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Automotive

Trevo offers MYR2 million financial aid for 10,000 car-sharing hosts

TREVO, a subsidiary of SOCAR Mobility Malaysia, is the latest app-based people-to-people car sharing marketplace. The mobility startup kicked off Phase 1 of its Proof of Concept (POC) exercise today with an MYR2 million investment, providing financial aid to new car-sharing hosts. It aims to encourage more people to participate in its year-long POC study by sharing their vehicles, in line with the Government’s effort to mitigate the people’s financial challenges through the PENJANA (Short Term Economic Recovery) plan.