VinFast Philippines and Green GSM officially introduced its new RENTAPASADA program. The program lets drivers use electric vehicles for work while paying a small security deposit instead of the large down payments required by traditional car dealers.
Drivers only need to put down Php5,000 as a security deposit to join. Green GSM takes care of registration, insurance, maintenance, and GPS installation. The company also helps drivers apply for transport network vehicle service accreditation, though drivers must secure their own licenses.
The daily rental rates are fixed at Php1,300 for the Herio Green model and Php1,650 for the Limo Green variant. These rates include all fees and remove the uncertainty of fluctuating fuel costs.
From March 13, 2026, to March 31, 2029, drivers can charge their vehicles for free through the V-Green charging network. Green GSM also covers insurance and maintenance costs.
The good thing about the RentaPasada program is drivers get to keep most of what they earn. In the first year, they take home 90 percent of their trip income. That drops slightly to 85 percent in years two and three. To qualify for these rates, drivers need to complete at least 250 trips each month and accept 90 percent of ride requests.