese taxi & technology taxi market in the first quarter of 2025 with 39.85% market share, widening the gap with the second-placed unit, Grab (35.57%). This result not only demonstrates the steady growth of the Vietnamese pure electric technology taxi company, but also reflects the trend of prioritizing green transportation solutions among Vietnamese users.

According to the Vietnam ride-hailing and taxi market research report for the first quarter of 2025 from Mordor Intelligence, Xanh SM currently has a dominant advantage in terms of number of trips per day, average revenue (GMV) and customer satisfaction index.

A user survey in the first quarter of 2025 showed that Xanh SM was highly rated in terms of the following criteria: clean cars, polite drivers, simple booking operations and easy-to-use applications. In addition, equipment aimed at ensuring safety and customer benefits such as the active safety monitoring system (S2S) deployed synchronously on all vehicles also contributes to improving the level of reliability in the user experience.

Number 1 of Xanh SM has been predicted by many customers in the condition that the Vietnamese electric taxi company is increasingly popular in provinces and cities and receives many compliments for its service quality that is always guaranteed to meet 5-star standards.

Xanh SM continues to maintain its leading position in the Vietnamese taxi & technology taxi market in the first quarter of 2025 with 39.85% market share.

Not only providing a comfortable and safe travel experience, according to many customers, Xanh SM is increasingly becoming the only choice for many users because of its environmental friendliness. In the increasingly bad air pollution conditions, green taxis are the proactive choice of many Vietnamese customers to join hands for the environment.

In 2024, choosing Green SM has helped Vietnamese people reduce emissions by nearly 150 million kg of CO2, equivalent to the photosynthesis of 7 million trees in a year. This number corresponds to an area of ​​more than 2,300 hectares of planted forests.

Therefore, not only meeting user needs, the electric taxi model is also considered suitable to positively impact urban infrastructure, helping to reduce emissions, reduce noise and reduce traffic pressure. According to the National Strategy on Green Growth for the period 2021 - 2030, Vietnam aims to reduce greenhouse gas emissions in the transport sector by at least 30% by 2030. In which, electric vehicles and clean energy are one of the important pillars.

Most recently, Xanh SM continued to expand its network by joining hands with Taxi G7 - one of the famous taxi companies in Hanoi , bringing the total number of transport partners to nearly 100 units in 61 provinces and cities. Creating the largest green alliance ever is the strength that helps the company not only maintain but also increase the distance with the brands behind.

Vietnam.vn