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Green SM launches all-electric taxi service in Los Angeles, expanding its global footprint.

Market News
14 Oct 2026
GlobeNewsWire
View Source
Bullish
Green SM launches all-electric taxi service in Los Angeles, expanding its global footprint.

Green SM has officially launched its all-electric taxi service in Los Angeles, marking its first entry into the U.S. market and ninth globally. The service features a 100% electric fleet of VinFast vehicles, professional drivers, and transparent pricing, aiming to provide a greener, comfortable, and reliable ride experience. To attract new customers, Green SM offers significant discounts and a membership with fare vouchers. This launch is part of Green SM's broader international expansion and commitment to sustainable mobility, with plans to grow its local team and contribute to greener transportation in the region.

Green SM's launch of an all-electric taxi service in the U.S. offers context for consumer cyclical stocks. For readers following this sector, here is Pluang's market snapshot as of Oct 14, 2026 23:21 WIB: out of 134 priced US consumer cyclical stocks, 26 rose and 108 fell. Notable movers include CPNG at USD 14.43 with a -4.56% change, LCID at USD 3.21 with a -4.47% change, and LI at USD 11.23 with a -4.43% change.

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