KUALA LUMPUR: Car-sharing service provider Trevo says it is confident it would continue to grow in 2023.
It said it would focus on optimising the Trevo app to provide a better user experience.
“While the Malaysian economy shows promising signs of growth, we will continue our efforts to build the sharing economy, empowering more Malaysians to benefit and increasing their disposable income through renting out underused vehicles,” said Trevo Malaysia general manager Susan Teoh.
Trevo said more Malaysians now know about the option of car-sharing as a mobility solution.
Trevo said it recorded a six-fold increase in the number of trips booked – at an average of over 1,800 trips monthly compared to 300 trips monthly during the pandemic when travel restrictions were imposed.
At the same time, car owners became more confident in listing their cars for rental on Trevo, with listings growing steadily in 2022, from a total of over 4,000 cars listed on the platform at the end of 2021 to a new total of over 6,000 cars available for booking by the end of 2022.
New services such as Buddy Driver that allows Guests to book a driver on demand also saw big growth, with over 10,000 bookings completed across 2022, since Malaysia entered the endemic phase, said Trevo.
“The existence of Trevo, which offers multi-pronged benefits to Malaysians, from offering a source of additional financial sustainability when they list their cars for booking to offering flexible mobility for drivers who only want access to a car on limited occasions, without hidden charges, is clearly welcome among Malaysians, looking at the growth in the number of bookings and listings across 2022.
“We have also addressed the concerns of potential hosts by introducing Trevo Shield insurance coverage to protect hosts and guests," said Teoh.
“To better support our Trevo community, we also introduced services like Buddy Driver and education-oriented features like 'Trevo University', to continuously improve the experience of Trevo users in Malaysia.”
