SINGAPORE,&nbsp;March 24, 2023- Drive lah, the only car sharing company in&nbsp;Singapore&nbsp;that brings together car owners and people that need access to cars, is proud to announce the&nbsp;launch of its latest version of the app, App 2.0, and a new subscription product, Flex Plus.

The company's mission aligns with&nbsp;Singapore's&nbsp;drive towards becoming "car-lite", reducing the number of cars on the road and promoting sustainable mobility solutions. Other fleet-based car sharing companies do this as well, but Drive lah offers some additional benefits to the community as existing assets are being better utilised.

As an active participant in the nation's green initiative, Drive lah provides a unique solution that provides easy access to cars for many and offers income opportunities for car owners, whilst reducing congestion and pollution in the Red Dot. The&nbsp;Singapore&nbsp;government has recognised Drive lah's efforts, which have led to the platform's tremendous growth.

Since our inception in&nbsp;Singapore,&nbsp;we have helped car owners earn more than&nbsp;$7M&nbsp;by renting out their cars in their neighbourhoods.&nbsp;These hosts provide excellent service to their neighbours and many friendships were formed between hosts and their guests. The combination of our platform with connected-car technology and the car owners taking care of their guests made us a trusted platform for heartland Singaporeans. We believe in providing a personalised experience that caters to the unique needs of our community. We take pride in the quality of cars available on our platform, which are not only clean but also well-maintained. This is because we are a community-driven car sharing platform, and our car owners take great care of their vehicles, ensuring that our users have a great experience every time they book a car with us. Cleanliness of the car is possibly the most important aspect of car sharing experience for both car hosts and guests. Because Drive lah is the only car sharing platform where people rent cars from private car owners, we see that cleanliness is a key reason that people choose Drive lah.

With the launch of App 2.0, we are taking the Drive lah experience to the next level. Smart hosting makes it easier for people to share cars and track income, while enhanced safety features include Singpass login and advanced fraud detection. Booking a car has never been easier, with the ultimate convenience of a one-click booking, says&nbsp;Gaurav Singhal, Cofounder of Drive lah.

We have also introduced Flex plus,&nbsp;a revolutionary car subscription for any type of car at 25 - 30% lower cost than market rate, says Dirk-Jan ter Horst, Co-founder of Drive lah. This subsidised rate is given on the condition that subscribers share their car 4 days per month on our platform. Initial demand for this product has been amazing. People love the fact that they can get a car for longer term without having to commit to yearly contracts and sharing the car a few days per month when they don't drive it themselves is not a problem. In fact, the majority of the people that have started this subscription are renting out their cars more than 1 day per week and pocket the extra earnings.

If you are interested to get a car for a longer period at 25-30% lower costs and without having to commit to yearly contracts, then Flex Plus is something for you. Find out more on&nbsp;<a href="https://www.drivelah.sg/long-term-car-rental" target="_blank" rel="nofollow">https://www.drivelah.sg/long-term-car-rental</a>.

Drive lah is proud to be a community-driven platform that utilises proprietary technology to deliver a fully digital and contactless experience. As we expand beyond&nbsp;Singapore,&nbsp;Australia&nbsp;and into new markets this year, we remain committed to our mission of reducing the number of cars on the road while providing a personal, community-driven experience for our users. Join the Drive lah community today and experience the benefits of car sharing.

Drive lah is a unique peer-to-peer car sharing platform which allows people to rent other people's cars. Sustainability is one of our core values, and with this value we aim to drive a movement - in the way people drive, cars are owned and our urban space is treated. Drive lah enables people to make small changes by switching to car sharing, which benefits the community directly and reduces the number of individual cars on the road.

Visit us at:&nbsp;<a href="https://www.drivelah.sg/" target="_blank" rel="nofollow">Website</a>&nbsp;|&nbsp;<a href="https://www.linkedin.com/company/drive-lah-venture-holdings-pte-ltd/" target="_blank" rel="nofollow">LinkedIn</a>&nbsp;|&nbsp;<a href="https://www.facebook.com/drivelah2018/" target="_blank" rel="nofollow">Facebook</a>

<h1>Drive lah launches brand new experiences and products to accelerate car sharing in Singapore</h1>SINGAPORE,&nbsp;March 24, 2023- Drive lah, the only car sharing company in&nbsp;Singapore&nbsp;that brings together car owners and people that need access to cars, is proud to announce the&nbsp;launch of its latest version of the app, App 2.0, and a new subscription product, Flex Plus.The company's mission aligns with&nbsp;Singapore's&nbsp;drive towards becoming "car-lite", reducing the number of cars on the road and promoting sustainable mobility solutions. Other fleet-based car sharing companies do this as well, but Drive lah offers some additional benefits to the community as existing assets are being better utilised.As an active participant in the nation's green initiative, Drive lah provides a unique solution that provides easy access to cars for many and offers income opportunities for car owners, whilst reducing congestion and pollution in the Red Dot. The&nbsp;Singapore&nbsp;government has recognised Drive lah's efforts, which have led to the platform's tremendous growth.Since our inception in&nbsp;Singapore,&nbsp;we have helped car owners earn more than&nbsp;$7M&nbsp;by renting out their cars in their neighbourhoods.&nbsp;These hosts provide excellent service to their neighbours and many friendships were formed between hosts and their guests. The combination of our platform with connected-car technology and the car owners taking care of their guests made us a trusted platform for heartland Singaporeans. We believe in providing a personalised experience that caters to the unique needs of our community. We take pride in the quality of cars available on our platform, which are not only clean but also well-maintained. This is because we are a community-driven car sharing platform, and our car owners take great care of their vehicles, ensuring that our users have a great experience every time they book a car with us. Cleanliness of the car is possibly the most important aspect of car sharing experience for both car hosts and guests. Because Drive lah is the only car sharing platform where people rent cars from private car owners, we see that cleanliness is a key reason that people choose Drive lah.With the launch of App 2.0, we are taking the Drive lah experience to the next level. Smart hosting makes it easier for people to share cars and track income, while enhanced safety features include Singpass login and advanced fraud detection. Booking a car has never been easier, with the ultimate convenience of a one-click booking, says&nbsp;Gaurav Singhal, Cofounder of Drive lah.We have also introduced Flex plus,&nbsp;a revolutionary car subscription for any type of car at 25 - 30% lower cost than market rate, says Dirk-Jan ter Horst, Co-founder of Drive lah. This subsidised rate is given on the condition that subscribers share their car 4 days per month on our platform. Initial demand for this product has been amazing. People love the fact that they can get a car for longer term without having to commit to yearly contracts and sharing the car a few days per month when they don't drive it themselves is not a problem. In fact, the majority of the people that have started this subscription are renting out their cars more than 1 day per week and pocket the extra earnings.If you are interested to get a car for a longer period at 25-30% lower costs and without having to commit to yearly contracts, then Flex Plus is something for you. Find out more on&nbsp;<a href="https://www.drivelah.sg/long-term-car-rental" target="_blank" rel="nofollow">https://www.drivelah.sg/long-term-car-rental</a>.Drive lah is proud to be a community-driven platform that utilises proprietary technology to deliver a fully digital and contactless experience. As we expand beyond&nbsp;Singapore,&nbsp;Australia&nbsp;and into new markets this year, we remain committed to our mission of reducing the number of cars on the road while providing a personal, community-driven experience for our users. Join the Drive lah community today and experience the benefits of car sharing.About Drive lahDrive lah is a unique peer-to-peer car sharing platform which allows people to rent other people's cars. Sustainability is one of our core values, and with this value we aim to drive a movement - in the way people drive, cars are owned and our urban space is treated. Drive lah enables people to make small changes by switching to car sharing, which benefits the community directly and reduces the number of individual cars on the road.Visit us at:&nbsp;<a href="https://www.drivelah.sg/" target="_blank" rel="nofollow">Website</a>&nbsp;|&nbsp;<a href="https://www.linkedin.com/company/drive-lah-venture-holdings-pte-ltd/" target="_blank" rel="nofollow">LinkedIn</a>&nbsp;|&nbsp;<a href="https://www.facebook.com/drivelah2018/" target="_blank" rel="nofollow">Facebook</a>Source: Drive lah Pte Ltd

Car / Car Supplies

Travel / Sightseeing

Automotive / Automotive Supplies

Startups

Drive lah launches brand new experiences and products to accelerate car sharing in Singapore

ZA Tech Global Limited ("ZA Tech"), a leading InsureTech player headquartered in Singapore, has signed an investment and Joint Venture Agreement with Carro, Southeast Asia's largest used car marketplace. This will transform and streamline the online insurance distribution and claims process for customers and insurers alike, allowing Carro to fill in the gaps in the automotive sector through innovative tech powered by generative AI tools such as ChatGPT.

Auto insurance is mandatory in most Southeast Asian regions, including&nbsp;Singapore,&nbsp;Malaysia&nbsp;and&nbsp;Thailand. Yet the process of buying insurance and making claims remain frustrating for many. By leveraging ZA Tech's core platform, Fusion, Carro will be able to tap into a rich set of APIs and tools to manage administrative tasks, such as quote generation, policy renewals and e-policy notifications. Fusion will also enable Carro to easily embed and control insurance journeys for customers.

This journey is now available for Carro in&nbsp;Singapore&nbsp;and&nbsp;Malaysia. Insurers include&nbsp;Income, MSIG and DirectAsia for&nbsp;Singapore&nbsp;as well as Takaful Malaysia, MSIG, Allianz, and&nbsp;Zurich&nbsp;for&nbsp;Malaysia.

Being a regional online-first platform, Carro is well-suited to help transform auto insurance across&nbsp;Southeast Asia. The group will also co-develop cutting-edge generative AI technologies to better educate customers on the various policies available, thereby helping them make faster, but more informed online insurance purchase decisions.

With an initial focus on auto insurance, there is a roadmap to extend the product portfolio offerings to include property, life and health insurance in the future.

Young Yang, General Manager of ZA Tech Southeast Asia says "We are thrilled to have the opportunity to work closely with a market leader to support their strategic ambitions and enable them to offer a wider set of insurance solutions to their customers and partners. Opportunities like this allow ZA Tech to keep pushing the boundaries of our technology, support our partner's strategic ambition, while improving the overall quality of insurance products in the market."

Carro's CEO and co-founder&nbsp;Aaron Tan&nbsp;says, "This investment with ZA Tech allows us to adopt the best practices as well as technologies from ZA Tech and bring it across&nbsp;Southeast Asia. We truly want to power and transform the way consumers learn and buy insurance online."

<h1>ZA Tech invests in Carro to improve and transform the auto insurance experience across Southeast Asian markets</h1>ZA Tech Global Limited ("ZA Tech"), a leading InsureTech player headquartered in Singapore, has signed an investment and Joint Venture Agreement with Carro, Southeast Asia's largest used car marketplace. This will transform and streamline the online insurance distribution and claims process for customers and insurers alike, allowing Carro to fill in the gaps in the automotive sector through innovative tech powered by generative AI tools such as ChatGPT.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/Carro_x_ZA_Tech_JV.jpg" alt="ZA Tech has signed an investment and Joint Venture Agreement with Carro, Southeast Asia’s largest used car marketplace."/>Auto insurance is mandatory in most Southeast Asian regions, including&nbsp;Singapore,&nbsp;Malaysia&nbsp;and&nbsp;Thailand. Yet the process of buying insurance and making claims remain frustrating for many. By leveraging ZA Tech's core platform, Fusion, Carro will be able to tap into a rich set of APIs and tools to manage administrative tasks, such as quote generation, policy renewals and e-policy notifications. Fusion will also enable Carro to easily embed and control insurance journeys for customers.This journey is now available for Carro in&nbsp;Singapore&nbsp;and&nbsp;Malaysia. Insurers include&nbsp;Income, MSIG and DirectAsia for&nbsp;Singapore&nbsp;as well as Takaful Malaysia, MSIG, Allianz, and&nbsp;Zurich&nbsp;for&nbsp;Malaysia.Being a regional online-first platform, Carro is well-suited to help transform auto insurance across&nbsp;Southeast Asia. The group will also co-develop cutting-edge generative AI technologies to better educate customers on the various policies available, thereby helping them make faster, but more informed online insurance purchase decisions.With an initial focus on auto insurance, there is a roadmap to extend the product portfolio offerings to include property, life and health insurance in the future.Young Yang, General Manager of ZA Tech Southeast Asia says "We are thrilled to have the opportunity to work closely with a market leader to support their strategic ambitions and enable them to offer a wider set of insurance solutions to their customers and partners. Opportunities like this allow ZA Tech to keep pushing the boundaries of our technology, support our partner's strategic ambition, while improving the overall quality of insurance products in the market."Carro's CEO and co-founder&nbsp;Aaron Tan&nbsp;says, "This investment with ZA Tech allows us to adopt the best practices as well as technologies from ZA Tech and bring it across&nbsp;Southeast Asia. We truly want to power and transform the way consumers learn and buy insurance online."