Bolt was introduced around November 2024, and since its introduction, it has grown in terms of users and drivers in stages. Most recently, Bolt has also introduced their newest service, called Bolt Executive.
Bolt Executive focuses on a premium and high-quality driving experience to destinations. Users who make a booking will receive a luxury MPV vehicle to the destination, consisting of Toyota Vellfire and Toyota Alphard.
Bolt also shared that since its launch in Malaysia, they have paid more than RM22.8 million to their driver partners. Bolt also takes a commission rate as low as 15%, lower than the industry norm which takes a commission rate of 20%.
Bolt itself offers discounts for driving, and from our own tests, prices on Bolt are lower than Grab to a number of destinations, especially during peak hours.