Drivers joining Xanh SM do not need capital, still have cars to run, "money regularly" every day

Got a car to drive right away, costly

Drivers these days are focusing their attention on a "strange" policy: no capital is needed to still have cars running, and daily income is still steady. Xanh SM's "Entering Green, Donating Cars" program is considered a solution to the difficult problem of many newcomers.

Instead of having to prepare a large sum of money to buy a car, drivers only need to deposit from 3 million VND to receive the car, without borrowing capital or credit approval. In the case of participating in "Gasoline to Electricity", the actual amount is about 2 million VND.

After a maximum of 3 years and meeting sufficient conditions, drivers will own the car and be refunded the deposit. During this period, drivers only need to spend an extremely "wealthy" car rental fee, from more than 49,000 VND per day (for VinFast Evo and Feliz II lines).

Mr. Nguyen Hai Hoang, a service driver in Hanoi, affirmed that the valuable point of the special policy is to help workers start work immediately without being "blocked" by the capital problem. "Spending tens of thousands of VND per day on a car is very comfortable, even lower than gasoline money per day, almost not creating pressure. Running a few trips is enough to cover expenses, while after a while the car will be yours," he analyzed.

Agreeing, many drivers believe that the difference of this model lies in the fact that operating costs are not "all lost" but are accumulated for drivers to own vehicles after a period of working. "The cost is light, can be done immediately, the car will be owned by me. The opportunity is not only for those who have available conditions, but almost anyone can start if they want," Mr. Nguyen Minh Nghia shared in the service driver community in Ho Chi Minh City.

3 years without worrying about expenses, sharing up to 90% of revenue

In addition to low costs, Xanh SM Bike drivers enjoy a much higher sales sharing rate than the general level. Specifically, drivers can receive up to 90% of sales in the first year and 85% in the following years, while the popularity in the market is about 70%.

Energy costs are also optimized when drivers who meet operating conditions are given free battery rental for 3 years and unlimited battery exchange on the system of tens of thousands of public battery exchange cabinets nationwide. The policy lasts until March 31, 2029.

For drivers who already have cars, after registering for business operations, users can get free charging or battery replacement when completing about 10 trips per day, depending on the application area.

Switching to electric vehicles, I feel the lightest headache is that I no longer have to think about whether gasoline will increase or decrease today. Most of the revenue goes into my pocket," shared Mr. Tran Duy Nam, a service driver in Hanoi.

In addition to reducing operating costs, Xanh SM also supports a full package of procedures such as registration, insurance, positioning equipment and periodic maintenance. Compared to gasoline motorbikes - which incur more costs such as registration fees or engine maintenance - this model helps drivers significantly reduce financial pressure during operation.

For drivers who want to be proactive with their vehicles from the beginning, Xanh SM implements car purchase support policies with a total incentive of up to 13% of the value, and also supports loans up to 100% of the car value. Thanks to that, workers can choose between starting with low costs or investing in vehicles immediately, depending on their financial capacity and work plan.

When the capital barrier is removed, operating costs become lighter and income is more retained, driving cars is no longer a problem of using labor to compensate for costs as before. Especially, in the context of fluctuating fuel prices, Xanh SM's model of helping workers "get into the profession immediately, keep money regularly and have cars after a few years" becomes even more valuable to many technology drivers.