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In Las Vegas, Vay has completed over 5,000 teledriven trips as the fleet has expanded to 150 vehicles. Justin Spratt, Chief Business Officer, Vay joined Grayson Brulte on Autonomy Insights to discuss the business of teledriving.
Vay’s teledriving system, VayNet, minimizes latency through advanced compression techniques and redundant networks. Their business model offers the potential to reduce costs by up to 50% compared to traditional ride-hailing services.
Their technology has the potential to unlock new efficiencies in transportation, from improving operations in seaports and airports to enhancing car rental services and supporting the growth of autonomous vehicles.
Chapters
- 0:00 Vay’s Approach to Teledriving
- 1:10 Automotive Safety Case
- 3:57 Vay Business Model
- 9:12 Economics of Teledriving
- 10:10 Vay Use Cases
- 12:57 Telemarket Outlook
Recorded on Wednesday, September 18, 2024
