KUALA LUMPUR, 17 SEPTEMBER 2021 – SOCAR Mobility Malaysia (SOCAR) has closed a covenant-based investment round of up to USD55 million in its recent Series B funding exercise. SOCAR – currently valued at USD213 million, will see both equity and capital injection from South-Korea based EastBridge Partners as well as an investment by Malaysian multinational […]
With Malaysia’s Covid-19 vaccination efforts proceeding at full speed, we’re likely looking at a glimmer of light at the end of the tunnel. Health Minister Khairy Jamaluddin recently said Malaysia would reclassify Covid-19 from a pandemic to endemic by the end of October when 80 percent of the adult population is vaccinated. That would mean […]
In the wake of the recent Intergovernmental Panel on Climate Change (IPCC) report that sounded a code red alarm on the irreversible effects of climate change, the need to make strong and sustained reductions in greenhouse gas emissions is more pressing than ever. With transportation being a major contributor to emissions, automotive industry players have […]
KUALA LUMPUR, 26 August 2021 – SOCAR Mobility Malaysia (SOCAR) and Tenaga Nasional Berhad (TNB) have announced a Memorandum of Understanding (MoU) to leverage on shared demand data on electric vehicle (EV) usage in Malaysia as part of their joint efforts to speed up the adoption of EVs. Efforts to encourage EV adoption are in […]
As we look forward to recovery after months of COVID-19 lockdown, there is a real risk of post lockdown anxiety. Especially when it comes to public service transport and ride-hailing options. Urban citizens need a safe and flexible way to move about, and not all of us would be 100% comfortable frequenting public transport or […]
With 33.9% of the Malaysian population receiving 2 vaccine doses at this stage (18 Aug 2021), a small glimmer of hope has been sighted on the horizon. Allowances for the fully vaccinated are now being phased in, with the goal of helping a sense of normality to return and the wider economic recovery effort. But […]
Car ownership – in an ideal situation, many of us may picture the freedom to travel any time we want. But is the reality closer to spending hours at workshops waiting for your vehicle to be serviced, where car ownership ends up becoming a barrier to freedom. After close to two years of having our […]
KUALA LUMPUR, 21 July 2021 – A recent survey has affirmed a clear opening for SOCAR to empower Malaysians to access electric vehicles (EVs) through flexible mobility options. Amid a global push for drivers to switch from traditional cars powered by internal combustion engines (ICE) to EVs, the relatively high cost of EV adoption remains […]
We take our car deliveries as serious as your favourite pizza deliveries. That’s why we’re super excited to share with you that our car delivery service is expanding all over the country! SOCAR-2-YOU service will be available in more than 10 NEW locations. And we can’t stop. Won’t stop. Home Delivery, or Anywhere Near You, […]
RM50 for you, 5 HOURS FREE for your friend! Need money? Got friends? All you need is SOCAR’S Refer & Earn programme! For each successful referral who completes his/her first booking, you’ll get RM50 OFF. Your friends will receive 5 HOURS FREE drive when they register on SOCAR with your unique referral code too! So not only you […]