Listen to this article
Car sharing provider, SoCar Malaysia has just introduced a new peer-to-peer platform called Trevo. Not only it allows the car-sharing community more vehicle options, but existing car owners can also earn additional income by renting their car out.
Trevo is operated by Future Mobility Solutions Sdn Bhd, which is a fully-owned subsidiary of SoCar Mobility Malaysia Sdn Bhd. SoCar is currently 60% owned by SK Holdings while the remaining 40% is owned by SoCar Korea.
According to Trevo, car ownership in Malaysia is amongst the highest in the region with 93% of households owning at least one car and 54% of households own multiple cars. They added that with real wage growth slowing down, car ownership is becoming a financial burden. With Trevo, car owners can alleviate their financial burden by making money from sharing their vehicles when it is not in use.
For members that are interested in renting a car, they offer a wide range of vehicles from a Perodua Bezza at RM35/day to luxury vehicles such as a Rolls Royce Ghost at RM6,000/day. You can find different vehicle types such as sedans, pickups, SUVs, MPVs and coupes.
For hosts, Trevo says that you can cover your car’s monthly instalment by sharing the car for at least 6-8 days per month. Hosts are given the flexibility to choose their own pricing as long as it falls within the recommended pricing band that’s suggested by Trevo’s algorithm. Trevo also allows corporate listing from commercial car rental companies as well.
You can learn more by checking out Trevo’s website. You can also download the app which is available on both Android and iOS.
source: https://www.soyacincau.com/
MARKETING Magazine is not responsible for the content of external sites.
The APPIES is an annual event that presents a rare opportunity for creative, media, digital and marketing agencies or brands to present their best campaigns to the industry.
This is the only event where Live Presentations meets Live Judging.
Similar to TED Talks, The APPIES is the chance for great presenters with outstanding work to show it off to some of the industry’s most important industry leaders.
This year’s winners will receive Gold, Silver or Bronze trophies for 10 categories, and 7 special Best of Best categories (red trophies) that require no submissions!
Campaign entries must have run between June 2022 to May 2023
For more details visit https://appies.com.my/ or contact Vishnu
