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Grab Malaysia partners with EV firms to boost driver adoption

Grab Malaysia has signed a memorandum of understanding (MoU) with BYD Sime Motors, Yinson Green Technologies (M), and Power-Up Tech (P.UP) to promote electric vehicle (EV) adoption among its driver-partners across the country.

The collaboration aims to provide accessible EV solutions and contribute to Malaysia’s sustainability goals.

Additionally, the initiative focuses on developing necessary charging infrastructure.

BYD Sime Motors will provide exclusive car pricing and training for Grab driver-partners.

Yinson GreenTech will offer preferential leasing and charging rates, while Power-Up Tech will focus on ensuring reliable charging infrastructure through mobile charging facilities.

Recent Grab developments

Timeline
26-Mar-2025 💳 Grab Indonesia launches new feature for easier bill payments
  • Grab Indonesia launches Bayarin for bill payments.
  • Supports payments via messaging platforms like WhatsApp.
26-Mar-2025 💰 Grab seeks $2b loan for potential GoTo acquisition, sources say
  • Grab in talks for $2B loan to acquire GoTo.
  • Deal could value GoTo at over $7B.
24-Mar-2025 🛒 Grab’s deal for its second Malaysian supermarket checks out
  • Grab acquires Malaysian supermarket Everrise.
  • Focus on grocery delivery as revenue grows rapidly.
18-Mar-2025 🔍 Grab begins due diligence in GoTo merger talks
  • Grab starts due diligence on GoTo Group.
  • Preliminary talks on potential deal structures ongoing.
14-Mar-2025 🤖 Grab CEO warns AI crucial for growth, non-users risk lagging

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