Over the past year, SOCAR Malaysia, the car-sharing start-up from Korea, has been offering transportation by bringing in a new era of multiflex mobility. Recently, it reached a milestone in its young history when its fleet reached 1,000 vehicles with more than 15 models for members to choose from.
From the Klang Valley and Johor Bahru, SOCAR has now expanded to over 500 zone locations with expansion in the northern region.
Since its inception in Malaysia – the Korean company’s first overseas expansion effort – SOCAR has focused on offering accessibility and convenience to Malaysians who want to enjoy the benefits of car-sharing. According to Leon Foong, the Chief Operating Officer of SOCAR Malaysia, the company has successfully achieved this objective and over the last year, there has been a growth of 20 times in terms of members on SOCAR’s platform. In 2018 alone, the company facilitated more than a million car-sharing hours.
“In 2018, we saw the adoption and growth of car-sharing in Malaysia. This year, we are looking towards a rapid expansion as we would like to extend the multiflex lifestyle to more people in the country. We want to provide the public with an affordable and flexible option for a car or a second car if they already own a car, hence we have invested in more car models to suit different preferences and needs,” Mr. Foong said.
“In addition, we have started off the year by expanding to Penang with more cities in the pipeline in order to increase our accessibility and offer greater convenience to Malaysians who want an alternative to car ownership,” he said, adding that the nationwide fleet will grow to over 2,500 vehicles by the end of 2019.
21 zones on Penang island and mainland
Initially, SOCAR has 50 cars available in Penang that are located in 21 zones throughout the island and also on the mainland. There are also one-way drives available for those who wish to travel from Kuala Lumpur to Penang for business or for a weekend getaway.
SOCAR Zones in Penang include Caltex stations, Tunku Abdul Rahman University College, selected condominiums, popular hotels and shopping malls as well as the airport.
With its mobile application, SOCAR makes car-sharing convenient for everyone by allowing members to book and unlock cars on its platform with just a few taps. All cars on the SOCAR platform are keyless and prices are inclusive of petrol and insurance (comprehensive and personal accident coverage).
More information can be found at www.socar.my.