Vietnam-based VinFast announced that Green SM has partnered with 75 transport companies and cooperatives in the Philippines to deploy up to 18,497 electric vehicles under a series of Memoranda of Understanding and deposit agreements. The deployment will support passenger transport operations across major Philippine cities including Metro Manila, Cebu, Davao, Iloilo, Cavite, Pampanga, Bacolod, Batangas, Baguio and Cagayan de Oro.
The fleet will primarily comprise VinFast VF 5/Herio Green and Limo Green electric vehicle models designed for ride-hailing and urban mobility services. The rollout will combine direct vehicle investments and long-term leasing arrangements, with phased deployment planned throughout 2026. The initiative also builds on Green SM’s earlier partnership with Xentro Group involving the deployment of 2,500 vehicles in the country.
The expansion forms part of Green SM’s broader Southeast Asia electrification strategy focused on integrating centralized EV mobility standards with local transport operators. The Philippines is emerging as a key market for sustainable transport solutions amid rising interest in electric mobility adoption across the region. The deployment is expected to strengthen the country’s urban mobility ecosystem while supporting the transition away from conventional fuel-powered transport fleets.
