Socar Mobility Malaysia, the No. 1 car-sharing company in Malaysia, attracted 65 billion won in investment to fund its growth in Southeast Asia.
Socar will begin a real-world trial of self-driving minivans on Jeju Island in the first half of 2021, the company said Tuesday. The project will be conducted in partnership with Jeju's RideFlux, which specializes in self-driving software technology.
Car-sharing service operator Socar has started preparations for an initial public offering (IPO), the company announced Tuesday.
Car-sharing app SoCar became the first mobility start-up in Korea to be valued above 1 trillion won ($873 billion), the company said Friday.
Hyundai Motor Group is working with Lotte Rent-a-Car, SK Rent-a-Car and SoCar to harvest driver data.
Hyundai Card has partnered with car sharing service Socar to launch a branded credit card Thursday.
VCNC, the operator of the ride-sharing service Tada, announced Tuesday that it has filed a constitutional appeal against the revision of the Passenger Transport Service Act claiming it is unconstitutional.