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Car-sharing platform SOCAR has announced that it will officially end all services in Malaysia on 31 August
However, its sister platform TREVO will continue operating as normal.
The company, which launched locally in 2018, did not disclose the reason for its exit.
Users with remaining funds in their ewallets are advised to contact support immediately to claim their refunds
Despite SOCAR pulling its managed fleet from Malaysian roads, users will still be able to rent cars through its sister platform TREVO.
Rolled out in 2020, TREVO operates on a peer-to-peer model that allows individual car owners to list their vehicles for rent.
For drivers relying on short-term car rentals, SOCAR's shutdown marks a major shift in the local urban car-sharing landscape.
